MTN Nigeria
Karl Toriola-led MTN Nigeria faces economic hurdles, reports over $80-million loss
Toriola attributes losses to currency devaluation, inflation, and higher operating expenses.
Nigerian billionaire Mike Adenuga’s Glo faces service disruption over unpaid interconnect charges
According to the notice, the NCC has granted partial approval for the disconnection of Glo from MTN Nigeria.
Nigerian executive Karl Toriola earns $2.6-million salary from MTN Group
A seasoned Nigerian business executive, Karl Toriola, took the helm as the CEO of MTN Nigeria in October 2020
Nigerian businessman Pascal Dozie’s stake in MTN Nigeria surges by $8 million
The surge in the market value of Dozie’s 1.6-percent stake in MTN Group can be attributed to renewed investor interest.
Over $20 million vanishes from Nigerian tycoon Victor Odili’s MTN Nigeria stake in a month
Victor Odili, regarded as one of Nigeria’s wealthiest businessmen, has a 3.96 percent stake in MTN Nigeria.
MTN Nigeria CFO Modupe Kadri boosts stake with additional 1,031,000 shares
Kadri assumed the role of CFO in March 2020 after an extensive tenure at MTN Nigeria, which began in 2007.
MTN Nigeria CEO Karl Toriola’s daughter acquires shares in company
While Damilola joins the ranks of the group’s minority shareholders, her father, Toriola holds a stake of 0.0201 percent in MTN Nigeria.
Nigerian shipping tycoon Victor Odili’s stake in MTN Nigeria has slumped by $21.5 million within 48 hours
Odili is a former non-executive director of MTN Nigeria, one of Africa’s largest telecom providers.
Meet Victor Odili: Nigerian shipping tycoon with $430 million stake in MTN Nigeria
Odili ranks as one of Nigeria’s richest businessmen.
Nigerian shipping tycoon Victor Odili’s stake in MTN Nigeria now worth $350 million
Odili is also the chairman and executive director of Aeromaritime Group.
Nigerian mogul Pascal Dozie’s stake in MTN Nigeria now worth $148 million
Dozie still owns a 1.6-percent stake in the telecom service provider.
Led by Karl Toriola, MTN Nigeria plans to raise $54 million from capital market investors
Toriola has been at the helm of MTN Nigeria since 2020.
MTN Nigeria, led by Karl Toriola, receives approval to launch payment service bank
The approval comes five months after MTN Nigeria received preliminary approval from the Central Bank of Nigeria.
Karl Toriola-led MTN Nigeria launches $206-million public offering aimed at local retail investors
MTN Nigeria is one of Africa’s largest telecom services providers, connecting 68 million people across Nigeria.
Karl Toriola-led MTN Nigeria receives preliminary green-light to operate payment service bank
Both MTN Nigeria and Airtel Africa have received approval-in-principle for a service bank license.