Nigerian fintech OPay is seeking a listing in the United States and also pursuing access for Nigerian investors. Reporting based on a filing, OPay submits for an initial public offering (IPO) in New York, with market participants expecting pricing in mid-November and a valuation cited around $4 billion.
Separate coverage also says OPay has obtained board and shareholder approvals to pursue a secondary listing on the Nigerian Exchange (NGX) after its proposed NYSE debut. Outlets referencing OPay’s Form F-1 registration statement and related prospectus information describe the NGX plan as a way to broaden domestic ownership, while highlighting a wider push for more tech listings on Nigeria’s local market.
Across the articles, the main differences are the emphasis on timing and expected valuation for the US IPO versus the governance and approvals underpinning the NGX secondary listing. Some reports also focus on prospectus details, including named directors and executives connected to the share sale plan for Nigerians.