9PSB, Lagos State Partner To Drive Financial Inclusion, Job Creation


9 Payment Service Bank (9PSB), a leading digital bank, has partnered with the Lagos State Employment Trust Fund (LSETF) to promote financial inclusion and job creation through comprehensive financial literacy and agent banking offering.

The partnership between 9PSB and LSETF is expected to run for two years, during which the joint efforts will drive digital literacy, job creation at the grassroots level, and overall financial inclusion for all residents of Lagos State.

Chief Executive Officer, 9PSB, Branka Mracajac, who disclosed this in a statement, said the collaboration with LSETF is a strategic partnership initiative aimed at providing top-notch financial literacy programmes to individuals and small businesses in Lagos state to help them understand and embrace financial inclusion better.

‘’Financial Inclusion is a key social objective for us in 9PSB, and we have always partnered with the Central Bank of Nigeria (CBN) and other key stakeholders in keeping with our mandate of providing easy access to financial services to the most underserved in society. In this partnership with LSETF, we aim to continue our empowerment of Nigeria’s youths, women and other vulnerable groups, using the bank’s agency banking offering which is a proven pathway to empowerment for the underserved in society. We hope this is the first of many such collaborations with government agencies across the Nation looking for development partners,’’ he said.

The Executive Secretary of LSETF, Tejumola Abisoye, emphasised that the partnership is designed to drive financial inclusion by empowering Lagos residents to grow and scale their micro, small, and medium enterprises.

Abisoye, who was represented by the Director of Programmes and Coordination, Omolara Adewumi, said participants will also gain essential skills through specialised training on 9PSB’s products and services across the Local Government Areas and Local Council Development Authorities (LCDAs).

She said LSETF is committed to creating sustainable job opportunities and facilitating access through impactful partnerships for the benefit of Lagos businesses and residents.

“LSETF is delighted to partner with 9PSB to fulfil our mandate of generating employment and entrepreneurship opportunities for Lagos residents. We are actively seeking additional strategic alliances to reduce unemployment and enhance the capacity of Lagos residents,” she stated.