• About Us
    • Àtẹ́lẹwọ́ Podcast
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home Business & Finance Business

Industry raises eyebrows as OPay CEO, Olu Akanmu, resigns

Rtn. Victor Ojelabi by Rtn. Victor Ojelabi
July 31, 2023
in Business
0
godstv 17

The sudden resignation of Olu Akanmu as the Chief Executive Officer of OPay has continued to brew concerns in several quarters.

Olu Akanmu, a financial industrial veteran, announced his resignation on Monday morning via his official Twitter handle calling for a need to do more to get more Nigerians financially included.

While Akanmu failed to state the reasons behind his sudden resignation, it came across as a shock given to many especially given that the fintech company is celebrating its 5th anniversary in Nigeria.

Thanking stakeholders that had supported him at OPay, Akanmu specifically challenged the fintech community in Nigeria to deepen financial inclusion.

According to him, collaborations, public-private partnerships, and more deliberate coordination at the digital public infrastructure ecosystem layers would be critical to ensure the fintech succeed in doing the next heavy lifting to extend the digital financial rail to the next 20 million.

Starting with gratitude to all who had supported him while he was the CEO of OPay, Akanmu said:

“My Gratitude to all my colleagues at Opay for the good work we did together in deepening financial inclusion in Nigeria, ensuring that fewer and fewer number of our people are left behind in partaking out of the opportunities of the digital financial system.

“Many thanks also to all our ecosystem partners and enablers who complimented us, without which we would not have been able to deliver on the lofty mission of OPay which is to “deepen financial inclusion through technology.

“Yet there is still so much to be done collectively by us as all to ensure that no one is left behind by the modern digital financial system.

“The lesson of the cashless or limited Cash period earlier in the year is that millions are not yet included despite the progress we have made collectively as an ecosystem.

“For the Nigeria Fintech community, the imperative of ensuring that we serve not only the banked and underserved, but also the completely excluded which still represents at least 45% of our people should be our collective and greater patriotic mission, complementing the historic efforts of traditional players.

“Collaborations, public-private partnerships, and more deliberate coordination at the digital public infrastructure (#dpi) ecosystem layers would be critical to ensure we succeed in doing the next heavy lifting to extend the digital financial rail to the next 20 million.”

Akanmu, a veteran industry professional and former executive director at FCMB, joined the Nigerian division of the Chinese-backed fintech in November 2021.

Under his watch, Opay saw impressive growth during Nigeria’s cash crunch, thanks to its distribution strategies and infrastructure.

otunba victor profile picture scaled
Rtn. Victor Ojelabi

Ojelabi, the publisher of Freelanews, is an award winning and professionally trained mass communicator, who writes ruthlessly about pop culture, religion, politics and entertainment.


Discover more from Freelanews

Subscribe to get the latest posts sent to your email.

Related Posts

Dangote Refinery capacity upgrade
Business

Dangote refinery’s petrol price slash sparks tension among fuel importers

by Quadri Olaitan
February 27, 2025
GSK 750x375 1
Business

GSK Group packs up shop in Nigeria, to appoint third party as distributor

by Freelanews
August 3, 2023
NGX Lost N114bn as Investors Unload Stocks scaled
Business

‘Depreciated in price’ Stock market investors lose N114bn in one week

by Freelanews
April 11, 2022
HouseofReps3
Business

‘Means of exchange’ Reps ask CBN to make use of N2, N1, 50 kobo as legal tender

by Rtn. Victor Ojelabi
March 22, 2022
OrganicWheat Lead
Business

‘Encouraging’ WDP yield underscores research role, trials

by Freelanews
June 22, 2021

Leave a ReplyCancel reply

ADVERTISEMENT

Recent News

FCTA Demolishes

FCTA demolishes 11 illegal duplexes in Abuja

October 16, 2025
Modupe Akpan at 50

Modupe Akpan: Grateful and gracious at 50

October 16, 2025
University of Ilorin convocation

University of Ilorin convocation hosts Fashola, Tinubu

October 16, 2025
Sterling Bank

Sterling Bank champions food security for a better Africa

October 16, 2025

Search

  • Trending
  • Comments
  • Latest
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
Abdul-Muiz Olanrewaju Animashaun

Abdul-Muiz Olanrewaju Animashaun remembered with love

September 14, 2025
APC Second-Term Governors

APC: Second-term governors seeking immediate elective post to lose party leadership

October 15, 2025
April Wind Couture

April Wind Couture thrives in Nigeria’s tough economy with bold Ankara vision

September 12, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
FCTA Demolishes

FCTA demolishes 11 illegal duplexes in Abuja

October 16, 2025
Modupe Akpan at 50

Modupe Akpan: Grateful and gracious at 50

October 16, 2025
University of Ilorin convocation

University of Ilorin convocation hosts Fashola, Tinubu

October 16, 2025
Sterling Bank

Sterling Bank champions food security for a better Africa

October 16, 2025
October 2025
MTWTFSS
 12345
6789101112
13141516171819
20212223242526
2728293031 
« Sep    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Follow Us

  • Facebook
  • TikTok
  • YouTube
  • Instagram

Hot!

FCTA Demolishes

FCTA demolishes 11 illegal duplexes in Abuja

October 16, 2025
Modupe Akpan at 50

Modupe Akpan: Grateful and gracious at 50

October 16, 2025
No Result
View All Result
  • About Us
  • Contact
  • Advertisement
  • Sitemap

© 2025 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2025 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

Discover more from Freelanews

Subscribe now to keep reading and get access to the full archive.

Continue reading