OPay, a Nigerian fintech company, has joined forces with the Department of State Services (DSS) and the Nigeria Police Force to investigate a viral rumor suggesting the company is shutting down its operations in the country. The false information, which circulated on social media, has prompted OPay to take action in collaboration with government agencies.
Akinfolabi Rokosu, OPay’s Chief Legal Counsel, confirmed the company’s efforts to address the misinformation during a press conference. The rumor, which claimed OPay was ceasing operations, has caused confusion among users and raised concerns about the reliability of financial services.
The DSS and police are conducting an investigation to identify the source of the false claims. Authorities have emphasized the need to combat misinformation that could undermine public trust in digital financial services. OPay has assured stakeholders that it remains operational and committed to serving its customers.
The collaboration highlights the growing importance of public-private partnerships in addressing online misinformation in Nigeria. The outcome of the investigation is expected to provide clarity on the validity of the claims and reinforce the stability of the fintech sector.
