OPay has expanded its N1.2 billion 10-year scholarship programme to 25 tertiary institutions across Nigeria following the signing of a new Memorandum of Understanding (MoU) with Miva Open University.

The company disclosed this in a statement, saying the scholarship initiative is designed to support Nigerian students facing financial challenges in pursuing tertiary education.

According to OPay, what began as a long-term commitment covering 20 tertiary institutions has now grown to 25 partner institutions, with plans to reach more than 40 institutions by 2026.

The N1.2 billion scholarship programme is part of the broader OPay Scholars Programme, which also includes the OPay National Innovation Challenge, implemented in partnership with Google and 3MTT, as well as OPay Futures.

OPay said the initiative reflects its long-term commitment to supporting education, innovation and the development of young Nigerians.

The company added that the programme is intended to help students remain in school, focus on their studies and complete their education despite financial difficulties.