9 Payment Service Bank (9PSB), Nigeria’s first payment service bank, has celebrated its 5th anniversary with a commemorative event held at the bank’s headquarters in Lagos on November 24th, 2025.
The celebration was anchored on the bank’s five-year journey of excellence, growth, and innovation in the Nigerian payment landscape. The event kicked off with a town hall meeting where the bank’s board charged management and staff to continue striving for excellence.
In his address, Paul T Oki, Board Chairman, 9PSB reaffirmed the bank’s bold vision, applauded the resilience and dedication of its people, and emphasized the need for greater innovation, collaboration, and customer-focused growth as 9PSB enters its next chapter.
He said “Today, we stand as a testament to what determination, innovation, and unity of purpose can achieve. Let this anniversary not only remind us of how far we have come but also inspire us to aim higher—to pioneer new possibilities, transform more lives, and extend the impact of our mission. The next phase of our growth will demand even greater innovation, stronger collaboration, and a deeper focus on customer experience and financial inclusion.”
The town hall meeting set the tone for the day, which culminated in a full celebration filled with employee engagement and recognition of the bank’s milestones.
Speaking at the event, Ag. Chief Executive Officer, Osa Odiase, said the 5th anniversary celebration highlighted 9PSB’s remarkable journey of innovation, resilience, and impact in simplifying digital payments, driving financial inclusion and empowering every Nigerian.
He said, “In just five years, we have built a robust network of partners and agents across the country. We have enabled thousands of Nigerians to access essential financial services with ease. We have equally developed innovative digital payment solutions and fostered growth and profitability for our partners. As we celebrate this important milestone, we also look ahead to the future. The next chapter for 9PSB will be defined by deeper impact and greater innovation.”
Since its inception, 9PSB has remained committed to building enduring partnerships and expanding its reach across the country, building a story of innovation, resilience, and impact. Today, the bank boasts over 250 B2B partners, 5,000 agents, 80,000 individual customers, 600 corporate customers, and over 10 million virtual accounts all riding on its rails.
9PSB has also championed financial literacy through its Corporate Social Responsibility (CSR) initiatives by organising training sessions in secondary schools and youth camps to help young Nigerians build money management skills, as well as donating a large number of educational materials to students across Lagos, Abuja, Kano, and Maiduguri.
The anniversary event highlighted the bank’s achievements in driving financial inclusion, especially for the underserved and unbanked communities.
During the event, 9PSB specially honoured long-serving staff members, celebrating their dedication, loyalty and invaluable contributions that have been instrumental in driving the bank’s growth, innovation, and success over the past five years.
Founded on November 23, 2020, 9PSB has grown steadily into a trusted financial partner for Nigerians, establishing itself as a key enabler of digital payments and inclusive financial services.
9PSB remains committed to transforming how individuals and businesses access financial services, delivering secure, seamless, and technology-driven digital payment solutions across the country.
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