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OPay issues legal warning over false claims of indefinite shutdown

The fintech company demands a retraction from a user spreading misinformation.

NigerianNewsFeed NewsDesk
By NigerianNewsFeed NewsDesk Admin
@nigerianewsfeed · · 3 min read
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OPay issues legal warning over false claims of indefinite shutdown
OPay threatens legal action against X user over false shutdown claim Photo: OpayImages — Photo: Legit

OPay Digital Services Limited has taken a firm stance against misinformation by issuing a legal warning to a user on X, following a viral post that falsely claimed the company would be going on an indefinite break. The post, shared by a user identified as Cute Hafserh (@haifah_er_abba) on August 30, 2026, urged customers to withdraw their funds, prompting a swift response from OPay's legal team.

In the demand letter sent to Hafserh, OPay's Chief Legal Counsel characterized the claims as both false and defamatory. The company is seeking a retraction of the statement, a formal apology, and the removal of the post by 11:59 PM WAT on August 31, 2026. OPay has made it clear that failure to comply could result in legal action against the user.

The fintech sector in Nigeria has been rapidly growing, and misinformation can significantly impact customer trust and company operations. OPay, which has established itself as a key player in the digital payment landscape, is taking steps to protect its reputation and reassure its customers of its ongoing operations.

As the situation unfolds, OPay is emphasizing the importance of accurate information and is urging its customers to disregard any unfounded claims regarding the company's status. The legal action reflects the company's commitment to maintaining transparency and trust in its services.

This incident highlights the broader challenges faced by fintech companies in managing their public image in the age of social media, where misinformation can spread quickly and have serious consequences. OPay's proactive approach in addressing this issue may serve as a precedent for other companies in the industry facing similar challenges.

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