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Photos: 9PSB Digital Bank Shines At Fintech Forum.

L-R: Head of Products & Innovation, 9PSB, Akeem Salam; Group Head, Financial Services Business Systegea, Interswitch Group, Tyoyila Aga; Head, Retail, 9PSB, Oladimeji Saka; Head, Sales & Distribution, 9PSB, Kunle Isiaka and Head, Customer Experience, 9PSB, Olusegun Omoleye, during the Nigeria Fintech Forum held in Lagos.
Nigeria’s foremost digital payment service bank focused on financial inclusion, participated at the recently held 2nd Nigeria Fintech Forum alongside other industry experts and stakeholders in Nigerian financial ecosystem. The forum, which is at its second edition, had as its theme: Reimagining the Future of Financial Inclusion in Nigeria: Examining the Roles of Banks, Telcos and Fintech.

L-R: Head of Products & Innovation, 9PSB, Akeem Salam; CEO, Parthian Partners, Oluseye Olusoga; Co-Founder, Maplerad, Obinna Chukwujioke; Group Head Product& Innovation/Portfolio Manager, Interswitch Purepay- Payment and Switching Business, Olufemi Davies and CEO, Clane, Oladipo Alabede, during a panel session at the Nigeria Fintech Forum held in Lagos.
The Ag. Head of Business Development and Strategy, 9PSB, Mr. Akeem Salam, while delivering the keynote address on behalf of the Managing Director/ CEO of 9PSB, Branka Mracajac, noted that as an enabler, 9PSB provides products and services via robust and scalable APIs for Fintechs to innovate and scale up in a cost-effective manner.
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 and offline banking experience. For more information visit: www.9psb.com.ng
Highlighting the fintech payment solutions offerings of the bank, Akeem said: “9PSB is a fully digital bank and as such, we leverage digital platforms to provide payment solutions like the Wallet-as-a-Service (WaaS) and Virtual Account which allows for payments with bank transfer for merchant collections, as well as our Payout with 9PSB service, to mention a few.”

IMG_7890 L-R: Head of Products & Innovation, 9PSB, Akeem Salam; CEO, Parthian Partners, Oluseye Olusoga; Co-Founder, Maplerad, Obinna Chukwujioke; Group Head Product& Innovation/Portfolio Manager, Interswitch Purepay- Payment and Switching Business, Olufemi Davies; CEO, Clane, Oladipo Alabede; CEO, aYo Nigeria, Kayode Odeyola and Head of Growth & Marketing, Anchor, Esther Ahaiwe, during the Nigeria Fintech Forum held in Lagos.
Speaking on the bank’s contribution to the Nigerian fintech ecosystem, Akeem who also doubles as the Head of Products and Innovation at 9PSB, stated that: “At 9PSB, we co-create new products and services with Fintechs to close product/feature gaps. Apart from driving financial literacy amongst the unbanked and the underbanked, we share ideas and compare notes to remain up-to-date with the payment and regulatory trends. We also collaborate with other Fintechs to open new markets and further deepen financial inclusion, which is our primary mandate.”
During the executive masterclass session, Head of Sales and Distribution, 9PSB, Kunle Isiaka, spoke on the race towards the future of digital payments, He said, “At 9PSB, we leverage different digital platforms that enable our clients achieve seamless digital payments easily for themselves and their customers. Our Agent network – Agent Bank9ja – is resilient and equipped with the right tools, technical know-how and capability to achieve and deliver efficient products and services, most especially to the unbanked and underbanked segments.”
He called on the participants to collaborate in providing seamless payment experiences for their customers at affordable rates.
“We leverage Banking-as-a-Service (BaaS) and Wallet-as-a-Service (WaaS) to drive innovations for financial inclusion. Some benefits of the Wallet-as-a-Service are that it supports all channels and guarantees instant settlement and revenue assurance, in addition to providing a robust reporting capability, regulatory compliance and webhook notification”, he added.
The Nigeria Fintech Forum is an annual event that provides a veritable platform for industry players to converge to address critical issues in the African Fintech ecosystem while uncovering countless opportunities in the fintech space.
News
Landlord Arraigned For Setting Tenant’s Property On Fire
An 18-year-old landlord, Similoluwa Akande, has been arraigned before an Akungba-Akoko Magistrate’s Court in Ondo State for allegedly setting fire to a tenant’s belongings valued at N898,000.
Akande was docked on a four-count charge bordering on felony following the incident, which reportedly occurred on August 19, 2026, at Okusa in Akungba-Akoko.
According to the police prosecutor, Olasunkanmi Boboye, the defendant allegedly set ablaze property belonging to his tenant, Aseluwa Ezekiel.
The items destroyed included a bed, bed frame, clothes, carpet, gas cylinder, travelling box, shoes, curtains, rods and cash.
The prosecutor told the court that the burnt items were valued at N898,000, while some official documents were also reportedly destroyed in the fire.
Boboye said the alleged offences contravened Section 249(D) of the Criminal Code, Cap. 37, Vol. 1, Laws of Ondo State of Nigeria, 2006.
The defendant pleaded not guilty to the charges when they were read to him.
He was not represented by legal counsel and informed the court that he had health challenges.
Presiding Magistrate Kolapo Kolawole granted the defendant bail in the sum of N500,000 and adjourned the matter until September 9, 2026, for hearing.
News
Stop Giving Motorcycles As Palliatives, Defence Minister Tells Governors
The Minister of Defence, Gen. Christopher Musa (retd.), on Thursday said terrorists are using motorcycles given to Nigerians as palliatives to wreak havoc across the country.
He, however, advised the state governors and lawmakers to stop giving motorcycles as palliatives, arguing that some of the motorcycles eventually end up in the hands of terrorists to facilitate and enhance their nefarious activities.
Musa, who stated this when he appeared on Channels Television’s Politics Today, said efforts are being made to curb terrorism and the operational challenges confronting the country’s security forces.
“We try to appeal to even governors to stop giving motorcycles out as palliatives. Because these motorcycles are the same ones that still end up with these terrorist
“Even if you have to give, don’t give them the big capacity motorcycles; give them the small capacity ones that they won’t be able to use to run around, because that gives them leverage. They can easily enter and then disappear,” he said.
The minister also warned that motorcycles distributed through constituency projects and other palliative programmes by lawmakers could find their way back to bandits and terrorists.
“Those bikes… before you know it, they’re already back to the bandits, and that’s what they’re using. So we must stop that,” he said.
According to him, security agencies had identified illegal markets and motor parks as channels through which terrorists move arms and ammunition into areas where they operate.
“What we realise from experience is they establish illegal markets or illicit motor parks. They go to those motor parks; that’s where they move arms and ammunition into those areas,” he added.
The defence minister also called for greater involvement of local governments in tackling insecurity, saying their proximity to communities gives them an advantage in identifying criminals and preventing crime.
“We must allow our local governments to work. Failure of local government is what is aggravating what we’re dealing with, and if we want a better solution, a quick fix, our local governments must work.
“Crime and development are local. If every local government chairman is dealing with criminals within his locality, it’s easier to manage them than leaving it to the state or to the federal,” he said.
Musa said local government chairmen should hold regular security meetings and report developments in their areas.
He further urged state and local authorities to strengthen monitoring of markets, motor parks and other locations through which drugs, weapons and ammunition could be moved.
“If we’re able to make sure that we man all the markets, all the motor parks, all these areas where drugs, weapons, ammunition move, it will make it difficult for them,” he added.
News
About 50 Inmates Have Been On Awaiting Trial For 10 Years In Akwa Ibom –Report
At least 49 inmates at the Medium Security Correctional Centre in Eket, Akwa Ibom State, have reportedly spent more than a decade awaiting trial, exposing the human cost of prolonged detention and delays in Nigeria’s criminal justice system.
Sources inside the facility disclosed the figure during an inspection of the centre on September 2, 2026.
According to the sources, some of the inmates have spent more than 10 years in custody without their cases being concluded, while others allegedly face difficulties because their case files are unavailable.
Some inmates were reportedly arrested over relatively minor offences, while sources also alleged that others were detained in connection with activism.
The prolonged detention means that people who have not been convicted of the offences for which they were arrested have spent years behind bars.
The situation is particularly troubling because the Nigerian Constitution guarantees the right to a fair hearing within a reasonable time.
The problem is not entirely new at Eket.
In 2023, the Akwa Ibom Chief Judge released six inmates from the facility after finding that they had spent between two and three years in custody without case files to charge them to court.
In March 2026, another eight inmates were released from Eket during a jail-delivery exercise conducted by the state Chief Judge, with the judiciary citing compassionate grounds and want of prosecution.
The Chief Judge has repeatedly raised concerns about prolonged detention.
In March, Justice Ekaete Fabian-Obot said it was unconstitutional to keep suspects in custody for prolonged periods without trial.
The problem is compounded by the centre’s transportation crisis.
Transport
The Officer-in-Charge, Chief Superintendent of Corrections Samuel Bassey, recently said over 40 awaiting-trial inmates were unable to attend court because the centre had no functional vehicles.
The revelation was made on Tuesday, September 1, when a forum of Eket Federal Constituency media professionals (EFCMP), led by its Chairman, Comrade Enobong Nsimah, visited the facility to assess its condition and explore ways of providing pro bono legal assistance to inmates without legal representation.
Akwa
He said some inmates transferred to the facility from Nsit Ubium Local Government Area as far back as 2023 had never appeared in court because of the transportation problem.
“About 46 inmates are unable to appear in court. It is difficult to take the inmates to court without having operational vehicles,” Bassey said.
According to him, more than 40 inmates on the awaiting-trial list have remained at the centre because there is no functional escort van or other vehicle to transport them to court. He also disclosed that the roofs of the sections housing inmates had deteriorated badly and leaked heavily whenever it rained, leaving the inmates soaked.
In 2025, the Chief Judge released inmates across the state’s correctional facilities on grounds including excessive remand periods, lack of diligent prosecution, missing case files, health conditions and compassionate considerations. The judiciary said some inmates had already spent longer in custody than the maximum sentence they might have received if convicted.
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