Connect with us

Banking

OPay Denies NRS Office Sealing Reports, Confirms Operations

Published

on

OPay

OPay dismisses reports of NRS sealing its Lagos and Abuja offices, confirming full operations and compliance with Nigeria’s tax regulations

OPay Digital Services Limited has dismissed claims that its offices in Lagos and Abuja were sealed by the Nigeria Revenue Service over alleged tax non-compliance, describing the reports as false and misleading.

Advertisement

Also read: Felix Agu Back in Werder Bremen Training After Injury

The company said in a statement on Thursday that its offices remain open and fully operational, serving customers, partners, and merchants without interruption.

“Our attention has been drawn to recent reports claiming that our offices in Lagos and Abuja were sealed by the NRS over alleged non-compliance with VAT and Company Income Tax under the Nigeria Tax Act 2025,” OPay said.

The fintech firm clarified that the notice cited in the reports stemmed from an industry-wide directive requiring payment platforms to display certain statutory charges separately for reconciliation and transparency. The directive was not targeted at OPay alone.

Advertisement

“This administrative clarification affects multiple operators across the industry, not OPay alone. The suggestion that the notice indicates non-payment of taxes is factually incorrect and misleading,” the statement added.

OPay also criticised what it described as selective targeting in the media, saying the coverage appeared designed to damage the company’s reputation despite its strong record of compliance and cooperation with regulators.

The company reaffirmed its commitment to Nigeria’s digital economy, offering secure, reliable, and inclusive financial services to millions nationwide.

Advertisement

Also read: Felix Agu Back in Werder Bremen Training After Injury

“For the avoidance of doubt, the information circulating online suggesting that OPay is shutting down or that our offices have been closed should be disregarded,” the company concluded.

Advertisement
Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published.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

Banking

UBA Foundation Partners Slum2School to Boost Financial Literacy Among Pupils

Published

on

UBA

UBA Foundation Financial Literacy initiative equips underserved children with money management skills through its partnership with Slum2School Africa

(more…)

Advertisement
Continue Reading

Trending