News
10 PalmPay Users Win iPhone 15, TECNO Smartphones in Savings Challenge

Fintech platform PalmPay has rewarded 10 users with iPhone 15 and TECNO smartphones in a savings campaign to drive financial literacy.
The campaign, which ran from November 28 to December 7, saw users compete for N10 billion trial cash to win five iPhone 15 and five TECNO Phantom X2.
Announcing the winners at the end of the campaign, Kevin Olumese, Senior Marketing Manager, PalmPay, praised the winners for their savings habit.
“To the winners of the PalmPay Savings Challenge, their win is proof that there’s gain in imbibing the habit of saving; gain in delaying that gratification to spend on one’s immediate want and instead saving to spend on one’s need,” Mr Olumese said.
“We understand that it’s easier to spend than to save money, and it was to dissuade our users from this habit that we came up with the savings challenge to encourage them not to always give in to that gratification but to learn to save.
“Lastly, it’s been a tough year for most Nigerians and PalmPay is happy to present these ten lucky winners with their smartphone gifts. We hope that this will brighten up their experience for the year,” he added.
Thanking PalmPay for the gift, Adesola Christopher Adehuwa, who won a TECNO Phantom X2, said he was excited about winning the smartphone and urged PalmPay to keep up with the good work of being a fintech platform for Nigerians.
“I feel very excited about winning the TECNO Phantom X2. I have been using PalmPay for two years. The win was unexpected. I want to tell PalmPay to keep up with the good work and continue to bless the poor. I want to tell other users to continue using PalmPay,” Mr Adehuwa said while receiving his gift.
Another winner, Chiamaka Princess Uche, said she was happy winning an iPhone 15 and vowed to continue using PalmPay for her financial transactions, especially the savings feature which offers up to 20% annual interest rate.
“Indeed, PalmPay is truly the best fintech platform. I just recently started using PalmPay about five months ago and I’ve seen a lot of benefits from the interest rates, the network and all. I just want to tell PalmPay to keep it up.
“Also, I want to tell other PalmPay users to keep using PalmPay. I’ve been with other fintech platforms and I can say that none comes close to PalmPay. I want to encourage them to keep participating in other campaigns,” Ms Uche said.
During the 10-day campaign, users earned a daily interest rate of 16 percent per annum on their trial cash gifted to them by PalmPay, with the interest from the trial cash daily credited to their savings account as spendable money.
News
UK Minister for Africa Visits Nigeria to Deepen Strategic Partnership

The United Kingdom’s Minister for Africa, Lord Collins of Highbury, has concluded a three-day visit to Nigeria, aimed at reinforcing the UK-Nigeria Strategic Partnership.
He reaffirmed the UK Government’s strong commitment to deepening trade and investment ties between the United Kingdom and Nigeria.
During his visit, Lord Collins met with senior Nigerian government officials, business leaders, civil society representatives and United Nations agencies.
These engagements underlined the UK’s long-term drive to support Nigeria’s prosperity and stability while deepening bilateral cooperation for transformative growth across our shared priorities.
A key highlight of the visit was Lord Collin’s bilateral meeting with Nigeria’s Minister of Foreign Affairs, Yusuf Tuggar, in which both parties reaffirmed their unwavering commitment to strengthening economic ties and promoting regional security. The Minister was joined by the UK’s Trade Envoy to Nigeria, Florence Eshalomi MP.
Lord Collins also met with Deputy Speaker of the House of Representatives, Hon. Benjamin Kalu, and discussions focused on opportunities to strengthen engagement between UK’s parliament and Nigeria’s National Assembly and the importance of furthering women’s participation in politics.
Speaking on his visit, the UK Government’s Minister for Africa, Lord Collins said: “Nigeria and the UK share a rich, ambitious relationship: one that is deeply rooted in respect.
“Our Strategic Partnership is at the forefront of this, and my visit has focused on how our countries can continue deepening our cooperation on key issues such as trade and investment to drive economic growth and deliver prosperity for us all.”
The Minister held discussions with United Nations representatives on the ongoing reform of the UN system, its implications for Nigeria and how the reform can effectively support those most in need, particularly in Northeast Nigeria, whilst also contributing to global humanitarian efforts.
Lord Collins also met with civil society leaders to discuss electoral integrity and governance reforms, reinforcing the UK’s commitment to democratic values and community empowerment.
He later visited Nigeria’s Anti-Kidnap Fusion Cell: a key security initiative supported by UK expertise through the National Crime Agency and the Integrated Security Fund, which plays a vital role in enhancing local safety and combating serious crime.
Also commenting on the visit, the British High Commissioner to Nigeria, Dr Richard Montgomery, said: “Driving growth is central to the UK’s foreign and development policy. Lord Collins’ visit to Nigeria underscores the UK’s unwavering commitment to deepening our shared prosperity through expanded trade and investment. We are proud to stand alongside Nigeria as it forges a resilient and dynamic economy.”
This visit underscores the UK’s enduring partnership with Nigeria – built on mutual respect, shared goals, and a vision for a prosperous future for both nations.
News
PalmPay Launches CSR Initiatives to Empower Women, Foster Financial Literacy in Northern Nigeria

In a strategic move to expand financial inclusion in Nigeria, leading mobile banking platform, PalmPay has launched a series of CSR programs across Kano and Kaduna. The CSR initiative named “Passing the Baton” represents the brand’s commitment to passing on knowledge and providing the resources individuals and businesses need to achieve financial independence and drive economic empowerment.
This initiative is a bold move by PalmPay to bridge the opportunity gap in the North by providing financial literacy training and micro-business branding support to 5,000 women-owned businesses in Kano and Kaduna. This strategic initiative reaffirms PalmPay’s commitment to inclusive development and economic empowerment, particularly in underserved regions.
“At PalmPay, we believe that real financial inclusion must be far reaching and cover the grassroots,” said Chika Nwosu, Managing Director of PalmPay. “Our new CSR program is focused on supporting gender equity by equipping women with the knowledge, tools, and visibility they need to thrive as entrepreneurs in their communities.”
Through this initiative, beneficiaries will receive free health insurance, hands-on training workshops, enhanced store branding to boost visibility, and branded merchandise to strengthen their business presence.
The initiative is part of PalmPay’s broader strategy to extend its innovative solutions, expand its footprint in Northern Nigeria, while building sustainable partnerships with local stakeholders for long-term impact.
In a show of support, His Royal Highness, the Emir of Kano, Dr. Muhammadu Sanusi II, has endorsed the initiative, calling on other stakeholders to join forces with PalmPay in ensuring the North benefits fully from the growing digital economy. PalmPay has received commendation from community stakeholders, as the initiative aims to serve as a model for similar projects across other northern states.
As PalmPay continues to scale across Nigeria, the company remains committed to bridging the financial inclusion gap and empowering underserved groups, particularly women and youth, through its innovative solutions and impact initiatives.
News
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