Reporting by Daily Post indicates that digital payment firm OPay has firmly dismissed viral rumors claiming it would shut down operations and suspend financial services starting September 1, 2026. The financial technology firm clarified that the circulated shutdown notices were fabricated by unauthorized entities seeking to induce panic among depositors.
The management reassured its vast customer base across Nigeria that its infrastructure remains fully operational, stable, and secure. Company representatives highlighted that all transactions, deposits, and withdrawal services are running smoothly without any technical or administrative interruption.
In response to the viral misinterpretation, the fintech firm urged account holders to rely strictly on verified social media handles and official communication platforms for accurate operational updates, pointing out several visual red flags embedded in the viral online graphic.
Validation from *Business Post* noted that “the organisation has quelled the rumour, assuring depositors that it has no intention of quitting the business at any time.” Additionally, *TVC News* reported statement quotes confirming that “OPay is not going on break by September; we are here, and we are going nowhere!”
Echotitbits take:
Financial markets rely heavily on consumer confidence, making digital banking platforms vulnerable to malicious misinformation campaigns. Regulators like the Central Bank of Nigeria (CBN) and security agencies must step up measures to track and prosecute actors behind coordinated digital bank runs to ensure overall sector stability.
Source: This Day Live – https://www.thisdaylive.com/2026/08/30/opay-dismisses-viral-shutdown-rumour-warns-against-fake-publication/, September 1, 2026
Photo credit: Legit.ng
