• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Monday, June 2, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

OPay Prohibits Cryptocurrency, Virtual Assets Trading On Its Platform

by Royal Ibeh
12 months ago
in Business
OPay
Share on WhatsAppShare on FacebookShare on XTelegram

OPay, a leading financial technology company, has reaffirmed its strict prohibition of cryptocurrency and virtual asset trading on its platform. 

Advertisement

As a compliant organisation committed to upholding legal, constitutional, and regulatory duties, OPay said it prioritises the safety, strength, and integrity of the financial system.

CEO, OPay Nigeria, Mr. Gotring Wuritka Dauda, in a press statement, made available to LEADERSHIP said OPay does not permit trading in any form of cryptocurrency or virtual currency on its platform. 

Additionally, OPay accounts and wallets must not be used in connection with such activities. To ensure compliance with this directive, OPay conducts daily scans of its platform to detect any unauthorised cryptocurrency or virtual currency trading. Any account or wallet found in breach of this policy will be closed immediately, with details reported to the relevant regulatory authorities, he added.

For absolute clarity, Dauda affirmed that OPay has never condoned, nor will it permit, the trading of cryptocurrency or virtual assets on its platform.

RELATED

Forum Salutes Tinubu, Umahi Over Infrastructural Development In North

Amid 2,669 Road Construction Projects, Engineers Blame Kickbacks For Failures

7 hours ago
Large-cap Stock Drives Local Bourse To N180bn Gains

Stock Investors Gain N3.967trn In May Amidst Positive Returns

7 hours ago

He continued by urging all customers to ensure their OPay wallets and accounts are not involved in cryptocurrency or virtual currency transactions.

Non-compliance with this policy will result in account closure. 

The CEO appreciated all customers for their continued trust and support as they work together to maintain a secure and compliant financial environment.

 


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

Breaking NEWS: Nigerians can now earn in US Dollars, acquire ultra premium domains for low and sell for super profit. Our client acquired a domain for $3715 and got it sold for $42,000. Click here to see how you too can profit from the business.


Tags: Opay
SendShareTweetShare
Previous Post

Ecobank Nigeria To Begin 3rd ‘Adire Lagos Experience’

Next Post

Schneider Electric Targets 900m Africans With Sustainable Energy Solutions

Royal Ibeh

Royal Ibeh

You May Like

Forum Salutes Tinubu, Umahi Over Infrastructural Development In North
Business

Amid 2,669 Road Construction Projects, Engineers Blame Kickbacks For Failures

2025/06/02
Large-cap Stock Drives Local Bourse To N180bn Gains
Business

Stock Investors Gain N3.967trn In May Amidst Positive Returns

2025/06/02
NCAT Rector Raises The Alarm Over Shortage Of Funds For Capital Projects
Business

‘Foreign Students’ Surge At NCAT Boosts Federal Gov’t’s Forex Earnings’

2025/06/02
IWD: Female Employees Share Career Journey At Schneider Electric
Business

‘AI Key To Optimising Infrastructure Surge For Nigeria Data Centres’

2025/06/02
Analyst Hails Senate Over Passage Of Tax Reform Bills
Business

IMF, Analysts Caution Federal Gov’t Over Increasing Debt

2025/06/02
I Regret Not Buying Arsenal — Dangote
Business

Dangote Refinery Has Capacity To Meet West Africa’s Petroleum Needs – Dangote

2025/06/02
Leadership Conference advertisement

LATEST

Tinubu’s Aide Tasks Women On Entrepreneurship As Pink Fleur Unveils ‘Noor Collection’

PICTORIAL: Judges, Lawyers, Litigants Shut Out As JUSUN Strike Cripples Abuja Courts

I Never Backed Emergency Rule In Rivers — Wike

Police Bust Notorious Car Theft Syndicate, Recover Stolen Vehicle In Nasarawa

Kwara Communities Decry Female Genital Mutilation

WAEC: Parent Hires Thugs To Assault School VP For Stopping Exam Malpractice

Gunmen Kill Man, Kidnap Wife In Imo

No One Can Push Me Out Of PDP — Wike

I Will Lead Tinubu’s 2027 Campaign To Deliver FCT, Rivers — Wike

JUST-IN: Federal Gov’t Declares June 6, 9 Eid-ul-Adha Holiday

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.