A fake notice circulating on WhatsApp and other social media platforms falsely claimed that Nigerian fintech company OPay would suspend operations, urging customers to withdraw their funds. According to Vanguard, the hoax has underscored the importance of verifying financial information before acting on or sharing it. The report offers guidance on identifying fraudulent financial messages and avoiding online scams, as misinformation targeting users of digital payment platforms continues to spread in Nigeria.

OPay, a prominent fintech company in Nigeria, has launched two new features: an Emergency Lock and a Safety PIN, aimed at enhancing user security and protection. These features are designed to help Nigerians safeguard their financial transactions and personal information more effectively, according to Techpoint Africa.

Nigerian fintech company OPay is pursuing legal action over a viral tweet containing a false claim that attracted more than two million impressions before being deleted. Although an apology was issued quickly, the social media payout system that made the post profitable to publish remains unchanged, according to Techpoint Africa. The case highlights how Nigerian defamation law offers companies fewer protections than it provides to individuals, raising questions about accountability for viral misinformation targeting businesses.

Police in Kano have arrested a man accused of posing as a police officer and defrauding members of the public through a fake recruitment scheme, according to Punch. The suspect allegedly used AI-edited photographs to support the impersonation and convince victims. The report frames the case as both impersonation and recruitment fraud, but provides no details on the number of victims, losses, charges, or court proceedings.

OPay has launched a new office in Kaduna, Nigeria, which is part of its strategy to enhance financial inclusion and improve customer service in the region. This expansion reflects OPay's ongoing commitment to providing accessible financial solutions to a broader audience.

Police have arrested a 32-year-old man from Ebonyi State accused of impersonating the Registrar of the Joint Admissions and Matriculation Board, Prof. Segun Aina, online. According to Legit.ng, the suspect allegedly demanded up to N3 million for fake contracts via WhatsApp. Authorities reportedly took action after recovering a dead man's ATM card from him, leading to his arrest.