Over three months, the fintech platform has delivered money management workshops across five states, marking an effort to close the financial education gap among young Nigerians entering the workforce.
Fintech platform PalmPay has completed a three-month financial literacy initiative targeting National Youth Service Corps (NYSC) members across five Nigerian states. The program reached more than 5,000 corps members through training sessions at NYSC orientation camps in Lagos, Ogun, Oyo, Rivers, and Abuja.
The training sessions focused on practical money management skills, covering budgeting, saving, investing, and the responsible use of digital financial tools. Organizers designed the curriculum to help young corps members develop sustainable financial habits during their service year and beyond as they transition into the broader workforce.
Corps members who participated in the sessions responded positively to the training. Many described the workshops as practical and eye-opening, with participants finding the lessons directly applicable to their current financial challenges.
The initiative comes as Nigeria continues to grapple with limited financial literacy among its youth population. With NYSC members representing an important segment of the nation’s emerging workforce, targeting this demographic with money management education could have long-term implications for financial behavior and economic decision-making among young adults.
PalmPay’s involvement in the campaign reflects a broader trend of fintech companies expanding beyond traditional banking services to include financial education and inclusion efforts. Whether similar initiatives will be scaled to other groups or states remains to be seen.
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