In a bold step to empower Nigeria’s future leaders, OPay, one of the nation’s financial institutions, has extended its N1.2 billion 10-year Scholarship Initiative to students of the University of Ilorin (UNILORIN). This latest milestone marks UNILORIN as the newest beneficiary of OPay’s long-term commitment to supporting education across the country.

The scholarship programme, designed to ease financial barriers for talented students, reflects OPay’s mission to foster academic excellence and unlock opportunities for Nigerian youths.

Through this initiative, the company is enabling students to focus fully on their studies and personal growth without the weight of financial stress.

Speaking at the event, Managing Director Opay, Dada Gotring said: “At OPay, we believe education is the key to unlocking individual potential and advancing our society.” “This ₦1.2BN 10-year scholarship programme is not only about supporting today’s students but about investing in Nigeria’s future. We are committed to nurturing the brilliant minds who will shape the nation’s progress for years to come.”

Speaking at the MOU signing, UNILORIN’s VC Professor Wahab Olasupo Egbewole (SAN), remarked, “We would like to express our gratitude to OPay for their remarkable scholarship initiative to support our students here at UNILORIN. This initiative shows that OPay is aligning with the education agenda of the federation.”

The UNILORIN partnership is the latest chapter in OPay’s nationwide education initiative, which has already provided support to students at several other Nigerian universities.

As the programme grows, OPay remains dedicated to empowering young Nigerians with the resources and opportunities needed to thrive both academically and professionally.

Through this enduring investment, OPay is reaffirming its role not just as a financial service provider, but as a partner in shaping a brighter and more inclusive future for Nigeria.