OPay, one big digital finance company for Nigeria, don launch nationwide savings programme wey go give customers 27% interest for their money every year, plus chance to share inside additional N77 million interest pool wey the company set aside.
The programme dem call “OPay 7 Savings Festival”, and na OWealth, their digital savings platform, dey power am. The plan na to help Nigerians build consistent savings habit, so dem fit reach the money goals wey dem dey target.
The campaign go run for 49 days, from August 10 go reach September 27, 2026. Customers wey wan join fit create Target Savings plan wey range from N77,000 to N777,000. But the condition simple: you must save consistently toward your target and finish the plan without withdrawing early. Once you satisfy that one, you go get the 27% annual interest, daily interest, and you still dey eligible to share inside the N77 million interest pool.
This one dey come at time when household finances dey tight. Cost of living dey rise, and many individuals and small businesses dey find am hard to save regularly. OPay say the festival na to make saving easy and rewarding, and to help customers develop financial discipline.
Beyond the money wey customers go gain, OPay say the festival na part of bigger change for digital financial services. E no be say na only to send and receive money again; na to give people tools wey dem fit use to manage and grow their money.
Speaking about the initiative, OPay Chief Commercial Officer, Elizabeth Wang, say the campaign show their commitment to strengthen financial habits of Nigerians. “The OPay 7 Savings Festival reflect our commitment to helping Nigerians build stronger financial habits. By saving consistently toward their goals, customers go enjoy better benefits, including 27% interest per year, while dey build financial confidence for platform wey dem fit trust,” she talk.
OPay explain say the initiative reward consistency, no be one-off deposits. Customers go fit set clear savings target and monitor their progress throughout the campaign. OWealth go show dem their savings goals, progress, and the rewards wey dey available. The approach na to make customers see saving as long-term habit, no be something wey you do once.
The festival go officially open on August 10, and new Target Savings plans fit dey created until September 20. Final interest earnings and distribution from the N77 million interest pool go happen on September 27. For anybody wey wan participate, na to open or log into the OPay app, go to the 7 Savings Festival page, and create Target Savings plan within the stipulated range. Then you go start saving toward the target wey you choose, according to the campaign conditions.
The company say the initiative dey mostly aimed at helping Nigerians set and pursue real financial goals—whether na for personal needs, business expansion, future expenses, or other priorities. OPay say strong savings habit among individuals and small businesses fit help make the economy more resilient, especially as more people dey use digital platforms to manage their money.
Trust and transparency na important things for digital financial services, and OPay say dem dey mindful of that. Through OWealth, customers wey participate fit track their savings progress and monitor the rewards wey dey come, so dem get clear picture throughout the savings period.
Since 2018, OPay don dey provide different digital financial services for Nigeria, including money transfer, bill payment, card services, airtime and data purchase, and merchant payments. The company say their services dey backed by network reliability and security features wey dey protect customers and their money. OPay get license from Central Bank of Nigeria (CBN), and deposits wey customers put dey insured by Nigeria Deposit Insurance Corporation (NDIC), according to the terms and limits.
With the 7 Savings Festival, OPay dey try to expand their role beyond helping customers move money—now dem dey help people deliberately set money aside and work toward defined financial goals. The ultimate aim na to make consistent saving easier, more rewarding, and more accessible for Nigerians, while dem reinforce their commitment to trusted digital financial solutions.
