MTN CEO RESIGNED FROM HIS POSITION

The CEO of the Africa’s prestigious and biggest network resigned. His name is Michael Ikpoki, also Akinwale Goodluck, the head of Regulatory and Corporate Affairs has also resigned.

“MTN Nigeria’s CEO Michael Ikpoki and the head of Regulatory and Corporate Affairs Akinwale Goodluck have tendered their resignations with immediate effect,” MTN informed investors on Thursday morning.

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Their sudden resignations came at a time the company is trying to pay a $5.2 billion (R71 billion) fine imposed on the company by the Nigerian Communications Commission (NCC) over MTN Nigeria’s failure to register customers.