Northern Nigerian Breaking News

Dozie, Odili, Dasuki… See Billionaires Who Own MTN Nigeria


After going public on Thursday, MTN Nigeria has brought itself under the scrutiny of the investing public; all its progress and otherwise will now be subject to the corporate governance laws of the Nigerian Stock Exchange.

In line with this, the media also has a duty to monitor how transparent or opaque a public limited company is, at every point of its institutional history.

According to TheCable, it obtained the list of shareholders, who now own billions in the second biggest company on the Nigerian Stock Exchange.

While the MTN Nigeria is still controlled by MTN Group, the parent country, some notable Nigerians hold billions in the telecommunications company.

Here’s a full list of those who own MTN Nigeria as at May 17, 2019.

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MTN International Limited           1.68 trillion          76.08

Stanbic IBTC Asset Management Limited      213.7 billion        9.64

Mobile Telephone Network        60.95 billion        2.75

Government Employees Pension Fund  38.69 billion        1.75

Victor Odili          87.87 billion        3.96

Pascal Dozie       37.07 billion        1.67

Sani Mohammed Bello  28.87 billion        1.30

Babatunde Folawiyo       23.83 billion        1.08

Gbenga Oyebode            19.80 billion        0.89

Ahmed Dasuki   19.35 billion        0.87

Karl Olutokun Toriola      100.10 million     0.005

Total      2.22 trillion          100

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