OPay dismissed a viral social media post claiming it had stopped using customers' phone numbers as wallet account numbersThe fintech company warned that spreading false information about a financial institution could cause public panic and reputational harmOPay issued a 30-minute ultimatum to the author of the post, th…
…consumers with alternatives to traditional banking infrastructure,” the report stated. OPay dominated the individual banking and fintech applications examined, with its app found on 69 per cent of smartphones surveyed. PalmPay recorded 29 per cent penetration, while Moniepoint was also identified alongside OPay and Pal…
OPay has dismissed social media reports claiming it will shut down or suspend its Nigerian operationsThe fintech said its services remain fully operational and urged customers to rely on its official channels for accurate informationOPay reaffirmed its commitment to Nigeria and warned against spreading misinformation t…
…neighbourhoods. To back up his claim, he posted a payment receipt showing a successful OPay transaction for exactly N1,400,000.00, along with interior photographs of the empty flat. He confirmed he would be moving in during September 2026.PAY ATTENTION: From breaking news to viral moments. Follow Legit.ng on Instagram!…
OPay's legal team sent a formal demand letter to an X user who posted that the fintech company would go on a long, indefinite breakThe post, published on August 30, 2026, urged OPay customers to withdraw their funds — a claim OPay called false and defamatoryOPay's Chief Legal Counsel demanded a takedown, retraction, an…
Standard Bank considers stake in OPay ahead of its US IPO plans in the near futureOPay targets a $4 billion valuation, with expert bank advisors saying it may be one of the biggest fintech IPOs in AfricaInvestment reflects shifting dynamics between traditional banks and fintech companiesPAY ATTENTION: Mark Legit.ng as…
OPay is a Nigerian fintech company that offers financial services to the banked and unbanked. The mobile money operator is licensed by the Central Bank of Nigeria (CBN). Some financial services include mobile money transfers, savings, and bill payments. OPay bank has not sort code, but has a master USSD code *955# for…
The Bank Verification Number (BVN) is a unique identification system used by Nigerian banks to verify customers' identities and protect financial accounts. Since the BVN records personal information such as the registered date of birth, it is important to know how to access these details when needed. This guide explain…
Nigeria's broad money supply increased, showing that liquidity in the economy continued to grow despite the CBN's tight monetary policyThe increase was mainly driven by higher domestic assets, savings, and time deposits, while cash held outside the banking system declinedThe growth in money supply comes after the CBN r…
Digital lending apps in Nigeria face scrutiny over annual interest rates exceeding 300%, affecting vulnerable borrowersConsumers suffer from exploitative lending practices, trapped in cycles of recurring debt and hidden chargesCall for CBN to enforce interest rate caps and enhance consumer protections to safeguard low-…
…allowing users to access higher loan limits over time.OKashOKash is backed by OPay and disburses funds directly into users’ wallets, making it convenient for quick cash needs.QuickCheckQuickCheck uses AI-driven technology to process personal loan applications quickly, often within minutes.Aella CreditAella Credit is pa…
Financial technology giant, OPay, has pulled back the curtain on the complex engineering infrastructure driving its payment ecosystem, revealing a technical shift that has elevated transaction success rates to 99.9 per cent while slashing processing times to under one second. Speaking at a recent media engagement in La…
…8pm on Monday. "Imagine clearing business owner account and collecting loan from her opay and other digital account. "Both customers that paid for lingerie supplies everything gone .God Save us." by Linda Ikeji at 17/07/2026 1:43 PM | Share this Story
OPay has declared that the next phase of Africa’s fintech revolution will be driven by Artificial Intelligence (AI), arguing that the technology can do more than automate payments by expanding financial inclusion, fighting fraud and connecting millions of underserved people to the formal financial system. The fintech c…
…and due for payment, alongside emptying her bank account. Additionally, they used her OPay and FairMoney accounts to borrow 1.5 million naira each. According to the woman, she lost access to her accounts after the kidnappers seized her phone. Meanwhile, the post's comment section has been flooded with reactions from…
…doesn’t stop on the pitch. Through the Easywin World Cup Festival, in collaboration with OPay, football fans have even more reasons to stay involved as every knockout fixture creates fresh opportunities to compete for exciting rewards. Matches That Could Define The Week The knockout rounds have a way of creating unforg…
…race to build merchant infrastructure once dominated by fintechs such as Moniepoint, OPay, and PalmPay. After watching these fintechs turn their PoS networks into engines for payments and customer acquisition, lenders are now investing heavily in merchant businesses through their fintech subsidiaries to capture a large…
…banks. Most leading fintech firms in Nigeria, including privately held operators such as OPay, Moniepoint, Kuda and PalmPay, do not publish comprehensive annual financial statements for public consumption, although some periodically disclose key operational and financial milestones.
…be here I can't wait for the day there is no painMgbe m ga Enwe like 9 figures n'ime my OpayAll over me Ngozi Chukwu go dey PaaaWe go sing Halle HalleWe go sing Halle Halle I wonder when I'll be okI'm getting tired of this Hunger e don teyFinally, mgbe ga ga ga we sing Halle HalleWe sing Halle HalleWe sing Halle Halle…