Tag: MTN Group

Nigerian monarch Lamido Sanusi, the Emir of Kano, takes home N442 million from MTN

Lamido Sanusi, Emir of Kano, received N442 million from MTN in 2025 as the telecom firm posted a recovery in key African markets.

Omokolade Ajayi Omokolade Ajayi

MTN CEO Ralph Mupita earns $4.1 million as telecom giant returns to profit

MTN Group posts $2.81 billion profit; CEO Ralph Mupita takes home $4.1 million in 2025 compensation.

Omokolade Ajayi Omokolade Ajayi

Africa’s largest telecom operator MTN plans Syria exit, cuts Middle East exposure

MTN Group plans to exit Syria, reducing Middle East exposure, while Nigerian operations boost profits and strengthen earnings.

Omokolade Ajayi Omokolade Ajayi

MTN Group forecasts massive rebound after MTN Nigeria posts $820 million profit

MTN Group expects earnings rebound as MTN Nigeria reports $820 million profit and free cash flow jumps 215 percent.

Omokolade Ajayi Omokolade Ajayi

IHS weighs $685 million Latam tower sale after $6.2 billion bid from MTN Group

IHS Holding plans $685 million sale of Latin America assets as MTN Africa moves to acquire the company’s core African operations.

Omokolade Ajayi Omokolade Ajayi

Ninety One’s MTN stake tops $1 billion as Africa telecom bet deepens

Ninety One lifts MTN holding above $1 billion, joining top shareholders amid Africa telecom growth and strategic expansion.

Omokolade Ajayi Omokolade Ajayi

MTN expands leadership, appoints Karl Toriola VP Francophone Africa

Toriola, who continues to serve as CEO of MTN Nigeria, Africa’s largest listed telecom operator by revenue, brings over two decades of industry experience to the new role.

Timilehin Adejumobi Timilehin Adejumobi

5 billionaire-backed companies that dominate the African market 

Five billionaire-backed firms dominate Africa’s economy—from cement and telecoms to retail and pharma—fueling growth, trade and innovation.

Timilehin Adejumobi Timilehin Adejumobi