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OPay shares exciting growth plans for 2021
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From Left To Right: Joshua Yau, Managing VP for OPay Nigeria, Iniabasi Akpan – Country Manager, Oladipo Omogbenigun, VP, Payments Solutions and Corporate Partnerships, Dotun Adekunle VP, Product and Engineering, At Opay Press Briefing held at Radisson Blue Hotel, Ikeja.
… set to launch debit cards
By Juliet Ebirim
After achieving a successful business year in 2020, Nigerian payment and financial service company, OPay has unveiled its growth plans for 2021 and beyond. At a press conference held on Monday, its senior executive team shared their “2020 Review and 2021 Update” agenda in Lagos.
Nigerian payment and financial service company OPay has unveiled its growth plans for 2021 and beyond after achieving a successful business year.
At a press conference held on March 1, 2021, its senior executive team shared their “2020 Review and 2021 Update” agenda in Lagos.
The press briefing kicked off with business updates from the company presented by
Joshua Yau, Managing VP for OPay in Nigeria.
Mr Yau notes that “amidst the pandemic, lockdown, and global uncertainty, OPay had its most impactful and transformative year yet in 2020. As a payment company, it grew its total gross transaction value 4.5 times to over $2 billion in December. The point-of-sale (POS) terminals deployed in its mobile money agent and merchant network represented roughly 1/5 of offline payments in Nigeria by year-end. Its mobile wallets have more than 2 million wallets with balances, totalling over $17 million.”
TODAY
January 29, 2021
Dr Isa Pantami, the Minister of Communications and Digital Economy, has assured Nigerians and the international community that citizens’ and the country’s data are 99 per cent secure.
Pantami spoke on Thursday in Abuja at the National Data Privacy Day celebration, in line with global date marked every Jan. 28. The event was organised by the National Information Technology Development Agency (NITDA).
He said that data privacy struggle had achieved a lot for the country as its protection was enshrined in laws, bylaws and Acts of different institutions of government and the Constitution.
“Nigeria is committed to data privacy and protection as demonstrated in Section 37 of our Constitution. So far we have 99 per cent privacy of data ensured in Nigeria.
Pantami said this at the Global Data Privacy Day celebration organised nationally by the National Information Technology Development Agency (NITDA) in Abuja.
Global Privacy Day is being celebrated every Jan. 28, to raise awareness on the need for data privacy both for individuals and public institutions in line with best global practices.
In Nigeria, the week-long programme had its theme as “
Harnessing Data as Critical Infrastructure for the Digital Economy” and featured webinars, quiz competition by secondary school students,among other activities.
“The current efforts of the Federal Ministry of Communications and Digital Economy in encouraging Nigerians to register for NIN is a strategic and critical national effort to ensure Nigerians have a credible, converged and consistent database for identity purposes.
By Olumide Babalola When sometime early December 2020, my wife – an Assistant Chief Legal Aid Officer with the Legal Aid Council of Nigeria persuaded me to see the Nigerian movie titled “Oloture” produced by EbonyLife Films, I was disappointed at the anti-climax since the villains were neither apprehended nor brought to criminal justice. At