• About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Fintech Insights
  • Fintech
  • Banks
  • Fraud Watch
  • Interviews
  • Markets
  • Startups
  • Fintech Jobs
  • Investments
No Result
View All Result
Banking News, Fintech News, Business News From Fintech Insights
No Result
View All Result

OPay Explains How Customers Can Check Eligibility for FG’s N50,000 Monthly Cash Support

OPay clarified that the cash support was exclusively available to eligible beneficiaries, adding that customers who could not see the notification on their applications did not qualify for the programme.

Fintech Insights by Fintech Insights
November 4, 2026
Home Fintech

Digital financial services provider OPay has explained how customers can check their eligibility for the Federal Government’s N50,000 monthly cash support programme for vulnerable Nigerians.

The fintech company said qualified customers would receive a pop-up notification on the homepage of their OPay mobile application, which they must click to access the next steps for the intervention.

In a post on its official X handle on Tuesday, OPay clarified that the cash support was exclusively available to eligible beneficiaries, adding that customers who could not see the notification on their applications did not qualify for the programme.

The company also stressed that it had no role in determining beneficiaries’ eligibility.

OPay stated, “The ₦50,000 monthly Federal Government cash support is available only to eligible citizens. Eligible customers will see a pop-up notification on their OPay app homepage. Kindly click on the pop-up to proceed with the next steps.

 

ALSO: Flutterwave’s European Expansion Faces Fresh Setback as Cyprus Regulator Blocks Netinfopay Deal

 

“Kindly note that customers who are unable to see the feature on the app are not eligible for it. Please note that we do not determine your eligibility. Kindly contact NERSI at 07000222222 for assistance.”

The fintech company also warned customers against fraudulent activities, cautioning them not to disclose their personal identification numbers (PINs) or one-time passwords (OTPs) to individuals claiming to facilitate the payment.

“OPay will never ask for your PIN or OTP to process a NERSI relief payment. Do not pay any agent or click unverified links,” the company warned.

It advised customers to use only its official mobile application or the USSD code 955*20# to check their eligibility for the intervention.

OPay’s clarification followed increased public interest in the Federal Government’s cash relief programme after an X user shared information about the intervention and listed USSD codes through which customers of participating financial service providers could check their eligibility.

The Federal Government recently announced the commencement of disbursements under the National Emergency Relief and Stabilisation Intervention (NERSI), a presidential initiative designed to provide financial assistance to vulnerable households.

The Minister of Humanitarian Affairs and Poverty Reduction, Dr Bernard Doro, announced the commencement of the programme in a statement issued on October 30, explaining that qualified beneficiaries would receive N50,000 monthly to support essential household needs and cushion the impact of rising living costs.

According to the minister, the programme would be reviewed regularly to ensure that assistance reaches eligible Nigerians.

Doro disclosed that the ministry was partnering with licensed digital financial service providers to ensure secure, transparent and efficient disbursement of the funds.

He explained that beneficiaries would receive an SMS requesting their consent before payments were made directly into their bank accounts or mobile wallets.

The approved financial service providers and their respective USSD codes include:

OPay: 955*20#

ALAT by Wema: 945*23#

MoMo PSB: 671*0#

NairaGram: 726*00#

Moniepoint: 557*327#

The minister emphasised that beneficiaries were not required to submit applications, pay registration fees or register through agents to access the intervention.

He also warned Nigerians against fraudsters seeking to exploit the programme, urging citizens not to disclose sensitive banking information, including their PINs and Bank Verification Numbers (BVNs).

Doro advised anyone uncertain about messages or notifications concerning the intervention to contact the official NERSI helpline on 0700-022-2222 for assistance.

Related

Fintech Insights

Fintech Insights

Next Post
FairMoney

FairMoney Shares Seven Tips to Help Nigerians Make Their Salaries Last Until Payday

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Gravatar profile

Subscribe.

Recommended.

FairMoney

FairMoney Shares Seven Tips to Help Nigerians Make Their Salaries Last Until Payday

November 4, 2026
OPay NYSE IPO

OPay Explains How Customers Can Check Eligibility for FG’s N50,000 Monthly Cash Support

November 4, 2026
Flutterwave

Flutterwave’s European Expansion Faces Fresh Setback as Cyprus Regulator Blocks Netinfopay Deal

November 3, 2026
OPay NYSE IPO

OPay NYSE IPO Put on Hold, Customers Can Continue Transactions Without Disruption

November 3, 2026
FairMoney

FairMoney Says Compliance Key to Building Trust in Digital Banking

October 23, 2026
TWIF Changemakers Awards

African Fintech Startups Invited to Apply for Inaugural TWIF Changemakers Awards

September 30, 2026
CBN

CBN Faces ₦8.57tn Liquidity Surge as ₦2.59tn OMO, Bond Payments Hit Banks

September 27, 2026
NGX

NGX Launches WhatsApp Channel to Expand Access to IPOs and Public Offers

September 23, 2026

Fintech Insights

Get Latest Banking News, Fintech News, Business News, Mobile Banking Innovations, Digital Payments, Regulations, and Expert Insights From Fintech Insights

Office Address & Email

Noland House, 12 – 13 Poland Street, London, W1F 8QB

editor@thefintechinsights.com

 

Recent News

FairMoney

FairMoney Shares Seven Tips to Help Nigerians Make Their Salaries Last Until Payday

November 4, 2026
OPay NYSE IPO

OPay Explains How Customers Can Check Eligibility for FG’s N50,000 Monthly Cash Support

November 4, 2026
Flutterwave

Flutterwave’s European Expansion Faces Fresh Setback as Cyprus Regulator Blocks Netinfopay Deal

November 3, 2026

Categories

  • Agritech
  • Banks
  • Companies
  • Dividends
  • Fintech
  • Fintech Jobs
  • Fraud Watch
  • Inclusion
  • Income Tax
  • Interviews
  • Investments
  • Lending
  • Loans
  • Markets
  • Money
  • Oversight
  • Partners
  • Regulatory
  • Spotlight
  • Startups
  • Top Stories
  • Uncategorized
  • YouTube

  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

© TheFintechInsights.com

No Result
View All Result
  • Fintech
  • Banks
  • Fraud Watch
  • Interviews
  • Markets
  • Startups
  • Fintech Jobs
  • Investments

© TheFintechInsights.com