OPay To Shut Down Businesses In Nigeria Except Payments Platform

Nigeria’s Fintech startup, OPay has said it will shut down all its businesses in the country except its payments platform.

The company made this known in a statement on Thursday via its verified handle on Twitter.

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‘We can confirm that some of our business units including the ride-hailing services, ORide, OCar, as well as logistics service OExpress will be put on pause. This is largely due to the harsh business conditions which have affected many Nigerian companies, including ours, during this COVID-19 pandemic, the lockdown, the government ban,’’ the statement reads.

It will be recall that trouble started for the fintech startup when the Lagos State Government banned the operations of commercial motorcycles on most major roads in the state.

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