OPay has dismissed a fake notice circulating on social media and messaging platforms that claimed the fintech company would suspend all operations from September 1, 2026. The fraudulent message, presented as an "Official Note" from OPay Digital Services Limited, told customers that the company would go on a "long indefinite break" and stop attending to transactions and account-related services until further notice.
The viral notice urged customers to withdraw their funds "as soon as possible" to avoid inconvenience, causing anxiety among some users who moved quickly to empty their accounts. In response, OPay issued an official statement through its verified X account, calling the notice false and doctored to deceive Nigerians.
OPay Rejects the Viral Claim
OPay's statement on X read: "This is false. OPay is not going on break by September. We are here, and we are going nowhere!" The fintech firm confirmed that its offices across Nigeria, including those in Lagos and Abuja, remain open and fully functional. It added that customers, merchants, and partners continue to access all services without any disruption.
OPay also urged the public to rely only on its official communication channels when seeking information about the company. The company's response comes after the fake notice spread rapidly, prompting concern among its customer base.
A Pattern of False Claims Against OPay
This is not the first time OPay has had to publicly deny false shutdown rumours. In March 2026, reports emerged claiming that OPay offices had been sealed by the Nigeria Revenue Service over alleged tax issues. The company denied this, explaining that the matter related to an industry-wide directive on displaying certain statutory charges and did not amount to a shutdown.
In 2024, a WhatsApp message claimed OPay was exiting the Nigerian market and advised customers to withdraw their money. Independent fact-checkers investigated and confirmed the claim was false after OPay denied any plans to leave Nigeria, according to The Sun. As recently as November 2025, the company again had to reassure customers that their accounts and deposits remained safe, intact, and accessible after fresh rumours about a shutdown circulated online.
Why Customers Should Be Cautious
The repeated spread of false claims about OPay underlines how quickly financial misinformation can travel online. Messages that push customers to urgently move or withdraw money can create unnecessary panic and may expose users to fraud from individuals posing as bank or platform representatives offering help.
Anyone who receives a message announcing a sudden shutdown or urging an immediate transfer of funds should verify the information directly through OPay's official channels before taking any action.
OPay Eyes NGX Listing
Earlier, Legit.ng reported that OPay, one of Nigeria's largest fintech companies, is weighing a share listing on the Nigerian Exchange (NGX) that would give domestic investors direct access to its business for the first time, according to people familiar with the matter. The planned NGX listing is expected to be announced formally in the near future.
It runs alongside separate preparations for a potential initial public offering in the United States, where the company is targeting a valuation of roughly $4 billion. It is not yet clear whether both listings would happen at the same time or whether OPay would pursue a dual-listing arrangement with the NGX following the US offering.
