OPay IPO Plan Validates Nigerian Exchange Group’s Push For Homegrown Tech Listings

The prospect of Nigerian investors owning a direct stake in OPay, has gained fresh momentum following reports of its planned Initial Public Offering in the United States and a potential secondary listing on the Nigerian Exchange (NGX).
The development is being seen as a major validation for Nigerian Exchange Group Plc (NGX Group), which just two months ago took its campaign for local listing of tech giants to the Presidency.
On August 6, 2026, the Board and Management of NGX Group, led by its chairman, Alhaji Umaru Kwairanga, and Group managing director/chief executive officer, Mr. Temi Popoola, met with President Bola Tinubu in Abuja, where they made a strong case for a deliberate na...