OPay Denies Office Closure Over Tax Compliance Issues

OPay, a fintech company, has issued a statement denying reports that it is closing its offices over alleged tax compliance issues. The company clarified that it continues to operate fully across Nigeria and is committed to providing services to its customers, partners, and merchants without any disruption.

The reports suggested that OPay's premises were shut down due to non-compliance with the Value Added Tax and Income Tax provisions under the Nigeria Tax Act 2025. However, OPay stated that it remains compliant with all tax obligations and regulatory requirements in Nigeria, maintaining transparency and engaging with relevant government agencies.

The company expressed concern over the misleading nature of the reports, which it claims incorrectly suggest non-payment of taxes. OPay urged the public to disregard these claims and reaffirmed its commitment to supporting Nigeria's digital economy by providing secure and reliable financial services to millions of users nationwide.