FIRS Seals OPay Offices in Lagos and Abuja over Alleged Tax Violations

The Federal Inland Revenue Service (FIRS) has shut down OPay offices in Lagos and Abuja. Officials allege breaches of the Nigeria Tax Act 2025, including unpaid VAT and Companies Income Tax. Enforcement seals and notices now bar entry or tampering without the FIRS chairman’s approval. OPay, which launched in Nigeria in 2018, has rapidly grown its mobile payments and agent banking services. The fintech firm is backed by Chinese investors and serves millions of users nationwide. So far, OPay has not publicly responded to the FIRS action. This incident has reignited debates on how foreign tech companies are regulated in Nigeria. Industry experts warn that tougher scrutiny on revenue and tax compliance may become the new norm. Observers say the FIRS-OPay standoff could set key precedents for the country’s fintech sector.

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