Tag: Karl Toriola.

MTN CEO, Others Face Arraignment For Alleged Breach Of Act

Ganiyu Amodu

The Federal Competition and Consumer Protection Commission will on May 28, arraign Karl Toriola, the Managing Director and Chief Executive Officer (MD/CEO) of MTN Nigeria Communications Plc. Toriola, MTN Nigeria Communications Plc and others will be arraigned over alleged failure to produce documents and information required by the commission in compliance with a lawful summons contrary to the FCCPC Act. The company and its CEO will be arraigned alongside Tobechukwu Okigbo, MTN’s Chief Corporate Services and Sustainability Officer and Ikenna Ikeme, General Manager, Regulatory Affairs of MTN, before Justice H.J.…

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MTN Begins Commercial Banking Services in Nigeria, Targets 70m Customers

Abibat Babalola

South African telecoms giant speaks on CBN approval, date of commencement, and the name if its bank Nigeria regulators have given South African telecommunication giant, MTN the go-ahead to run a conventional commercial bank. MTN, which started operations in Nigeria in 2001, will now be able to offer services offered by commercial banks except granting credit and processing foreign exchange transactions. READ ALSO:BREAKING: MTN, Mafab Pay $547.2m for 5G Licences Nigerian Parliament Indicts Agip, MTN, Glo, Others of Tax Evasion ‘The date of commencement will be communicated to the Central Bank…

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