$5.2b NCC Fine: CEO of MTN Nigeria Resigns Appointment

Michael Ikpoki [above], CEO of MTN Nigeria, has resigned his appointment with immediate effect in a major shake-up at the telecoms giant. 

Akinwale Goodluck, the head of regulatory and corporate affairs, has also resigned. 

The new CEO is Ferdi Moolman while Amina Oyagbola takes over as the head of regulatory and corporate affairs. 

These changes are thought to be in response to the N1.04 trillion fine imposed on the company by the national Communications Commission [NCC].

MTN Nigeria was fined for failing to deactivate 5.2 million unregistered SIM cards.

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