OPay launches nationwide savings festival in Nigeria

OPay, a digital financial services company, has launched the ‘OPay 7 Savings Festival’ in Nigeria. The 49-day campaign, powered by its OWealth digital savings solution, runs from August 10 to September 27, 2026.

The initiative aims to encourage consistent saving habits among Nigerians facing rising living costs. Customers can create Target Savings plans ranging from ₦77,000 to ₦777,000. Those who save consistently and complete their plans without early withdrawals are eligible for a 27 per cent annual interest rate, daily interest, and a share in an additional ₦77 million interest pool.

Elizabeth Wang, OPay’s Chief Commercial Officer, stated that the campaign reflects the company’s commitment to helping Nigerians build stronger financial habits and build confidence through a trusted platform. The program focuses on rewarding long-term discipline rather than one-off deposits.