OPay Denies Reports of Office Closure Over Alleged Tax Issues

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

The reports, which circulated on social media and some online platforms, alleged that the tax authority sealed OPay’s offices for failing to comply with Value Added Tax and Company Income Tax obligations under the Nigeria Tax Act 2025.

However, in a statement released on Thursday, the fintech company clarified that its offices across the country remain open and fully operational. The company said it continues to serve customers, merchants and partners without any disruption.

According to OPay management, the circulating information misrepresents the situation and has caused unnecessary concern among users and stakeholders.

The company explained that the notice referenced in the reports was related to an industry wide directive issued by the Nigeria Revenue Service requesting payment platforms to clearly separate certain statutory charges on their applications. The directive was intended to improve transparency and make reconciliation processes easier across the digital payment sector.

OPay stressed that the directive affected several operators in the financial technology industry and was not targeted specifically at the company. It added that suggestions linking the notice to tax default or enforcement actions were factually incorrect.

The fintech firm also criticised what it described as selective reporting that singled out the company in an issue affecting the broader payment ecosystem. According to the company such claims could damage its reputation despite its consistent record of regulatory compliance.

OPay reaffirmed that it meets all applicable tax obligations and regulatory requirements in Nigeria. The company also noted that it maintains close cooperation with government agencies and regulatory authorities to ensure its operations comply with statutory standards.

It further assured customers that the rumours suggesting that the company is shutting down or that its offices have been sealed should be disregarded.

OPay said it remains committed to supporting Nigeria’s digital economy by providing secure reliable and inclusive financial services to millions of users nationwide.