MTN Nigeria Board Appointments: Five New Directors Named

MTN Nigeria Communications Plc notified the Nigerian Exchange Limited and the investing public of five board-level appointments, all effective 1 December 2026. The two Independent Non-Executive Directors appointed are Mr. Ibrahim Dikko, who brings over 30 years of experience across banking, telecommunications and regulatory advisory, and Mr. Boye Olusanya, currently Group Chief Executive Officer of FMN Holdings Limited, with over 25 years of executive leadership experience.

The three Non-Executive Directors appointed are Professor Fabian Ajogwu, OFR, SAN, a Senior Advocate of Nigeria and professor of corporate governance at Lagos Business School who assisted the Securities and Exchange Commission in drafting Nigeria's first Code of Corporate Governance; Ms. Imoni Akpofure, who has held senior leadership roles at the International Finance Corporation and CDC Group; and Mr. Lwazi Bam, who joined MTN Group on 1 June 2026 as Group Chief Risk Officer and previously served as Chief Executive Officer of Deloitte Africa and Deloitte Southern Africa from 2012 to 2022. The filing states that the new directors are expected to bring experience and expertise to enhance board operations and contribute to the company's growth and future direction.