Fintech company OPay has confirmed that it remains fully operational in Nigeria, while the Department of State Services (DSS) and the Nigeria Police Force investigate false reports claiming the company was shutting down its operations.
OPay’s Chief Legal Counsel, Akinfolabi Rokosu, disclosed this on Wednesday during a press conference organised by the company and aired on its YouTube channel.
Rokosu said the DSS and police were among the law enforcement agencies investigating the circulation of the false information, adding that OPay had provided evidence to help identify those responsible.
“While the DSS and the Nigeria Police, among the relevant law enforcement agencies, are currently and intensively investigating this matter, we are fully cooperating with the ongoing investigations and have provided the necessary evidence to identify those responsible,” he said.
He added that OPay was taking legal action against those who created and circulated the information, warning that anyone involved in similar conduct could face legal consequences.
“OPay is not going to be silenced,” Rokosu said.
Also speaking, OPay’s Chief Operating Officer and Chief Technical Officer, Dotun Adekunle, assured customers that the company had no plans to leave Nigeria.
“OPay is here, OPay is operating, and OPay is going nowhere,” Adekunle said.
He described the message circulating online as false, stressing that it did not originate from OPay and that there had been no decision to shut down its Nigerian operations or place the company on an indefinite leave.
Adekunle noted that the viral notice had claimed OPay would shut down on September 1, but said the company was still operating on September 2.
He urged customers not to make financial decisions based on unverified messages shared on social media or messaging platforms.
According to him, official-looking documents and logos can be copied and circulated, but their appearance does not make them authentic.
“A message can look official and still be completely false. A logo can be copied, a document can be designed to look convincing, and a message can be shared thousands of times without becoming true,” he said.
The development followed a viral notice circulated on Sunday claiming that OPay would suspend operations from September 1, 2026, and advising customers to withdraw their funds to avoid losing access to their accounts.
OPay had earlier dismissed the notice as false and urged customers to rely on its official communication channels for accurate updates.
Source: OPay
