Opay to Sponsor 20 LASU Students with ₦60m Scholarships!

Reported by Marian Opeyemi Fasesan | Sele Media Africa

In a landmark partnership, Opay Digital Services Limited has signed a Memorandum of Understanding (MoU) with Lagos State University (LASU) to sponsor 20 indigent but brilliant students with scholarships worth ₦60 million over the next 10 years.

What We Know:

• The MoU was signed at LASU’s main campus in Ojo, Lagos.
• The scholarship scheme will support tuition, books, and living stipends for selected students.
• The ₦60 million endowment will be disbursed in phases, targeting two students per academic session for the next decade.

Statements:

• Opay’s representative said the initiative aligns with their “commitment to digital inclusion through education.”
• LASU Vice Chancellor Prof. Ibiyemi Olatunji-Bello praised the partnership, calling it “a boost to our drive for accessible and quality education.”

Why It Matters:

• The initiative provides long-term educational support for underprivileged students.
• It sets a precedent for corporate-social responsibility in Nigeria’s fintech industry.

Citations:

1. LASU Official Bulletin – Oct. 2025
2. Opay CSR Reports – www.opay.ng
3. Vanguard Nigeria – www.vanguardngr.com

About The Author