• About
  • Advertise
  • Privacy & Policy
  • Contact
Tuesday, July 1, 2025
  • Login
  • Cover
  • News
  • Politics
  • Business
  • Security
  • Entertainment
  • World
  • Sports
  • Editorial
  • Interview
No Result
View All Result
Newsdesk Africa
Advertisement
  • Cover
  • News
  • Politics
  • Business
  • Security
  • Entertainment
  • World
  • Sports
  • Editorial
  • Interview
No Result
View All Result
Newsdesk Africa
No Result
View All Result
Home Business

MTN: We’ve paid N3.5trn taxes, N2.5trn dividends

Our Reporters by Our Reporters
April 28, 2022
in Business
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

MTN Nigeria had paid N3.5 trillion as levies and taxes to government since its inception.

The Chief Executive Officer (CEO) of MTN, Mr. Karl Toriola, who said this in his address at the ‘Brunch with Karl’ at Lagos Business School, on Wednesday, also said that the organisation had committed over N3.4 trillion on capital investment.

Toriola said that MTN had enabled broad socio-economic development by creating values for shareholders, with over N2.5 trillion dividends paid since inception.

The CEO, who assured that shareholders would be smiling to the bank, said that more than 30 million Nigerians had benefited from N28 billion investments through MTN Foundation.

According to him, MTN is a community that connects to the society and is truly committed to showcasing and developing the boundless talents of the people.

“MTN has been enabling broad socio-economic development by supporting financial infrastructure through over 174,500 ATMs and POS for electronic payments, while it has also created alternative payment channels to 9.4 million active customers.

“It has equally provided high-capacity internet for over 160 public and private universities, polytechnics and colleges,” he said.

According to Toriola, MTN has committed N28 billion, through Yello Jppe Initiative, to support broad base of stakeholders.

He expressed the organisation’s commitment to carrying out its corporate social responsibility, stressing that it had provided jobs in every local government across Lagos.

Previous Post

Putin warns of “lightning response” to intervention in Ukraine

Next Post

FG extradites Nigerian suspect to U.S. over $148,000 romance scam

Next Post

FG extradites Nigerian suspect to U.S. over $148,000 romance scam

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

https://youtu.be/FHyJ1Wr0FAk?si=0WVYI_2OR4OrIrQ4
https://youtu.be/gbE3azm_Io0?si=GdE3Mqelo1ujTNla
Reps commend Niger govt’s efforts to curb banditry 
News

Reps commend Niger govt’s efforts to curb banditry 

by Hassan Tanko
July 1, 2025
0

The House of Representatives has taken a significant step towards addressing the security challenges in Niger State by commending Governor...

Read moreDetails
Insecurity: Nigeria’s 800-strong Elite force ready

Insecurity: Nigeria’s 800-strong Elite force ready

July 1, 2025
2027: Atiku, Mark woo PDP leaders to embrace coalition

2027: Atiku, Mark woo PDP leaders to embrace coalition

July 1, 2025
FCTA to build new INEC HQ in Abuja

INEC to introduce new rules on review, declaration, return at elections

July 1, 2025
NNPCL announces milestone on AKK Pipeline, records 100% crude oil pipeline availability 

NNPCL announces milestone on AKK Pipeline, records 100% crude oil pipeline availability 

July 1, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

Copyright© 2022-2025 Newsdesk Africa Published by Glossy Affairs Ltd. Tel: +2348152359152. Email: info@newsdeskafrica.com.ng editor@newsdeskafrica.com.ng

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Homepage

Copyright© 2022-2025 Newsdesk Africa Published by Glossy Affairs Ltd. Tel: +2348152359152. Email: info@newsdeskafrica.com.ng editor@newsdeskafrica.com.ng