OPay Digital Services Limited has debunked rumors circulating online that its offices in Lagos and Abuja were sealed by the Nigeria Revenue Service. The fintech company described the claims of tax evasion and forced closures as completely false and misleading.
Reports recently surfaced on social media platforms alleging that the NRS shut down OPay facilities due to non-compliance with Value Added Tax and Company Income Tax obligations under the newly enacted Nigeria Tax Act 2025.
In an official statement released on Thursday, OPay management clarified that all its branches are running normally.
“Our offices across Nigeria, including Lagos and Abuja, remain open and fully operational, and we continue to serve our customers, partners, and merchants without disruption,” the company stated.
The firm explained that the controversy stems from a recent industry-wide directive issued by the NRS. The revenue agency requested that payment platforms distinctly separate certain statutory charges on their applications to improve transparency and ease accounting reconciliation.
OPay emphasized that this administrative clarification affects multiple operators across the Nigerian payment sector, rather than being a penalty directed solely at their company.
“The suggestion that the notice indicates non-payment of taxes is therefore factually incorrect and misleading,” the statement read. “Equally troubling is the selective and deliberate singling out of OPay in a matter that concerns the wider industry.”
The fintech giant condemned the targeted reporting. The company suggested the rumors were a calculated attempt to damage the brand’s reputation, especially since OPay has consistently cooperated with regulators.
Management reaffirmed their commitment to strict regulatory compliance.
“As a responsible financial technology company operating in Nigeria, we are compliant with all applicable tax obligations and regulatory requirements,” OPay noted. “We work closely and transparently with all relevant government agencies and regulatory authorities to ensure that our operations consistently meet statutory standards.”
The company urged the public to disregard the shutdown rumors and assured its millions of users nationwide that its digital financial services will continue without any interruption.
