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Karl Toriola
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CEO of MTN Nigeria, overseeing the company's strategic direction and operations.
News published about Karl Toriola
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MTN Nigeria swings to ₦750 billion profit in September 2025, restores dividends
Bendada.com - Oct 31, 2025
MTN Nigeria has 85.4 million mobile subscribers as of September 2025. Active data users increased by 12.8% to 51.1 million in nine months.
MTN NigeriaMoMo PSBNigerian Telecom MarketKarl ToriolaFintech Services
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Breaking: MTN Nigeria secures roaming agreement with T2 Mobile
Bendada.com - Sep 18, 2025
MTN Nigeria secured approval from the NCC to lease frequency spectrum from T2 Mobile Limited. The spectrum lease agreement will be effective from October 1 for a duration of three years.
MTN NigeriaNigerian Communications CommissionNatcom Development and Investment LtdT2 Mobile LimitedKarl Toriola
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MTN Nigeria posts ₦414 billion profit in H1’25 on increased data growth, stable FX
Bendada.com - Jul 31, 2025
MTN Nigeria achieved a half-year profit of ₦414 billion in 2025. The company's revenue grew 54.5% to ₦2.3 trillion in the first half of 2025.
MTN NigeriaXtratimeMoMo PSBFibre-to-the-homeKarl Toriola
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Joy is coming for MTN shareholders
Bendada.com - May 02, 2025
MTN Nigeria incurred negative shareholder equity of ₦324.6 billion, stalling dividend payments. The company reported net forex losses of ₦740.4 billion in 2023 and ₦925.4 billion in 2024.
Nigerian NairaMTN NigeriaIHSKarl ToriolaMTN Group
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MTN Nigeria returns to the black with ₦133.7 billion Q1 profit, first since 2023
Bendada.com - Apr 30, 2025
MTN Nigeria returned to profitability with a profit of ₦133.7 billion in Q1 2025. The telecom firm added 3.2 million new subscribers, bringing the total to 84 million.
MTN NigeriaXtratimeMoMo PSBIHS TowersKarl Toriola
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