Stakeholders highlight OPay’s impact, slam misinformation
Stakeholders in Nigeria’s financial technology sector have highlighted OPay’s contributions to financial inclusion, education and the digital economy, while condemning the circulation of false information suggesting that the fintech company planned to discontinue its operations in Nigeria. The stakeholders spoke during a Live Town Hall organised by OPay in Lagos on Wednesday to address…
Stakeholders in Nigeria's fintech sector have praised OPay's contributions to financial inclusion and the digital economy, while denouncing false reports suggesting the company plans to shut down its Nigerian operations. At a Live Town Hall in Lagos, OPay's COO and CTO dismissed these claims, emphasizing the company's ongoing operations.
OPay's legal counsel announced legal action against those spreading misinformation. Industry experts warned that such false information can erode trust in the digital payments ecosystem, discouraging usage among individuals and businesses. OPay also highlighted its commitment to Nigerian society through a 10-year, N1.2 billion scholarship program benefiting students at several tertiary institutions.
The scholarship, coupled with support for academic excellence awards, underscores the company's dedication to long-term growth in Nigeria.
Written by urgent.news from Daily Trust's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
