According to German outlet BILD, negotiations are ongoing between Eintracht Frankfurt and Club Brugge over the transfer fee.
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The Nigerian international is expected to sign a five-year contract if an agreement is reached.
Frankfurt have tracked the 24-year-old since last summer and renewed their interest during the winter transfer window.
The Bundesliga club are prepared to offer between €8 million and €10 million for the midfielder.
With Onyedika’s contract running until 2027, Club Brugge are under growing pressure to reach an agreement. He joined the Belgian champions from FC Midtjylland in 2022.