New developments have emerged in the tax compliance issue involving fintech firm OPay, as enforcement markings previously placed on the company’s premises by the Nigeria Revenue Service (NRS) have now been removed.
Sources familiar with the matter say the removal of the sticker followed engagements between the company and the revenue authority over concerns relating to Value Added Tax (VAT) compliance.
While OPay has not made any official public admission regarding the alleged VAT non-compliance, insiders indicate that the company has begun taking steps behind the scenes to address the issues raised and align its processes with regulatory expectations.
According to individuals briefed on the discussions, the fintech firm has been working quietly with relevant authorities to resolve the matter and put its tax compliance framework in proper order.
The enforcement action by the NRS had earlier drawn attention to the broader issue of tax compliance within Nigeria’s rapidly expanding digital payments ecosystem.
Meanwhile, tensions have also surfaced between journalists and OPay’s corporate communications team following media reports about the dispute.
Members of the media community allege that individuals who identified themselves as members of the company’s communications department contacted reporters shortly after stories on the tax issue were published.
One caller, using the phone number +2348138613036, was said to have spoken in a confrontational tone while criticizing a journalist for publishing what the reporter described as verified information about the company’s activities.
Another caller, using **09136853466**, was also accused of displaying what observers described as unprofessional conduct during a separate conversation.
The development has raised concerns among some journalists, who argue that corporate communications teams are expected to engage the media through official clarifications or statements rather than confrontational exchanges following the publication of reports.
Industry observers say the situation underscores the importance of professional media relations, particularly for major financial technology companies operating in Nigeria’s fast-growing digital payments sector.
As of the time of filing this report, OPay had not issued an official public statement addressing the allegations involving its communications staff or the ongoing tax discussions with the Nigeria Revenue Service.
