Business

SOUTH AFRICAN BASED COMPANY, MTN APPOINTS EMIR OF KANO AS ITS NON-EXECUTIVE DIRECTOR

Telecommunications giant, MTN have announced the appointment of the former Central Bank Of Nigeria Governor and Emir of Kano, Muhammadu Sanusi as a Non-Executive Director of the company.

The appointment is scheduled to take effect from July 1, 2019. This is a part of a board room shake-up at Africa’s biggest wireless carrier.

The company also confirmed South Africa’s former deputy finance minister, Mcebisi Jonas as the new chairman of the group.

In recent times, MTN has prepared a list on its local unit on the Nigerian Stock Exchange as part of conditions of the settlement of a $1 bn regulatory action three years ago.

MTN also announced that it will name a separate board of prominent people to advise on broader African issues, which will be headed by former South African president Thabo Mbeki and includes John Kufuor, a former president of Ghana.

Editor

Recent Posts

Bobrisky’s Alleged Prison Scandal Sparks Major Controversy

Nigerian crossdresser, Okuneye Idris Olanrewaju, popularly known as Bobrisky, has become embroiled in a scandal following revelations about his brief…

2 days ago

Soludo Declares Free Education for All Public School Students in Anambra

Governor Chukwuma Soludo of Anambra State has introduced free education for all students in public primary and secondary schools across…

2 days ago

Federal Government to Revamp Six National Museums in Cultural Initiative

The Federal Government has unveiled plans to rejuvenate six national museums as part of efforts to safeguard Nigeria’s cultural heritage.…

2 days ago

EFCC Files New N110bn Fraud Charges Against Ex-Governor Yahaya Bello Amid Ongoing Money Laundering Case

The Economic and Financial Crimes Commission (EFCC) has filed fresh charges against former Kogi State Governor, Yahaya Bello, accusing him…

3 days ago

Nigeria’s Forex Market Surges to N15.74tn as Naira Faces Continued Depreciation

The value of foreign exchange turnover in Nigeria's Autonomous Foreign Exchange Market surged to N15.74tn ($9.90bn) in August 2024, according…

4 days ago

ASUU Issues 14-Day Ultimatum to Tinubu Government Over Unfulfilled Agreements

The Academic Staff Union of Universities (ASUU) has issued a 14-day ultimatum to the Nigerian government under President Bola Tinubu,…

4 days ago