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PalmPay said it has intensified efforts to bridge Nigeria’s financial inclusion gap by empowering more than 2,000 women entrepreneurs across Kano and Kaduna states through a grassroots financial literacy and digital banking initiative targeted at market traders. The digital bank made this disclosure in a statement on Wednesday.
The initiative, which was implemented in Sabon Gari Market in Kano and Central Market in Kaduna, focused on equipping women with practical financial management skills and digital banking tools aimed at improving business operations and expanding access to formal financial services.
Women’s financial inclusion remains a major challenge globally and in Nigeria. According to Women’s World Banking, more than one billion women worldwide lack access to formal financial services, limiting opportunities for economic growth and financial independence.
