MTN eyes investors for $1.1bn IHS Nigeria stake after deal with regulator

BusinessDay | 26-08-2026 09:45pm |

MTN Group Ltd. is seeking local investors to acquire a 30% stake in IHS Nigeria Plc., following an agreement with regulators. The stake is valued at approximately $1.1 billion. This move is part of MTN's strategy to comply with regulatory requirements and strengthen local participation in the telecom infrastructure sector.

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