Oshiomhole Says Hackers Hit His OPay, Moniepoint Accounts as Fintech Firm Denies Shutdown Rumours

Senator Adams Oshiomhole has revealed how hackers breached his OPay and Moniepoint accounts, siphoning funds and exposing major gaps in Nigeria’s fintech security. Speaking during a Senate debate, he urged stronger regulations for digital financial platforms that operate outside traditional banking structures. Oshiomhole warned that many fintechs lack transparency and could expose Nigerians to financial risks.
In response, OPay dismissed viral claims that it had shut down or lost users’ funds, insisting its systems remain secure and customer deposits protected. The company added that a brief downtime earlier in the week had been resolved and reassured users of its financial stability.