LASU joins OPay’s N1.2bn scholarship programme

OPay Digital Services Limited has extended its N1.2 billion 10-Year Scholarship Programme to the Lagos State University (LASU). The duo signed a Memorandum of Understanding (MoU) at the institution, adding the institution to the list of the firm’s scholarship beneficiaries. The partnership will see 20 LASU students receive fully funded scholarships annually, a fulfillment of […]

OPay Digital Services Limited has extended its N1.2 billion 10-Year Scholarship Programme to the Lagos State University (LASU).

The duo signed a Memorandum of Understanding (MoU) at the institution, adding the institution to the list of the firm’s scholarship beneficiaries.

The partnership will see 20 LASU students receive fully funded scholarships annually, a fulfillment of the firm’s long-term Empowering Futures initiative, a Corporate Social Responsibility (CSR) agenda aimed at supporting academically excellent but financially constrained students across Nigerian tertiary institutions.

 Speaking during the signing ceremony, Vice Chancellor of Lagos State University, Professor Ibiyemi Olatunji-Bello, commended the firm for its forward-thinking commitment to education and youth development.

“We gather to celebrate a remarkable gesture of goodwill and corporate social responsibility from OPay Digital Services Limited.

“This generous act underscores OPay’s commitment to fostering academic excellence and supporting the dreams of young Nigerians. The scholarship will undoubtedly alleviate financial burdens and motivate our students to strive for excellence,” she said.

The university’s Registrar, Emmanuel Abiodun Fanu, appreciated the firm for extending the scholarship to their students, noting that the initiative would have a lasting impact on their lives and academic journeys.

“We thank OPay for this scholarship opportunity. You may not immediately know the impact this gesture will have, but it will transform lives and motivate these students to become valuable contributors to society,” he stated.

OPay’s Chief Operating Officer, Elizabeth Wang, reaffirmed the firm’s commitment to empowering the next generation through sustainable investments in education.

“Since our establishment in Nigeria in 2018, our mission has been to make financial services more inclusive through technology. Beyond this, we believe education is the foundation of every society — and students represent the future.

“That’s why OPay is committed to sponsoring 20 students of this university every year for the next 10 years to help them pursue their dreams more easily,” she said.

Ms. Wang added that the firm plans to open Cyberlabs and graduate employment opportunities for students within its growing workforce of over 5,000 employees, further deepening its investment in youth development.