Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
New AI and Blockchain Training in Nigeria Set Against a Background of Tightened Crypto Policies

New AI and Blockchain Training in Nigeria Set Against a Background of Tightened Crypto Policies

Cryptodnes2024/07/25 08:40
By: Cryptodnes
AIOLD0.00%

Nigeria’s Vice President, Kashim Shettima, has launched the AI Expertise Blockchain and Technology Training and Outsourcing Initiative in Jigawa, aiming to make Nigeria a digital tech leader in Africa.

Partnering with Gluwa, the program will train 1,000 Nigerians annually in AI and blockchain.

President Bola Ahmed Tinubu has also introduced a 150,000 naira ($90) grant for micro, small, and medium enterprises (MSMEs) to boost the local fintech sector. Shettima clarified that this grant is non-repayable.

Shettima also inaugurated the 4th edition of the Expanded National MSMEs Clinic to support small businesses across Nigeria.

Meanwhile, Nigeria’s crypto regulations have tightened. In May, Tinubu banned peer-to-peer crypto trading with the naira to prevent currency devaluation.

READ MORE:
Coinbase Seeks Court Order for SEC Documents Amid Ongoing Lawsuit

The SEC, led by Emomotimi Agama, has restricted Binance’s naira transactions and trading, filing charges of tax evasion and money laundering against the exchange and its executives.

Despite these restrictions, cryptocurrency trading in Nigeria remains strong, with volumes increasing 9% to $56.7 billion from July 2022 to June 2023.

SHARE: SHARES
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

CandyBomb x ZBT: Trade futures to share 100,000 ZBT!
Bitget Announcement2025/10/17 13:30
Bitget Builder+ Initiative is now recruiting!
Bitget Announcement2025/10/17 11:00

Trending news

More
1
CandyBomb x ZBT: Trade futures to share 100,000 ZBT!
2
Bitget Builder+ Initiative is now recruiting!

Crypto prices

More
Bitcoin
Bitcoin
BTC
$107,222.42
+1.26%
Ethereum
Ethereum
ETH
$3,888.12
+2.16%
Tether USDt
Tether USDt
USDT
$1
+0.02%
BNB
BNB
BNB
$1,104.15
+3.25%
XRP
XRP
XRP
$2.39
+3.82%
Solana
Solana
SOL
$186.57
+2.42%
USDC
USDC
USDC
$1.0000
-0.03%
TRON
TRON
TRX
$0.3137
+1.12%
Dogecoin
Dogecoin
DOGE
$0.1882
+2.28%
Cardano
Cardano
ADA
$0.6399
+3.26%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter