Recall AllNews had earlier reported that Atta Aneke, Ighalo's agent confirmed the 30-year-old is set to extend his stay at Manchester United till the winter of next year.
The former Super Eagles frontman's stay was initially due to end on 31 May but he will now remain with the Red Devils until 31 January 2021, enabling him to build on an impressive start to life with his boyhood club.
Ighalo's tally of four goals in eight appearances so far includes at least one strike in each of his three starts - against Club Brugge, Derby County (2), and LASK.
Monday's confirmation is a timely boost for United boss Ole Gunnar Solskjaer, as he continues to prepare his squad for this month's resumption of competitive football.
The Premier League's proposed return date is 17 June and the Emirates FA Cup quarter-finals have been lined up for the weekend of 27 and 28 June.
However, the actual fixtures are still to be finalised.
Ighalo will now hope to pick up from where he left off, after winning United's Goal of the Month award for March with a stunning strike in the Reds' last match - the impressive 5-0 victory over Austrian club LASK in the Europa League.
Solskjaer discussed the outlook for Ighalo's loan deal last week when he appeared as a special guest on MUTV Group Chat.
READ ALSO: EPL: What Many People Don't Know About Me - Man United's Ighalo
The manager said: “They [Shanghai Greenland Shenhua] have been great towards us, allowing him to play for his dream club. It’s been a dream for him and hopefully he can finish what he started and win a trophy with us.”
The former Watford man had been offered a two-year contract extension with Shanghai worth £400,000 a week. But he was not moved by the money.
His current Shenhua contract expires in December 2022, but Shenhua wants to keep him until at least December 2024.
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