OPay debunks shutdown rumour, moves against perpetrators

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OPay has dismissed reports circulating on social media that it would suspend or discontinue operations in Nigeria, assuring customers, merchants and other stakeholders that its services remain fully operational.

The fintech company gave the assurance at a Live Town Hall in Lagos on Wednesday, convened to address misinformation claiming that OPay would stop operating from September 1.

Chief Operating Officer and Chief Technology Officer, OPay, Dotun Adekunle, described the reports as false and said the company continued to operate normally after the date mentioned in the messages.

“OPay is here, OPay is operating, and OPay is going nowhere,” Adekunle said, adding that there was “no decision by OPay to shut down its operations in Nigeria, and there is no indefinite leave.”

He said the Central Bank of Nigeria had also acknowledged the reports as fake news, urging customers and merchants to rely on OPay’s official communication channels before acting on information circulated online.

Beyond the clarification, OPay said it had commenced steps to hold those allegedly responsible for the false reports accountable.

Chief Legal Counsel, Akinfolabi Rokosu, said the company was pursuing legal action against individuals allegedly involved in creating and circulating the misinformation.

“OPay is taking legal action against those responsible for deliberately creating and circulating this false information. We will pursue them and ensure that the law takes its full course. There will be no impunity,” Rokosu said.

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