This much was confirmed on Wednesday morning.
The fee is believed to be in the region of €15million.
Lookman is currently undergoing medicals in Italy.
All necessary documents will be signed by all parties involved subject to a successful medicals.
The Super Eagles forward spent last season on loan at English club, Leicester City FC.
In February this year, F.I.F.A had approved Lookman’s switch from England to play for Nigeria.
The RB Leipzig player is known for his trickery and pace down the flanks.