MTN revealed in its full year audited annual results, published on Wednesday, that Moolman took home N223.06 million (R8.23 million) as basic salary for the 12-month period of 2020, down from N260.74 million (R9.62 million) paid in the same period in 2019. This site uses Akismet to reduce spam. Press Release Distribution: A Cost-Effective Brand Expo... IWD 2021: CFM Leading The Charge In Women Empowerment. The company pays its specialist about ₦4.6 million per annum. You have entered an incorrect email address! Kindly share this postFerdi Moolman, the chief executive officer of MTN Nigeria has been named a Top CEO at the sixth edition of Businessday’s annual Top CEOs and Next Bulls awards. MTN Salary Structure: How Much Do MTN Nigeria Pay Staff in 2021, Salary of a Second Lieutenant in the Nigerian Army (2021), Highest Paying Federal Government Agencies in Nigeria & Salaries (2021). MTN pays its employees an average of R403,075 a year. His salary is up by a whopping 89.1% from the N302 million earned in 2017. The average salary for MTN Nigeria employees in Nigeria is ₦12,796 per year. Till date, no other network can boast of a wider coverage like MTN in Nigeria. Its head office is in Johannesburg. MTN Group Ltd. has awarded Executive Chairman Phuthuma Nhleko the sum of $5.6 million about(N2.4 Billion Naira) in pay and bonuses last year after he negotiated a reduced fine with Telecommunication regulator in Nigeria -Nigeria Communications Commission-(NCC) and shook up MTN Nigeria’s senior management. Karl Toriola – MTN Nigeria CEO (effective 1 March 2021) Yolanda Cuba – Vice President SEA (effective 1 January 2021) Ebenezer Asante – Vice President WECA (effective 1 January 2021) R Mupita Group President and CEO MTN South Africa CEO, Godfrey Motsa, took home ZAR 15.6 Mn (USD 875 K) in remuneration in 2019, which included a ZAR 7.3 Mn (USD 409 K) salary and ZAR 6.8 (USD 381 K) Mn as bonus. MTN CEO Rob Shuter was paid R42.9m in the financial year ended December 31 2018, up from R40.6m in 2017. MTN is a South Africa-based multinational mobile telecommunications company, operating in many African, European and Asian countries. MTN Nigeria Managers Salary This is one of the highest roles in MTN as you start earning a salary higher than both an entry level staff and a specialist. This page contains MTN salary structure and scale in case you want to know how much MTN Nigeria pay its staff this 2021. However, the biggest change was in post-employment benefits paid to Moolman, which more than tripled, jumping from R496,000 in 2019 to N44.18 million (R1.63 million) in 2020. The above is the amount of money or salaries MTN pay to their staff monthly and yearly. Entry level staff working for MTN earns ₦960 000 in a year which is somewhat low compared to other highest paying companies in Nigeria. Since then, the company and Moolman have achieved a lot, culminating in a ₦ 586 million salary he received in 2019. MTN Nigeria. Also note that this current salaries of MTN staff is subject to change with time. How Much Do MTN Nigeria Pay Its Contract Staffs? Dabengwa’s salary … Salaries at MTN range from an average of R103,261 to R830,117 a year. MTN Group president and CEO Sifiso Dabengwa took home a total sum of R28.1 million in 2014, including a R13.3 million bonus and share gains of R3.5 million. MTN Nigeria pays its managers a salary of about N9, 300 000 per annum. MTN employees with the … { "isFollowing": false, "isEEPActive": false, … 1. She loves telling stories behind the numbers. With the ever increasing Nigerian population, this licensed network operator has provided advanced digital satellites and centres to cater for the major cities in Nigeria, such as Lagos, Abuja, Port Harcourt, Owerri, Kano, Kaduna to mention but a few. 12,000,000 / yr. Legal Specialist salaries - 1 salaries reported. This data is collated by 75 employees from MTN Nigeria. The winner of the Lagos State Private Schools Spelling Bee sponsored by MTN Nigeria, Adeola Ademuwa Ifeoluwa, arrived at the company’s headquarters in a chauffeur-driven car as his parents beamed beside him.The 14-year-old student of Chrisfield College, Ikorodu, was full of excitement when the company’s CEO, Ferdi Moolman, handed over to him on the morning of Thursday, December 5, 2019. You can find out more about which cookies we are using or switch them off in settings. Moolman exited exit this role as MTN Nigeria’s CEO on March 1, 2021 after handing over to Toriola. It was former President Olusegun Obasanjo that commissioned MTN’s giant’s digital microwave transmission backbone in 2003 that made this possible. The Year 2020 And Economic Outlook Of 2021. Taking stocks to various states in Nigeria. Follow. READ ALSO: MTN Suspends Full-Year Dividend Amid Forex Scarcity. The amount above means that an MTN entry level staff is paid ₦80 000 per month. Moolman earned N586 million in 2019, 2.5% up from the N571 million he took home in 2018. They also deal in fast internet services as they provide data to their many subscribers around the country. However, MTN VP for the Middle East and North Africa, Ismail Jaroudi, was the top-earning prescribed officer, taking home ZAR 25 Mn (USD 1.4 Mn), while MTN Group’s COO, Jens Schulte-Bockum, … It was not until December 16, 2001 that the company started operating in Nigeria when it attempted a phone call at Maritime House in Apapa, Lagos. Direct report to CEO Direct report to COO Introduced to focus on governance, effective He joined the company in 2002 and had held several senior positions within the group in Nigeria and Iran. How Much Do MTN Nigeria Pay Its Specialist Staffs? Ife Ogunfuwa is an award-winning reporter who is versed in reporting business and economy, technology, gadgets reviews, telecoms, tax, and business policy review, among others. That is ₦775,000 per month. MTN numbering system prefix begins with 0803, 0806, 0813, 0816, 0703, 0706 and 0713. US VP Kamala Harris, Okonjo-Iweala Discuss Equitable Economic Growth. According to Banks’ Financial Transparency report, as at 2009, the bank ranked second on the list of highest paid bank CEO’s in Nigeria, with N88m per annum as salary for its CEO. The former CEO of MTN Nigeria, Ferdi Moolman, received a total of N619.6 Million (R22.86 million) in remuneration in 2020 before taking up a new appointment as the group chief risk officer this year. The group paid its top two executives a total of R65.46 million for the year, with other prescribed officers taking a combined R176.96 million for a total of R242.4 million. MTN Nigeria CEO Ferdi Moolman took home a total package of R17.6 million, including a salary of R9 million, bonuses worth R7.6 million, R448 000 in … Chief financial officer Ralph Mupita earned R22.54 million, while MTN SA chief executive Godfrey Motsa took home R23.5 million. Chevron is among the top paying oil and gas companies in the world. MTN Jobs by Salary. This amount increases as time passes as workers on a salary range for a number of years by this telecom company. Austin Avuru. Moolman took over as MTN chief in 2015 following the devastating $1 billion fine imposed on the telecommunication giants for SIM card infractions by the Nigerian government. Group CEO… MTN Nigeria is Nigeria’s leading mobile operator and how much MTN pays its staff is a question that would always be asked, especially for those who want to start a career in the company. This website uses cookies so that we can provide you with the best user experience possible. Add a Review. The difference in the above figures show that specialist staff members are more experienced in the job than the entry level workers. MTN explained that the other benefits included “medical aid and unemployment insurance fund”. 10 Major Rivers in Nigeria (Pictures & Details), Where & How To Download Nigerian Nollywood Movies Online (2021), Neurosurgeon Salary in Nigeria: How Much They Earn (2021), Polaris Bank Salary Structure: How Much Staff Earns (2021), TV Presenters’ Salary Structure in Nigeria (2021), NETFLIX Nigeria: Sign Up NETFLIX in Nigeria, Contact & Website, Kitchen Accidents: Types, Causes & Prevention, Ondo State: List of Local Government Areas & Towns, Telecommunication Companies Operating In Nigeria: Full List, New Abuja Postal Codes: Full List of Abuja Zip Codes, Nigerian Navy: Ranks in The Nigerian Navy, How To Apply For Tax Identification Number (TIN) Online in 2021, Glossary of Culinary Terms And Their Meanings, ABU Zaria Postgraduate Current School Fees (Official), Full List of Airports in Nigeria (International, Domestic & Airstrips), Latest Prices of Video Cameras in Nigeria (March, 2021), Unique Names Of God In Igbo And Their Meaning, Top 10 Ethnic Groups With The Cheapest Bride Price in Nigeria, Best Brands of Blenders in Nigeria & Prices (2021), List of Different Types of Roads in Nigeria & Pictures. It is also said that a specialist staff is paid a salary of about ₦390, 000 in a month. Since joining the group in 2006, Toriola had held a number of senior operational roles including Chief Technical Officer of MTN Nigeria, CEO of MTN Cameroon and MTN Group Operations Executive. View Jobs at MTN Nigeria. MTN Group Limited Integrated Report for the year ended 31 December 2016 - Remuneration report, online report developed by Overend Outsource This successful feat made MTN, the first GSM network service provider to arrive in Nigeria whilst setting the grounds for other subsequent networks to follow. The newly appoint CEO of MTN Nigeria, Karl Toriola, earned a total of R21.47 million in 2020 as against R19.11 million in 2019. Save my name, email, and website in this browser for the next time I comment. MTN Nigeria pays its managers a salary of about ₦9,300,000 per annum. How Much Do MTN Nigeria Pay Its Entry Level Staffs? You can check out how much each big earner took home here: If you disable this cookie, we will not be able to save your preferences. The average salaries for MTN Nigeria is 201,827 Naira. It has been almost five years since Ferdinand Moolman accepted the proposition to become the CEO of MTN Nigeria, before working for the company in various capacities for many years. 60,000 / mo. MTN Nigeria is part of the MTN Group also known as M-Cell. Visit PayScale to research MTN Nigeria salaries, bonuses, reviews, benefits, and more! Working for MTN Nigeria can be a good way to boost your career in the telecommunications industry. For any question concerning their services, call rates, tariffs, data plans, modem, 4GLTE. It makes a lot of sense that the CEO of the biggest company listed on the Nigerian bourse should be the highest-paid CEO in Nigeria. Ferdinand Moolman, MTN Nigeria.