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OPay awards ₦12 million scholarship to ABU students 

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Home Business Fintech

OPay awards ₦12 million scholarship to ABU students 

Modupeoluwa Olalere by Modupeoluwa Olalere
November 15, 2024
in Fintech
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OPay awards ₦12 million scholarship to ABU students 

OPay awards ₦12 million scholarship to ABU students 

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OPay, a renowned financial service provider in Nigeria, presented ₦12 million in scholarships to 40 honourable students at Ahmadu Bello University (ABU), Zaria in Kaduna state. 

Opay empowers ABU Zaria students

Opay announced on Wednesday that each student will receive N300,000, relieving financial burden and encouraging academic success.

Read also: Moniepoint eyes commercial banking license to expand financial services in Nigeria

According to the announcement, the scholarship award ceremony, which took place at the office of the Vice Chancellor of ABU, is a significant milestone for both OPay and the students. OPay’s Managing Director, Dauda Gotring, a proud ABU alumnus, discussed what it means to support students at his alma mater.

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“For us at OPay, giving back to society—especially through education—is at the heart of what we do,” Gotring said. “ABU holds a special place in my life, and I’m thrilled to give back to students here who show such promise and determination.” 

ABU’s Vice-Chancellor, Prof Kabiru Bala, thanked Opay management for the scholarships, underscoring their significant impact on the students’ lives.

“This support from OPay would lift a heavy burden off our students, helping them focus on their dreams and academic goals. We are incredibly grateful to OPay for their generosity and partnership,” said Prof Bala.

Read also: OPay introduces facial recognition for high-value transfers

Opay’s broader commitment to education and community empowerment

OPay’s new project invests ₦120 million annually to support 400 college students in Nigeria, including the University of Ibadan and Nnamdi Azikiwe University, promoting youth development. This decade-long commitment will shape Nigerian education, develop future leaders, and improve the prospects for underprivileged children.

In addition, OPay is discussing business programs, startup help, and skills training for women in Zaria. OPay focuses on education and economic empowerment to create a positive spinoff that boosts communities and economies.

OPay was established in 2018 as a leading financial institution in Nigeria to make financial services more inclusive through technology. The company offers a wide range of payment services, including money transfer, bill payment, airtime & data purchase, card service, and merchant payments. Renowned for its super-fast experience and reliable network, OPay is licensed by the CBN and insured by the NDIC, which has the same insurance coverage as commercial banks.

Tags: ABUOpay
Modupeoluwa Olalere

Modupeoluwa Olalere

Modupe is a tech content writer with 3+ years of experience turning complex ideas into clear, engaging stories. She covers innovation, digital trends, and emerging technologies. When she’s not writing, she’s exploring new tools or tracking trends shaping Africa’s tech ecosystem.

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