One of Nigeria’s leading financial institutions, OPay, has announced the inclusion of the University of Calabar (UNICAL) as the eighth beneficiary of its landmark N1.2 billion 10-year scholarship scheme.
The financial institution signed a Memorandum of Understanding (MoU) with the university for the scholarship scheme.
The event was attended by representatives of OPay, senior staff of the university and some student representatives. The event highlighted OPay’s long-term commitment to supporting the education of promising young Nigerians by easing financial pressures for selected students across Nigeria.
During the ceremony, the Vice Chancellor of UNICAL, Prof. Florence Obi, expressed delight for the initiative.
She said: “OPay’s generosity is deeply appreciated. This scholarship programme is a very welcome initiative. This scholarship programme, in addition to the existing support schemes, will help many of our students and inspire and encourage them to excel in their academics.”
The Head of Partnerships at OPay, Mr. IK Odiase, emphasised the significance of education in driving national progress and innovation.
“We are honoured to partner the University of Calabar on this impactful journey over the next 10 years. Education is the cornerstone of nation-building, and we remain committed to ensuring that students across Nigeria have the support they need to succeed,” he said.
Beyond monetary support, the initiative represents a beacon of hope for countless families and communities.
Following successful launches in seven other universities this year, the University of Calabar (UNICAL) became the latest institution to benefit from OPay’s deliberate commitment to advancing education.
As OPay expands this programme to more campuses, it reinforces its conviction that true change begins with access to knowledge.
This scholarship scheme stands as clear proof of OPay’s mission to nurture talent and shape a more inclusive and promising future for young Nigerians.
