OPay Plans US IPO and Nigerian Exchange Listing in 2026

OPay's intention to pursue an Initial Public Offering in the United States and a potential secondary listing on the Nigerian Exchange (NGX) has gained momentum, validating the Nigerian Exchange Group Plc's (NGX Group) recent efforts to promote local listings of technology companies. On August 6, 2026, NGX Group's chairman, Alhaji Umaru Kwairanga, and Group managing director/chief executive officer, Mr. Temi Popoola, met with President Bola Tinubu in Abuja to advocate for a national strategy encouraging leading Nigerian businesses to list domestically.

Popoola highlighted OPay as a transformative fintech for the market, arguing that companies benefiting from Nigeria's large population should allow Nigerians to share in their wealth creation. The proposed listing could enhance NGX liquidity and broaden its technology representation, connecting investors to the growing digital economy.

The listing is subject to regulatory approvals and market conditions. Analysts noted that as Nigeria aims for a trillion-dollar economy, its capital market must enable citizens to invest in companies driving growth.