Dozie still owns a 1.6-percent stake in the telecom service provider.
MTN Nigeria
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Toriola has been at the helm of MTN Nigeria since 2020.
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The approval comes five months after MTN Nigeria received preliminary approval from the Central Bank of Nigeria.
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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.
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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.
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Ernest Ndukwe-led MTN Nigeria renews Nigerian license for next 10 years
by Ishioma Emiby Ishioma EmiThe company is Nigeria’s largest telecom operator.
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Ernest Ndukwe-led MTN Nigeria wants to invest $1.46 billion to expand network infrastructure in country
by Ishioma Emiby Ishioma EmiMTN Nigeria is a subsidiary of the South African multinational telecom giant MTN Group.
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Odili holds a 3.96-percent stake in the company.
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