OPay Denies Shutdown Claims Over NRS Notice

By Wellington Jopelo

OPay Digital Services Limited has dismissed reports claiming that its offices in Lagos and Abuja were sealed by the Nigeria Revenue Service over alleged tax issues.

The fintech company described the reports circulating online and on social media as false and misleading.

According to the company, its offices across Nigeria remain open and fully operational.

OPay said it continues to serve customers, merchants and partners without any disruption.

The company stated that it remains compliant with all tax obligations and regulatory requirements in Nigeria.

Management said it works closely with government agencies and regulators to ensure its operations meet all statutory standards.

The company explained that the notice mentioned in the reports was part of an industry-wide directive issued to payment platforms.

The directive asked operators to separately display certain statutory charges on their applications for transparency and easier reconciliation.

OPay noted that the directive affects multiple companies within the payment industry and was not directed at the firm alone.

It said suggestions that the notice indicates failure to pay taxes are factually incorrect.

The company also criticised what it described as selective reporting that singled it out in a matter affecting the entire industry.

According to the firm, such reports distort the facts and appear aimed at damaging its reputation.

OPay reaffirmed its commitment to compliance, transparency and cooperation with regulatory authorities.

The company added that it remains focused on supporting Nigeria’s digital economy through secure and inclusive financial services for millions of users nationwide.

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