OPay Dismisses Shutdown Rumors, Assures Customer Safety

OPay has issued a statement dismissing rumors circulating on social media regarding a potential shutdown of its operations. The company described these claims as false, malicious, and fabricated.

In a communication to its customers on Monday, OPay clarified that reports alleging that customer accounts had been wiped out and deposits lost were misleading. The fintech firm assured its customers that all accounts and deposits remain safe, intact, and fully accessible.

OPay highlighted its status as a licensed institution regulated by the Central Bank of Nigeria (CBN) and noted that customer deposits are insured by the Nigeria Deposit Insurance Corporation (NDIC). The company urged customers to disregard unverified claims and to rely on updates from its official website and verified social media platforms.

Furthermore, OPay warned individuals spreading false information that it would pursue legal action against those responsible for the rumors. The firm reiterated its commitment to maintaining high standards of security, transparency, and customer protection.