IHS Towers’ $147M Q3 profit driven by naira gains, masking MTN churn

Investors, who have weathered four years of steep losses, may welcome the black ink, but a closer look reveals the profit was fueled by a $353.6 million favourable swing in net finance costs.

IHS stocks jumps 8% on better than expected Q2 2025 results

The New York-listed shares rose 8% to $7.33, a stark recovery from the $2 level where the stock hovered for most of 2024.

Naira Boost, improved revenue drives IHS Towers to profitability since 2021

The improving backdrop in Nigeria, marked by greater stability in the naira and recent tariff increases, is bolstering confidence.

IHS Towers narrows losses to $1.64 billion in 2024 amid Nigerian currency volatility

Since its 2021 New York Stock Exchange listing, IHS Towers has faced investor pressure due to persistent losses, resulting in a significant market value decline