Tag: Karl Toriola

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Led by Karl Toriola, MTN Nigeria’s 5G roll-out bid receives massive boost after spectrum license acquisition

The development comes hours after the telecom giant closed its first public offering of millions of shares held by MTN Group.

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.


Kenyan tycoon John Kimani gains $3.7 million in 45 days

Kimani, known for his diverse investment portfolio, owns a 34.54-percent stake, equivalent to 6,762,133 shares, in Kakuzi. 

Hip-hop’s first billionaire Jay-Z scores legal win, pocketing $7.2 million

The legal saga began in 2016 when Parlux, renowned for its ties with pop culture icons and fashion houses, filed a lawsuit against Jay-Z.

World’s richest Black woman Oprah Winfrey settles trademark lawsuit over ‘Oprahdemics’ podcast

Despite losing more than $100 million in 2022, the “Queen of Talk” remains the World’s richest Black woman.

Burkinabe tycoon Idrissa Nassa’s Coris Bank acquires Societe Generale’s assets in Mauritania, Chad

The latest move places Nassa-led bank as a key player among the new generation of emerging lenders.