PalmPay Launches N10 Million Scholarship for Bayero University Students

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20/11/25 • 10 Vues • 0 Partager • Publié dans Autre

Kano, Nigeria – In a landmark move to support tertiary education in Nigeria, PalmPay Nigeria Limited has launched a N10 million scholarship programme for students of Bayero University, Kano (BUK). The..

Kano, Nigeria – In a landmark move to support tertiary education in Nigeria, PalmPay Nigeria Limited has launched a N10 million scholarship programme for students of Bayero University, Kano (BUK). The initiative marks the first phase of the company’s nationwide effort to empower young Nigerians through education.

Under the programme, 20 BUK students will each receive N500,000 to support their academic pursuits. The symbolic cheque was formally presented by PalmPay Managing Director, Mr. Chika Nwosu, to Vice-Chancellor, Professor Haruna Musa, FSI, during a ceremony held on Wednesday, 19 November 2025. Mr. Nwosu explained that BUK was chosen as the inaugural beneficiary due to its reputation as one of Nigeria’s leading universities.

Speaking at the event, Mr. Nwosu revealed that PalmPay has earmarked N2.4 billion to support students across more than 50 tertiary institutions nationwide, underscoring the company’s commitment to investing in its youthful customer base and contributing to national educational development. He also thanked BUK students for their loyalty and pledged continued support for young Nigerians.

Professor Musa lauded the initiative, describing it as a commendable contribution to student welfare and institutional growth. He reaffirmed BUK’s readiness to strengthen its collaboration with PalmPay, particularly in corporate social responsibility initiatives and student empowerment programmes.

The partnership was formalized with the signing of a Memorandum of Understanding (MoU) by the Vice-Chancellor, the PalmPay Managing Director, and Dean of Student Affairs, Professor Mukhtar Bunza, officially marking the commencement of the scholarship programme.

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