MTN seeks Nigerian buyers for 30% IHS stake worth up to $1.1 billion

NAIRAMETRICS | 27-08-2026 11:16am |

MTN Group is seeking local investors to acquire a 30% stake in IHS Nigeria, as part of conditions attached to its acquisition of IHS Holding Limited. The proposed stake sale is expected to raise between $900 million and $1.1 billion. This move is aimed at satisfying regulatory requirements and boosting local participation.

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