OPay has received the IFIC Award for Financial Inclusion Innovation from the Central Bank of Nigeria (CBN) during the 2024 International Financial Inclusion Conference (IFIC). This prestigious award recognizes OPay’s alignment with regulatory standards and its contributions to advancing Nigeria’s financial inclusion objectives. OPay has worked closely with the CBN and regulatory bodies to provide secure and innovative digital financial services to millions of Nigerians, breaking down barriers to financial access.
The selection process for the award considered metrics such as regulatory compliance, technological innovation, customer impact, and contributions to the CBN’s financial inclusion goals. OPay emerged as the top performer among a competitive group of financial service providers, setting a standard for excellence in delivering secure and innovative financial solutions.
Dauda Gotring, CEO of OPay, stated, “This recognition highlights OPay’s dedication to providing innovative, compliant, and inclusive financial solutions. We remain committed to leveraging technology to drive financial inclusion while ensuring the highest standards of security and regulatory compliance.”
The 2024 IFIC Conference discussed key issues in Nigeria’s financial inclusion landscape, including expanding financial service access, improving digital literacy, and encouraging collaboration between regulators and private sector innovators like OPay. As Nigeria strives to reach its financial inclusion target, OPay continues to lead by example, showcasing the potential of public-private partnerships and the importance of a secure, innovative, and inclusive financial ecosystem that supports sustainable economic growth.
Author Bio: Anthony Nlebem, Head of Sports at BusinessDay Media, is a seasoned Digital Content Producer and FIFA/CAF Accredited Journalist with extensive experience in sports reporting. He has a deep understanding of the Nigerian and global sports landscape, delivering comprehensive and insightful sports content.
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