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9PSB, Offers Women Entrepreneurs, SMEs Owners Agent Banking Opportunities

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9 Payment Service Bank (9PSB), Nigeria’s digital payment service bank, focused on financial inclusion has shifted it’s focus on empowerment and wealth creation for women. 

 

 

The bank demonstrated the seriousness of the focus with its

2024 South-West Women Chamber of Commerce and Industry, Emerging Market Emerging Market Summit and Expo.

 

 

With it, the bank has reiterated its support to Nigerian women entrepreneurs and Small and Medium Scale Enterprises through its agent banking business opportunities that will scale up their revenue base and improve their standard of living.

 

 

The event themed: Women Entrepreneur as Catalyst for Sustainable Development and Economic Growth held at Lagos State Co-operative Federation (LASCOFED) aimed at training and empowering over 500 women participants on entrepreneurship skills and fostering market link and economic growth, had in attendance women entrepreneurs and SMEs owners across South-West region who have been using their skills and resources to make purpose driven contributions to the society.

 

 

Speaking at the event, the Chief Executive Officer, and Managing Director, 9 Payment Service Bank, Branka Mracajac, represented by the Head of Sales Distribution and Strategic Partners, 9 Payment Service Bank (9PSB), Kunle Isiaka commended the women for their resilience and viable contributions to their communities through the various initiatives and businesses.

 

 

‘’I am indeed very thrilled to see these amazons who have been breaking all barriers without limitation in all strata of the society, women are truly the bedrock of the society, when a woman is trained, a nation is of course trained, we cannot over emphasize the need for the women the be financially included, empowered, and given the required support to thrive. It is understood that a reasonable number of the women folks lack the basic financial knowledge, and many are financially excluded from the formal financial system, this has impacted to an extend their means of doing business.

 

 

A report by EFInA states that at least thirty-eight million (that is, 36%) Nigerian adults still do not have a bank account but majority of them have phones, it also shows that four out of every 10 Nigerians are financially excluded, and they are mostly females. In Lagos State, there are at least eight million adults between the 18 years and above who live in Lagos and more influents daily. Out of this number, 54% of adults are business owners or traders and 28% of them receive payment digitally. With this statistics, 9 Payment Service Bank is working and consolidating on these areas. “In addition, 91% of Lagos adult females are currently financially served, 6% of women in Lagos have access to credit facility, while we focus on the 8% excluded Lagosian, although our license does not permit us yet to give out loans, but we are doing everything possible to ensure we support the women through our agent banking training geared towards women empowerment,” Kunle added.

 

 

“As a bank providing services to the banked and underbanked, we dwell on strategic partnership with other players in the industry because we cannot do it all alone, we have the mandate to drive financial inclusion and ensure that every household is financially included. Also, a robust agent network spreading across the country to facilitate financial transactions have been of tremendous progress. We have empowered over 18,000 agents out of which over 45 per cent of them are women. As we make progress in this journey, our Service Location Partners will continue to engage you at your various locations with necessary support to thrive as a merchant in the payment services industry,” he remarked.

 

 

 

*****ABOUT 9 PAYMENT SERVICE BANK

9 Payment Service Bank (9PSB) is a registered Nigerian bank operating under the approval of CBN to provide unique banking services to the underbanked, and unbanked, as well as innovative services to individuals with bank accounts. 9PSB operates as a fully digital bank and runs its agency network. 9PSB is a bank for everyone accessible by everyone and offers a seamless online & offline banking experience. For more information visit: www.9psb.com.ng

International News

Transfer: Real Madrid , Cucurella Reach Verbal Agreement 

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Chelsea reliable defender, Marc Cucurella may join Spanish giant, Real Madrid before the end of the current transfer window.if information from transfer journalist, Fabrizio Romano are anything to go by.

 

Romano In a latest transfer update, said Real Madrid has reached verbal agreement to sign Marc Cucurella from Chelsea.

“Verbal agreement in place between all parties, player too — he’s the left back wanted by Mourinho” the update read.

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Hakimi, Vinicius Barred From Speaking Spanish At World Cup

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FIFA has come under scrutiny after several high-profile players, including Achraf Hakimi and Vinicius Junior, were discouraged from speaking Spanish during media engagements at the 2026 FIFA World Cup in the United States.

 

The issue first surfaced ahead of Morocco’s Group C clash with Brazil when a Spanish-speaking journalist attempted to question Morocco captain Achraf Hakimi in Spanish.

Despite Hakimi, who grew up in Madrid and speaks the language fluently, indicating he was comfortable answering in Spanish, event officials reportedly insisted that questions be asked in English.

Hakimi attempted to reassure organizers that language would not be a barrier, but officials maintained that no Spanish translator was available for the session. A compromise was eventually reached, with the reporter asking the question in Spanish while Hakimi responded in English.

The controversy intensified during Brazil’s media session when Vinicius Junior was also interrupted while responding to a question in Spanish.

The Real Madrid forward, who is more comfortable speaking Portuguese or Spanish than English, was reportedly asked by organizers to switch languages.

Rather than continue in Spanish, Vinicius opted to answer in Portuguese before turning his attention back to Brazil’s World Cup preparations.

The incidents sparked widespread debate among journalists and fans, many of whom questioned why Spanish—a language spoken by millions across North America—was effectively restricted at a tournament being hosted largely in the United States.

According to Spanish media outlet El País, FIFA only provides Spanish-language translation services at World Cup press conferences involving Spanish-speaking nations such as Spain, Mexico, Argentina, Uruguay, Colombia, Ecuador, and Paraguay.

For all other teams, questions and answers are expected to be conducted either in English or the official language of the participating country.

The policy has generated criticism online, with many supporters arguing that multilingual communication should be encouraged at a global event like the World Cup.

The backlash was particularly strong in Vinicius’ case, as the Brazilian forward appeared visibly uncomfortable being asked to communicate in English.

The controversy overshadowed what was otherwise a highly anticipated encounter between Brazil and Morocco, which ended in a 1-1 draw.

With the issue now drawing international attention, FIFA may face increasing calls to review its media language guidelines as the tournament progresses.

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It’s Illegal’…Falana’s Bombshell Indicts Govs, FG.

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Human rights advocate, Femi Falana, has warned federal and state governments against negotiating with and rewarding terrorists.

 

According to Falana, the practice is illegal.

He stated this while delivering the keynote address at the Amnesty International Second Annual General Meeting in Abuja on June 13, 2026.

Falana claimed it is public knowledge officials of the Federal Government and some State Governments have been holding meetings and negotiating with terrorists and bandits, which has led to thousands of ‘repentant’ criminals being forgiven and given cash gifts of undisclosed sums of money.

Asserting that the “satanic Boko Haram sect and similar bodies have been proscribed” under the Terrorism (Prevention and Prohibition) Act, Falana insisted that “their members and allies shall be prosecuted and not pampered and forgiven by the Nigerian State.”

Highlighting the legal consequences, he quoted Section 22 of the Act, stating: “A person who knowingly—(a) arranges, manages, assists in arranging or managing, participates in a meeting or an activity, which in his knowledge is concerned or connected with an act of terrorism or terrorist group, (b) collects, or provides logistics, equipment, information, articles or facilities for a meeting or an activity, which in his knowledge is concerned or connected with an act of terrorism or terrorist group, or (c) attends a meeting, which in his knowledge is to support a proscribed entity or to further the objectives of a proscribed entity, commits an offence, and is liable on conviction to imprisonment for a term of at least 20 years.”

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