See Why MTN CEO and Corporate Affairs head resign

Updated Friday 4 December 2015 6:25

The Nigerian Communications Commission (NCC) imposed a N1.04 Trillion Fine on MTN Nigeria for failing to disconnect 5.1 million unregistered MTN Nigeria Subscriber Identification Module cards in August and September. Because of this fine, MTN CEO and Corporate Affairs head had to resign. But the fine has been reduced to N674bn. The Chief Operating Officer of MTN Irancell, Ferdi Moolman, and Amina Oyagbola, were appointed to replace Ikpoki and Goodluck respectively.

Did you know? You can comment on this post! Just scroll down

Speaking on this development, the Executive Chairman, MTN Group, Phuthuma Nhleko, said in a statement:

“This will enable MTN to continue to realise its strategy and vision, while also ensuring that we achieve high governance standards and robust risk mitigation.

“As I said in my last communication to you, MTN employees are the key to the success of our organisation and I continue to appreciate your support during this period of transition. Welcome to our new joiners and congratulations to those who are in new positions.”

Article Posted 9 Years ago. You can post your own articles and it will be published for free. No Registration is required! But we review before publishing! Click here to get started

Love This? Share It!

One Favour Please! Subscribe To Our YouTube Channel!

468k

Cook Amazing Nigerian Dishes, Follow Adorable Kitchen YouTube Channel!

1.1m

Like us on Facebook, Follow on Twitter

React and Comment

If this violates your rights in any way, please report it here and it will be taken down within 24 hours.

Click Here To Hide More Posts Like This

Watch and Download Free Mobile Movies, Read entertainment news and reports, Download music and Upload your own For FREE. Submit Your Content to be published for you FREE! We thrive on user-submitted content! But we moderate!