On the occasion of its fourth anniversary, 9 Payment Service Bank (9PSB) has reinvigorated its commitment to promoting financial inclusion and literacy by organizing a series of educational sessions and contributing 10,000 branded exercise books to schools nationwide. This initiative highlights the bank’s dedication to enhancing financial education among young people, thereby aiming to equip them with the necessary skills to navigate their financial futures effectively. Among the beneficiaries of this generous donation are several prominent institutions, including Crown Jewel College in Lagos, LEA Primary School in Abuja, Kano Capital School in Kano, and Shokwari Junior Secondary School in Maiduguri, Borno State.
During the donation ceremony held at Crown Jewel College, Branka Mracajac, the Managing Director and Chief Executive Officer of 9PSB, emphasized the importance of the initiative in adding societal value. Mracajac stated that the bank is committed to enhancing financial knowledge, skills in money management, and overall academic preparedness for students. According to her, financial literacy is at the heart of the bank’s mission, as it is fundamental to fostering financial inclusion across Nigeria. The distribution of educational resources and the organization of financial literacy sessions are aimed at empowering students to make informed financial decisions, particularly in today’s increasingly digital economy.
The Principal of Crown Jewel College, Remilekun Fadeyi, expressed sincere gratitude for 9PSB’s generous contributions, noting that such efforts significantly enhance the learning experience for students. The exercise books, along with the financial literacy sessions, serve as vital tools in helping students develop a better understanding of managing their finances. These initiatives address a crucial need among young people for education that extends beyond traditional academics, incorporating essential life skills such as prudent financial decision-making.
Furthermore, 9PSB’s campaign is framed within a broader strategy for Corporate Social Responsibility (CSR). This emphasizes the bank’s commitment not only to driving business success but also to making a positive impact on the communities in which it operates. The initiative aims to bridge the financial inclusion gap, especially in underserved communities that often lack access to critical resources and financial education. By targeting educational institutions, 9PSB strives to create a ripple effect that could lead to increased financial awareness and responsibility among the younger generation across Nigeria.
In addition to its educational initiatives, 9PSB, in partnership with RoutePay, has urged micro, small, and medium enterprises (MSMEs) in Nigeria to leverage digital financial solutions as a means to enhance operations and profitability. This advocacy reinforces the bank’s mission of fostering financial literacy not just among students but also within the larger business community. By encouraging the use of digital financial tools, 9PSB believes that MSMEs can significantly improve their operational efficiency and financial health.
In conclusion, 9PSB’s fourth anniversary celebrations have been marked by initiatives that underscore its commitment to financial inclusion and literacy. Through the donation of exercise books and the organization of financial literacy sessions, the bank aims to provide essential knowledge and skills to students, thereby contributing to their academic and personal growth. The broader context of this initiative lies within a strategy to positively impact underserved communities and bolster the Nigerian economy by encouraging MSMEs to adopt digital financial solutions. As 9PSB continues its journey, it remains steadfast in its mission to empower individuals and businesses alike, driving forward financial inclusivity in Nigeria.
