OPay Secures Approval for NGX Listing After NYSE Debut

OPay has secured board and shareholder approval to pursue a secondary listing on the Nigerian Exchange Limited (NGX) following its primary listing on the New York Stock Exchange (NYSE). This information was disclosed in a Form F-1 registration statement filed with the United States Securities and Exchange Commission on October 9, 2026.

The approval allows OPay to move forward with plans to list its shares on the NGX, potentially offering local investors a new opportunity to invest in the digital payments company. However, the secondary listing is contingent upon market conditions and adherence to Nigerian laws and regulatory requirements.

The filing indicates that while the approval is a significant step, it does not guarantee an immediate start to trading on the NGX. OPay did not specify a date for the proposed listing and warned that shares on the NGX may not be interchangeable with American Depositary Shares traded on the NYSE unless proper arrangements are made.