Home Nigerian Govt Fosters AI Technology

Nigerian Govt Fosters AI Technology

Share
Share

Nigerian Govt Fosters AI Technology 

The Nigerian Federal Government has launched the Nigerian Artificial Intelligence Research Scheme to promote AI and support AI-focused startups. The scheme, which aims to drive economic progression and foster AI, will award N5 million each to 45 researchers and start-ups with a vision of AI advancement. The Minister of Communications, Innovation, and Digital Economy, Bosun Tijani, announced that the funding will be equivalent to $6,444, aiming to create a sustainable AI ecosystem in Nigeria. The initiative has gained attention among crypto enthusiasts worldwide.

The Nigerian government is inviting applications for a scheme aimed at fostering a vibrant and sustainable AI ecosystem in the country. The scheme, which will be open from October 13 to November 15, 2023, will provide financial support and facilitate knowledge sharing among AI industry professionals. The applicants must present a detailed proposal outlining the project’s potential impact, which will be evaluated by an AI expert panel. The government is inviting applications from aspiring AI researchers and technology platforms.

(With inputs from Shikha Singh)

Share

Latest News

News
NYSE Parent ICE Invests $2B In Polymarket | 3.0 TV (3versetv)

NYSE Parent ICE Invests $2B In Polymarket At $9B Valuation

Intercontinental Exchange, the owner of the New York Stock Exchange, has made a $2 billion investment in the crypto-powered prediction platform Polymarket,...

News
BNY Mellon Trials Blockchain Deposits To Modernize Payment System | 3.0 TV (3versetv)

BNY Mellon Trials Blockchain Deposits To Modernize $2.5T Payment System

Bank of New York Mellon, which oversees $55.8 trillion in assets under custody, is piloting tokenized deposits to overhaul its $2.5 trillion...

News
SEC Targets 2025 Launch For Crypto Innovation Exemption Framework | 3.0 TV (3versetv)

SEC Targets 2025 Launch For Crypto Innovation Exemption Framework

U.S. Securities and Exchange Commission Chair Paul Atkins has unveiled plans to introduce a new “innovation exemption” by late 2025, aiming to...

News
Vietnam To License Only Five Crypto Exchanges | 3.0 TV (3versetv)

Vietnam To License Only Five Crypto Exchanges In Pilot Program Before 2026

Vietnam’s Ministry of Finance has confirmed plans for a limited cryptocurrency-exchange pilot program that will authorize no more than five operators before...

Latest Blogs

Bitcoin Spot vs. Derivatives Trading: What’s the Difference?

Why This Matters for Traders? Bitcoin traders who want to start trading need to understand the distinction between spot trading and derivatives...

Crypto Job Scams: How Hackers Trick Applicants and How to Stay Safe

The Rise of Crypto Job Fraud The rising interest in cryptocurrencies and blockchain technology has attracted scammers who exploit job seekers’ enthusiasm...

How Hackers Use Fake Phones to Steal Your Crypto?

Overview of Fake Phone Crypto Scams Smartphone adoption for financial management has led to sophisticated scams targeting crypto users who remain unaware...

Can AI Bots Steal Your Crypto?

The Rise of AI in Cybercrime: AI Stealing Crypto The advancement of technology in cybercrime has created a paradox because improved technology...

Related Articles

Bitcoin Spot vs. Derivatives Trading: What’s the Difference?

Why This Matters for Traders? Bitcoin traders who want to start trading...

Crypto Job Scams: How Hackers Trick Applicants and How to Stay Safe

The Rise of Crypto Job Fraud The rising interest in cryptocurrencies and...

How Hackers Use Fake Phones to Steal Your Crypto?

Overview of Fake Phone Crypto Scams Smartphone adoption for financial management has...

Can AI Bots Steal Your Crypto?

The Rise of AI in Cybercrime: AI Stealing Crypto The advancement of...