OPay blames ‘harsh business conditions,’ COVID-19 as it closes business units

OPay Nigeria Thursday said it was putting on hold the operations of three of its units – ride-hailing services, ORide and OCar, and logistics service OExpress.

The payment company said harsh business conditions in the country, the ban on the operations of the commercial motorcycles, and the lockdown induced by COVID-19 pandemic badly impacted its businesses.

“Globally, ride-sharing businesses…