Home Business Money Your Money Safe With Us, Opay Reassures Customers
Money

Your Money Safe With Us, Opay Reassures Customers

Share
Share

BY NKECHI NAECHE-ESEZOBOR-– Following Central Bank Nigeria , CBN, directive to halt further registration of new customers, Opay, one of the financial services providers in Nigeria, has reassured its customers that their funds are safe with the bank

It disclosed this through a statement posted on its official X account that “Opay remains committed to working closely with the Central Bank of Nigeria (CBN) and other regulatory bodies to fight money laundering, fraud, terrorism financing, and other illegal financial activities.

“As a regulatory-compliant institution, OPay follows the rules set by the CBN and other regulators to ensure the financial system’s integrity. To achieve this, we have closed non-compliant accounts, implemented strict security measures, and educated customers to help combat fraud.

“To support government efforts to clean up the financial industry, Opay and other Fintechs companies have temporarily paused onboarding new customers and creating new wallets. This action reflects our commitment to a secure financial environment and fighting against illicit activities.

“Please note that existing accounts and wallets remain unaffected by the CBN’s directive. We want to assure our customers that their funds are secure, their data is protected, and this is a temporary measure.

“Customer satisfaction is our top priority, and we are committed to promoting financial inclusion and economic growth as key players in Nigeria’s financial ecosystem.”

Share
Related Articles

Sanwo-Olu Signs ₦4.4 Trillion Lagos Budget into Law

BY OLAFINKE AKINJIDE—Lagos State’s 2026 Budget of Shared Prosperity is now a...

FCMB Secures National Banking Licence, Targets International Status

FCMB Group Plc has secured a national banking licence for its flagship...

Nigeria’s CPI Shows Moderation as Inflation Falls to 15.15%

BY GABRIEL MICHEAL—Nigeria’s headline inflation eased to 15.15 per cent in December...

Budget Office Clarifies NEDC Allocation, Dismisses ₦246bn Salary Claims

Budget Office Corrects False Narrative on NEDC Allocation The Budget Office of...