Financial company to extend Digital Services to 1m Kaduna rural traders

Photo: Bilkisu Ahmed Abdu CEO left with CBN Kaduna branch Controller Mohammed Aminu at the grand launching of Digital kiosk in Kaduna

Hajiya Bilkisu Ahmed, an entrepreneur and financial expert, leads a company that aims to provide Inclusive Digital Financial services to one million Rural Market Traders in Kaduna State.

 This effort is geared towards helping them meet the Central Bank of Nigeria’s (CBN) 95 percent financial inclusion target by January 2024.

As the CEO of Paynacle Digital Services, Ahmed unveiled this initiative during the launch of a digital kiosk in the state. 

She highlighted that over two million individuals in the state lack access to financial services. 

She explained that the current state government has created a supportive environment for entrepreneurs, and as part of their plan, they will invest 350 million naira to set up 1,000 PoS terminals across the state.

“Our commitment is to provide Inclusive Digital Financial literacy and services to one million Rural Market Traders in the state, enabling Kaduna to achieve the CBN’s 95 percent financial inclusion target by January 2024,” Ahmed emphasized.

At the event, Muhammad Aminu, the controller of the Central Bank’s Kaduna branch, stressed the apex bank’s interest in financial inclusion, Fintech, and empowerment. He mentioned that these factors will shape the future of banking and financial institutions. Reflecting on the past decade, Aminu observed that the banking sector has undergone significant transformation in alignment with global trends.

He stated, “The days of relying on cheques or visiting banks for financial transactions are now outdated, as customers can comfortably conduct million-naira business transactions from their own homes.”


Please enter your comment!
Please enter your name here