MTN Nigeria vests 3.77m shares to 106 employees

Billionaires Africa | 20.04.2026 17:56
Ralph Mupita, group president and chief executive of MTN Group, is reinforcing his commitment to the Nigerian market by rewarding high-performing staff with a significant equity stake. Under his leadership, the telecommunications giant vested 3,771,677 ordinary shares to 106 employees this week. The transaction, valued at roughly 2.8 billion naira, aligns the interests of local staff with the broader objectives of the Johannesburg-based parent company.