MTN Group CEO resigns amid $5.2bn NCC fine

The MTN Group on Monday said its Chief Executive Officer will resign immediately as the telecoms firm continued talks with the Nigerian government over a $5.2 billion fine.

The Africa’s biggest mobile phone company says the CEO Sifiso Dabengwa will be replaced by non-executive chairman Phuthuma Nhleko for a maximum of six months.

The MTN Group on Monday said its Chief Executive Officer will resign immediately as the telecoms firm continued talks with the Nigerian government over a $5.2 billion fine.

The Africa’s biggest mobile phone company says the CEO Sifiso Dabengwa will be replaced by non-executive chairman Phuthuma Nhleko for a maximum of six months.

Source: Today

Osasu Igbinedion

The Osasu Show (TOS) is a one stop development programme that focuses on the promotion and implementation of Sustainable Development in Africa, predominantly Nigeria. The Osasu Show provides information from state actors to non-state actors and vice- versa regarding economic, social, and environmental policies that cuts across borders.

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