Opay launches savings campaign to boost financial habits
OPay has introduced a new campaign to encourage Nigerians to save more consistently. The 49-day 7 Savings Festival, powered by OWealth, aims to help customers develop stronger financial habits while offering attractive returns. Elizabeth Wang, Chief Commercial Officer at OPay, highlighted the company's commitment to supporting financial resilience. The initiative is part of OPay’s broader strategy to expand its digital financial services beyond payments.
TLDR
- The 49-day 7 Savings Festival runs from 10 August to 27 September 2026 and is designed to promote consistent savings among Nigerians.
- Participants can create Target Savings plans between N77,000 and N777,000 and earn an interest rate of 27 percent per annum, with daily interest and a share of a N77m additional interest pool.
- New Target Savings plans can be created until 20 September 2026, and final interest distributions are scheduled for 27 September 2026.
- Elizabeth Wang stated the campaign aims to help Nigerians build financial confidence and stronger savings habits.
- OPay’s initiative is part of its mission to make savings more accessible and support economic stability in Nigeria.
