OPay Denies Reports of Office Closure Over Tax Issues

OPay

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

In a statement released on Thursday, the fintech firm clarified that all its offices across Nigeria remain open and fully operational, stressing that its services to customers, merchants and business partners have not been disrupted.

Reports had earlier surfaced on social media alleging that the company’s Lagos and Abuja offices were shut by tax authorities for failing to comply with Value Added Tax and Company Income Tax requirements under the Nigeria Tax Act 2025.

However, OPay explained that the notice being referenced in the reports was linked to an industry-wide directive from the Nigeria Revenue Service asking payment platforms to clearly display certain statutory charges on their applications to improve transparency and reconciliation.

According to the company, the directive applies to several operators within the digital payment industry and was not specifically targeted at OPay.

“As a responsible financial technology company operating in Nigeria, we remain compliant with all applicable tax obligations and regulatory requirements,” the company stated, adding that it maintains transparent working relationships with government agencies and regulators.

Read Also;

Oil Revenue Showdown: Presidency Defends Tinubu’s Order as Legal Heavyweights Clash

OPay also criticised what it described as attempts to single out the company in reports about the directive, noting that the issue concerns the wider fintech industry rather than a single operator.

The firm warned that such claims could mislead the public and harm its reputation, stressing that suggestions of tax default or office closures are incorrect.

It urged the public to disregard the circulating information, reiterating that the company remains committed to supporting Nigeria’s growing digital economy by providing secure, reliable and inclusive financial services to millions of users across the country.

Leave a Reply

Your email address will not be published.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