OPay has halted its initial public offering on the New York Stock Exchange due to a regulatory inquiry in an immaterial jurisdiction. The Nigeria-focused payments firm reassured that its operations in Nigeria and other markets remain unaffected. The decision was made after discussions with underwriters, and OPay expressed confidence that the inquiry will be resolved satisfactorily in the near future. The halted IPO was initially priced at $19 per American depositary share, raising $304 million.