Sunday, August 30, 2026
  • Login
No Result
View All Result
The Business Times
  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports
  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports
No Result
View All Result
The Business Times
No Result
View All Result
Home Banking

OPay Dismisses Viral Shutdown Rumour, Warns Customers

byStephen Abebor
August 30, 2026
in Banking, News, Tech
0
OPay Dismisses Viral Shutdown Rumour, Warns Customers
6
VIEWS
Share on FacebookShare on Twitter

Opay reaffirms commitment to Nigerian customers as false September 1, 2026 shutdown claim circulates online

OPay Digital Services has dismissed as false and malicious a viral social media publication claiming that the fintech would suspend operations from September 1, 2026, and urging customers to withdraw or transfer their funds.

The fabricated message circulated across social media on Sunday, August 30, 2026, and purportedly warned OPay customers that the company would shut down its operations for an extended period beginning September 1, 2026.

OPay, however, said the claim was false and urged customers to disregard the publication.

In a statement shared through its verified social media platforms on Sunday, August 30, 2026, the company wrote: “OPay is not going on break by September. We’re here, and we’re going nowhere!”

The fintech urged customers and members of the public to scrutinise viral messages and rely only on its verified communication channels for authentic information.

“True OPay users know how to identify our official communications. Take a closer look at the viral post and you’ll spot the red flags. Always verify before you share. Filter the noise!” the company stated, ending the message with the hashtag #OPayIsOkay.

Vice-President, Public and Government Affairs, OPay Digital Services, Dr. Maxwell Loko, separately described the publication as “false, malicious and misleading.”

“This post is false, malicious and misleading. OPay is not shutting down, and customers should not be misled into withdrawing their funds based on fabricated information,” Loko said.

He urged members of the public to disregard the publication and rely exclusively on OPay’s verified platforms for official announcements.

Loko also warned that deliberate attempts to spread false information capable of causing panic or undermining confidence in a financial institution could have legal consequences.

“The deliberate spread of false information designed to cause panic or undermine confidence in a financial institution is a serious matter and may have legal consequences,” he said.

The clarification comes amid concerns over the spread of fabricated digital content that could trigger unnecessary panic among customers of financial institutions.

OPay advised customers to verify claims about its services or operations through its authenticated communication channels before taking any action.

The company reaffirmed that it remains fully operational and has no planned shutdown or prolonged break beginning September 1, 2026.

Tags: digital paymentsfake newsFinancial TechnologyFintechNigerian FintechOpayOPay NigeriaSeptember 2026shutdown rumour
Stephen Abebor

Stephen Abebor

Next Post
Transmission Outages Cut Power Allocations to Lagos, Abuja, North — NISO

Transmission Outages Cut Power Allocations to Lagos, Abuja, North — NISO

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

Why Art Matters for Economic Growth in Nigeria

4 months ago
FAAN, Lagos Government Intensify Ebola Surveillance at Airport

FAAN, Lagos Government Intensify Ebola Surveillance at Airport

3 months ago

Popular News

  • CPPE Urges NMDPRA to Curb Fuel Imports, Citing 233% Surge and Risks to Local Refining

    CPPE Urges NMDPRA to Curb Fuel Imports, Citing 233% Surge and Risks to Local Refining

    0 shares
    Share 0 Tweet 0
  • Transmission Outages Cut Power Allocations to Lagos, Abuja, North — NISO

    0 shares
    Share 0 Tweet 0
  • OPay Dismisses Viral Shutdown Rumour, Warns Customers

    0 shares
    Share 0 Tweet 0
  • NUPRC Registers 172 Host Community Trusts

    0 shares
    Share 0 Tweet 0
  • Navy Dismantles Illegal Refineries, Recovers 34,000 Litres of Diesel

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Twitter Instagram TikTok

Newsletter

Pages

  • About Page
  • Contact
  • Domestic Gas Sales Rise 30% as Nigeria’s Energy Reforms Gain Traction
  • Privacy Policy
  • Terms & Conditions

Navigation

  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports

© 2025 The Business Times NG .

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
  • BT Exclusive
  • Economy
  • Business
  • Financial Markets
  • Politics
  • Energy
  • Insights
  • Sports

© 2025 The Business Times NG .