OPAY SEEKS DSS, POLICE PROBE INTO SHUTDOWN RUMOUR

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By; Sunmola Ganiyat

Fintech company OPay has called for an investigation by the Department of State Services and the Nigeria Police Force into the circulation of false reports claiming that it plans to shut down its operations in Nigeria.

OPay’s Chief Legal Counsel, Akinfolabi Rokosu, disclosed this on Wednesday at a press conference organised by the company and broadcast on its YouTube channel.

Rokosu said the DSS and police were among the security agencies investigating the origin and spread of the information, adding that OPay had provided relevant evidence to assist authorities in identifying those behind the rumour.

He said the company was taking legal steps against individuals responsible for creating and circulating what it described as harmful and misleading information.

Rokosu warned that anyone found deliberately spreading similar false information would face legal consequences.

“This is not about silencing anyone. OPay is not going to be silenced,” he said.

Also speaking, OPay’s Chief Operating Officer and Chief Technical Officer, Dotun Adekunle, reassured customers that the company remained fully operational and had no plans to leave the Nigerian market.

He said, “OPay is here, OPay is operating, and OPay is going nowhere.”

Adekunle dismissed the viral shutdown notice as fake, noting that it did not originate from OPay or represent any decision by the company.

He pointed out that the false notice had claimed OPay would cease operations from September 1, 2026, yet the company remained operational on September 2.

The executive urged customers to verify information before taking financial decisions based on messages shared on social media and messaging platforms.

He warned that fraudulent messages could be designed to look official through the use of copied logos and professionally formatted documents, stressing that widespread circulation did not make false information credible.

The controversy followed a viral notice circulated on Sunday claiming that OPay would suspend its Nigerian operations from September 1 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 verified communication channels for official updates.

The fintech company had also, on Monday, asked an X user, @haifah-er-abba, to retract a post concerning the alleged shutdown and issue an apology.