The Red Devils and Shanghai Shenhua reached a club-to-club agreement on Sunday but the paperwork was finalized few minutes ago.
After Marcus Rashford suffered an injury against Wolverhampton Wanderers in the Emirates FA Cup, United signed Ighalo on loan four months ago to provide cover for the England star.
Though Rashford is nearing a return to full fitness, the 2019 Africa Cup of Nations top scorer has reaped the rewards for his imperious displays with United offering him a new deal.
Before the suspension of football activities in England due to the coronavirus outbreak, Ighalo scored four goals in eight games.
The 30-year-old is eligible to represent Manchester United in the Premier League, FA Cup and Europa League for the remainder of the 2019-2020 season.
Ifeanyi Emmanuel
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