By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Independent News ExpressIndependent News Express
  • Home
  • International
    InternationalShow More
    United Nations
    4th International Conference On Financing For Development Delivers Renewed Hope And Action For Sustainable Development
    3 months ago
    The African Development Bank and the United Nations Human Settlements Programme (UN-Habitat) scale up drive for sustainable urbanization in Africa
    AfDB, UN-Habitat Scale Up Drive For Sustainable Urbanisation In Africa
    3 months ago
    UN
    North Africa: Green Climate Fund Approves Record $300m For FAO-designed Projects In Papua New Guinea, Saint Lucia, The Sahel
    3 months ago
    UNICEF
    How Wars Across Middle East, North Africa Affecting Children – UNICEF
    3 months ago
    UNDP
    UN Development Programme Welcomes Historic Deal On Sustainable Development Even Amidst Global Turmoil
    3 months ago
  • Africa
    Africa
    Show More
    Top News
    From Child Soldiers To Carpenters In The Democratic Republic of Congo
    3 years ago
    Egypt: United States Embassy Cairo Organizes Women And Environment Week
    3 years ago
    PeacePro
    Military Intervention In Niger Republic Will Amount To Digging Africa’s Grave – PeacePro
    2 years ago
    Latest News
    U.S. Africa Command Commander Visits West Africa, Underscores Partnership In Addressing Evolving Terrorism Threat
    4 days ago
    West Africa Regional Preparatory Workshop For COP30 On Climate Change Opens In Dakar
    4 days ago
    Systemic Racism Against Africans And People Of African Descent In Criminal Justice Systems Is Pervasive
    4 days ago
    Canada–Africa Chamber Of Business: Delegates From Nigeria, Kenya, SA, DR Congo Visit Hamilton To Strengthen Trade And Investment Links
    2 weeks ago
  • Corporate News
    • Media Outreach
  • Politics
    Politics
    Show More
    Top News
    Peter Obi’s Big Win In Lagos Set Social Media On ‘Fire’
    3 years ago
    Tayo Ayinde, A Leading Choice For Nigerian President-Elect’s Chief Of Staff
    2 years ago
    15th BRICS Summit
    Timi Frank Blasts Shettima For Gloating Over Predetermined Tribunal Judgement
    2 years ago
    Latest News
    NSC Chairman To Engage With Youth And Sports Stakeholders At The Nest Centre
    1 month ago
    Edo District Bye-election: SDP Candidate, Hon. Isidahomhen Promises To Pursue Best Interest Of Esanland 
    2 months ago
    PHOTOS: Vinod Obasa Takes Oath Of Office
    2 months ago
    Gov Adeleke’s Outburst Against Aregbesola Shows Sign Of A Drowning Man – ADC Group
    2 months ago
  • News
    • Agriculture
    • Breaking News
    • Tech
    • Maritime
    • Crime
    • Art & Culture
    News
    Show More
    Top News
    Pa Abdulfatah Amoo Ayanwale
    Pa Ayanwale Dies At 76, Fidau Prayers Holds 8 August
    2 years ago
    Ondo Governor, Akeredolu Begins Construction Of First Flyover In Akure
    2 years ago
    Celebration Of Life: Reverend Adewumi Jegede Of Later House Of God Assembly Buried Amid Pomp
    1 year ago
    Latest News
    Zion Prayer Movement Outreach Debunks Attack On Evang Ebuka Obi
    40 minutes ago
    Lagos Political Stakeholders, Amuwo Odofin Extol Virtues of late Ex SLG, Folashade Ajao
    1 week ago
    Lagos Assembly Wades Into Power Crisis At Estate Managed by President Tinubu’s Brother
    1 week ago
    In Well-Researched Response, Veteran Journalist Maintains Position Why Owo Good For Proposed Ose State Capital
    1 week ago
  • Entertainment
    • Comedy
    • Movies
    • Music
    • Television
    • Concert & Events
    Entertainment
    Show More
    Top News
    Temi Otedola Makes Her Stage Debut In Motherland The Musical
    3 years ago
    Discover Exciting Programmes with Ease on GOtv
    2 years ago
    Nigerian Afrobeat Artiste WONDA Drops Captivating Summer Anthem ‘Ibiza’
    2 years ago
    Latest News
    GOtv Stream vs. Traditional TV: Why Viewers Are Loving the Flexibility
    5 days ago
    Securing Africa’s Digital Future: Entertainment in Safe Hands
    6 days ago
    BBNaija S10: Joanna, Mide, and Isabella Clash as Denari and Tracy Exit the House
    2 weeks ago
    Akamai Adaptive Media Player 2: Bitmovin And Akamai Set New Streaming Standard
    3 weeks ago
  • Lifestyle
    • Fashion
    • Love & Life
    • Food & Drink
    • Travel & Tourism
    • Relationship
    • Sex
    Lifestyle
    Show More
    Top News
    Sanwo-Olu Receives TAMPAN Award
    7 months ago
    Radisson Hotel Group Announces Three New Hotels In Nigeria
    2 years ago
    Fanti Carnival Returns To Lagos This Easter Sunday
    5 months ago
    Latest News
    Ambassador Raffy Bello Greets Imperial Majesty, Ooni Enitan-Ogunwusi, As Olojo Festival Begins In Ile-Ife
    4 days ago
    Preserving African Culture: Polaris Bank , Chivita, And Danone Support CIKDAS’ Youth Literary Initiative
    3 weeks ago
    Nigeria, Switzerland Takes Major Steps Towards Repatriation Of Artifacts And Cultural Cooperation
    4 weeks ago
    Archbishop Ugorji Hails St. Helen’s Choir As One of the Best Choirs in Owerri Archdiocese
    1 month ago
  • Business
    • Banking & Finance
    • Oil & Gas
    BusinessShow More
    Unity Bank Shareholders Approve Merger With Providus Bank
    1 day ago
    Yomi Joseph Digital Pr Launches 360° Marketing Solutions To Transform Brands Into Industry Leaders
    5 days ago
    Gov Abiodun Showcases Ogun Investment Opportunities At AfCFTA In Algeria
    3 weeks ago
    Intra-African Trade Fair
    Nigeria To Host Intra-African Trade Fair In 2027
    3 weeks ago
    Bank of Agriculture
    How Nigeria-Brazil Pact Will Boost Agricultural Investment, Food Security – BOA
    4 weeks ago
  • Health
    Health
    Show More
    Top News
    South Africa’s Cannabis Growers In Pondoland Left Behind By Legalisation Plans
    3 years ago
    WHO
    WHO Expands Health Services Support For Vulnerable Populations In Nigeria’s Northeast
    3 years ago
    trachoma
    WHO Commends Benin, Mali For Eliminating Trachoma As Public Health Problem
    2 years ago
    Latest News
    Lagos Takes Fight Against HIV To Communities
    1 day ago
    Nigeria’s Health Financing: Lessons From Canada’s $32.5bn Tobacco Settlement
    6 days ago
    CAPPA Commends FG Health Tax Policy, Renews Call for Higher Sugary Drinks Excise Duty
    3 weeks ago
    Jubilation In Ebonyi As FG, State Govt Activate MAMII To Safe Pregnant Women And Babies
    3 weeks ago
  • More
    • Sports
    • Aviation/Transportation
    • Deliverance Hour
    • Industry & Labour
    • Insurance
    • Interview
    • Judiciary
    • Metro
    • Opinion
    • Property
    • Religious
    • Romance
    • Science & Discovery
Reading: Opay In Trouble, Caught In Alleged Fraud Allegations And Legal Controversies Between January To July 2025
Share
Notification Show More
Aa
Independent News ExpressIndependent News Express
Aa
  • Home
  • International
  • Africa
  • Corporate News
  • Politics
  • News
  • Entertainment
  • Lifestyle
  • Business
  • Health
  • More
Search
  • Home
  • International
  • Africa
  • Corporate News
    • Media Outreach
  • Politics
  • News
    • Agriculture
    • Breaking News
    • Tech
    • Maritime
    • Crime
    • Art & Culture
  • Entertainment
    • Comedy
    • Movies
    • Music
    • Television
    • Concert & Events
  • Lifestyle
    • Fashion
    • Love & Life
    • Food & Drink
    • Travel & Tourism
    • Relationship
    • Sex
  • Business
    • Banking & Finance
    • Oil & Gas
  • Health
  • More
    • Sports
    • Aviation/Transportation
    • Deliverance Hour
    • Industry & Labour
    • Insurance
    • Interview
    • Judiciary
    • Metro
    • Opinion
    • Property
    • Religious
    • Romance
    • Science & Discovery
Have an existing account? Sign In
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Independent News Express > Blog > Banking & Finance > Opay In Trouble, Caught In Alleged Fraud Allegations And Legal Controversies Between January To July 2025
Banking & FinanceBusiness

Opay In Trouble, Caught In Alleged Fraud Allegations And Legal Controversies Between January To July 2025

Last updated: 2025/08/03 at 5:56 PM
2 months ago
Share
SHARE

OPay, one of Nigeria’s most prominent fintech platforms, is under increasing public and regulatory scrutiny following a series of fraud-related incidents and legal battles involving its services and operations.

From court cases to customer rights violations, recent events between January and July 2025 have raised concerns about the platform’s compliance mechanisms and user protection systems.

- Advertisement -
Ad imageAd image

Despite OPay’s claims of maintaining strong financial security protocols, the platform has reportedly been exploited by fraudsters and embroiled in high-profile court disputes. Below is a summary of some major fraud and legal incidents involving OPay this year:

  1. N95 Million Fraud Case Involving OPay Director
    The Director of OPay Digital Services Limited, Mr. Wuritka Dauda, is facing contempt of court charges for allegedly disobeying a court order relating to a ₦95 million fraud case. According to court filings, OPay’s legal counsel, Prince Bayo Omotubora, is seeking an order to commit Dauda to prison and compel him to appear before the court for disobeying express directives issued in November 2024.
  2. Terrorism Financing Allegations Raise Regulatory Flags
    While OPay has not been directly named, the Nigeria Sanctions Committee (NSC) recently designated Simon Ekpa, 14 others, and two entities for allegedly financing terrorism. The announcement has raised questions about the oversight and vulnerability of fintech platforms, like OPay, to being exploited by extremist networks—prompting calls for stricter KYC and transaction monitoring protocols.
  3. ₦3 Million Mosque Donation Blocked and Court-Ordered Reversal
    In July 2025, OPay restricted an account belonging to Muhammed Jamiu Abass, who received a ₦3 million donation to build a mosque in Nigeria while he was in Saudi Arabia. The platform demanded documentation for identity and source verification, but repeatedly rejected his submissions.

Frustrated, Abass filed a lawsuit through his brother in Nigeria. In a December 2024 ruling, Justice F.A. Sodamade of the Osun State High Court ordered OPay to unfreeze the account and pay ₦500,000 in damages for violating Abass’ fundamental rights—after the company failed to appear in court despite being served notices.

  1. Businessman Sues OPay Over Alleged Unauthorized Deduction
    In another incident reported by ThisDay, Mr. Suleiman Mohammed Dikwa filed a lawsuit at the Jos High Court against OPay for allegedly freezing his account and withdrawing ₦28,592.92 without consent. Dikwa claims the transaction was linked to a Kaduna Sharia Court order, which was not properly communicated to him.

Through his counsel, F.M. Pukuma, Dikwa is demanding ₦30 million in damages, stating that the deduction was illegal and violated his rights as a customer.

Calls for Regulatory Reform
These incidents, though varying in scale, have one common thread—questionable enforcement practices and inadequate dispute resolution mechanisms. Regulatory bodies, digital rights advocates, and financial analysts are now urging the Central Bank of Nigeria (CBN) and the Nigerian Financial Intelligence Unit (NFIU) to implement tighter oversight of fintech firms operating in the country.

As fintech adoption continues to rise, industry observers stress the urgent need for transparency, better customer support systems, and legal accountability to restore public trust in digital banking platforms like OPay.

You Might Also Like

Unity Bank Shareholders Approve Merger With Providus Bank

Yomi Joseph Digital Pr Launches 360° Marketing Solutions To Transform Brands Into Industry Leaders

Gov Abiodun Showcases Ogun Investment Opportunities At AfCFTA In Algeria

Nigeria To Host Intra-African Trade Fair In 2027

How Nigeria-Brazil Pact Will Boost Agricultural Investment, Food Security – BOA

TAGGED: Opay
INadminNG August 3, 2025 August 3, 2025
Share This Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Telegram Email Print
Previous Article Super Falcons Agege LG Vice Chairman, Ganiyu Vinod Obasa Congratulates Super Falcons On WAFCON Victory
Next Article Kwara State Sports Commission After Four Years, Kwarans Tell Gov Abdulrazaq That Another Term For Magaji As KSSC Chairman Will Bury Sports In The State
about us

Independent News Express (iNews Express), a publication of 4Ds Nigeria Limited, is birthed out of the desires of the founding fathers to report News as it is.

We value Professionalism, Excellence, Service, Creativity and Integrity.

The Company

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy

Quick Links

  • Advertise with us
  • Newsletters
  • Deal

Categories

Find Us on Socials

© Independent News Express. All Rights Reserved.
Welcome Back!

Sign in to your account

Lost your password?