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OPay Secures Board, Shareholders’ Approval to List on Nigerian Stock Exchange
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Published 10/12/2026 6:19:00 PM
OPay Secures Board, Shareholders’ Approval to List on Nigerian Stock Exchange – THISDAYLIVE
Dike Onwuamaeze
In line with Nigerian Exchange Group Plc’s (NGX Group) advocacy for leading Nigerian businesses to list domestically, OPay has secured board and shareholders approval to pursue a secondary listing on Nigerian Exchange Limited (NGX).
This followed the completion of its planned primary listing on the New York Stock Exchange (NYSE).
A statement titled, “NGX Group’s Push for Local Tech Listings Gains Attention Amid OPay IPO Plans,” which was issued by the NGX said that the decision was disclosed in OPay’s Form F-1 registration statement filed with the United States Securities and Exchange Commission (SEC) on October 9, 2026.”
The development comes barely two months after the board and management of NGX Group, led by its Chairman, Dr. Umaru Kwairanga, and Group Managing Director/Chief Executive Officer NGX, Temi Popoola, met with President Bola Ahmed Tinubu, where they advocated a deliberate national strategy to encourage leading Nigerian businesses, particularly technology companies, to list domestically or pursue dual listings.
During the August 6 engagement, Popoola specifically identified OPay among the major fintech companies whose participation in the domestic capital market could broaden investment opportunities for Nigerians. His proposition was anchored on a broader ambition: ensuring that companies generating significant economic value from Nigeria also provide opportunities for domestic investors to participate in their growth and long-term wealth creation.”
Popoola has consistently advocated moving Nigerians beyond their roles as consumers, employees and users of services to become shareholders in the businesses driving economic growth.
The state said, “For a company such as OPay, whose growth is supported by a substantial Nigerian customer base, a domestic listing could provide an opportunity for its users to participate in its ownership and share in the value it creates.”
The statement said that OPay’s formal disclosure gives greater substance to this proposition as its proposed IPO in the United States of America would provide access to international capital, and the planned secondary listing on NGX could establish an additional pathway for Nigerian investors to participate in the company’s growth, bringing domestic ownership into a business with a significant presence in Nigeria’s digital financial services sector.
It said: “The company is pursuing an initial public offering (IPO) of American Depositary Shares (ADSs) and has applied to list on the NYSE under the proposed ticker symbol “OPAY”.
“The planned Nigerian listing remains subject to market conditions and applicable regulatory approvals.”
For NGX Group, the development reinforced the relevance of its ongoing engagement with policymakers, regulators and corporate leaders to position the capital market as a central platform for long-term capital formation.
Although OPay has secured the necessary corporate approvals to pursue a Nigerian listing, the transaction remains contingent on the completion of its NYSE listing and compliance with applicable Nigerian regulatory and market requirements.
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Jobberman Nigeria, Nigeria’s leading career development and recruitment solutions company, has launched ‘Her Next Move’, a campaign designed to empower young Nigerian women with practical skills and confidence to pursue career opportunities and participate more fully in the workforce.
Through free online training, the initiative supports women aged 18 to 35 as they prepare to enter the workplace, advance into better roles or explore freelance and gig work.
Built around the message ‘Your Future. Your Skills. Your Move’, the campaign places female inclusion at the centre of career development, encouraging women to take an active role in shaping their professional futures. It connects the ambition to progress with an accessible starting point: learning skills that can help women prepare for their next opportunity.
‘Her Next Move’ recognises that career progress looks different for every woman. For a graduate, it may mean preparing for a first job. For a woman already working, it may involve developing the skills to take on greater responsibility or pursue a new role. For another, it may mean understanding how to navigate freelance work and participate in the global gig economy. The campaign brings these aspirations together through a shared emphasis on learning, preparation and action.
This Initiative by Jobberman in partnership with Mastercard Foundation promotes two courses: Jobberman Soft Skills Training and Becoming a Successful Global Gig Worker. Both courses are free, with a free certificate upon successful completion.
Jobberman Soft Skills Training focuses on workplace readiness, helping participants build the professional skills needed to navigate work and prepare for career progression. Becoming a Successful Global Gig Worker introduces participants to the demands and opportunities of freelance and gig work, supporting women interested in exploring career paths beyond traditional employment.
By making the training and certification available at no cost, ‘Her Next Move’ reduces the financial barrier to participation and encourages more young women to invest in their professional development. Its focus extends from raising awareness of learning opportunities to helping participants follow through and complete their chosen course.
To bring the campaign to life, Jobberman is working with young creators who are sharing personal stories about ambition, career transitions and the role of learning in their journeys. Through videos, social media posts and follow-up conversations, the creators encourage young women to reflect on their own goals and identify the practical steps they can take towards them.
These stories are intended to make career development relatable, connecting everyday aspirations with opportunities to learn. Across the campaign, the question “What is your next move?” invites women to define progress for themselves and begin preparing for it.
‘Her Next Move’ reinforces Jobberman’s and Mastercard Foundation’s commitment to supporting career development and expanding access to learning for young Nigerian women. By combining free skills training with relatable storytelling and encouragement to take action, the campaign seeks to help more women feel prepared to pursue their ambitions.
