OPay fined N945.7m over regulatory, compliance breaches

AdvertisementsOPay Digital Services Limited, one of Nigeria’s biggest digital payments companies, paid N945.7 million in regulatory fines between 2023 and 2025 for breaches involving anti-money laundering controls, terrorism financing, customer due diligence, data protection and other regulatory requirements, raising fresh questions about its corporate governance and readiness for the international capital market.