Kano: PalmPay to empower 5,000 women, youths on financial literacy

PalmPay Limited, a fintech company in Nigeria, has concluded arrangements to empower 5,000 Kano state residents on financial literacy as part of its corporate social responsibility (CSR) initiative.

The program targets women, youths, university students, and NYSC corps members in the state.

According to the Managing Director of PalmPay, Mr. Chika Nwosu, the company aims to make financial services more inclusive and accessible to underserved communities in Northern Nigeria, particularly in Kano.

The initiative will promote financial literacy campaigns, support individuals and female-led micro, small, and medium enterprises (MSMEs), and provide capacity building and access to affordable digital payment tools.

The Emir of Kano, Khalifa Muhammad Sanusi II, has blessed the program and assured the company of the emirate’s support.

“Fintech is a crucial element of the financial system architecture,” he said, directing his district heads to give the company all the needed support to ensure the program’s success.

The program will launch its pilot initiative in Fagge local government area, where market women will receive practical training and essential tools to support and accelerate their business growth.