MTN
 Nigeria’s CEO Michael Ikpoki has resigned. The company's head of 
Regulatory and Corporate Affairs, Akinwale Goodluck has also resigned 
with immediate effect.
Ikpoki has been replaced by 
Ferdi Moolman as MTN Nigeria CEO while Goodluck has been replaced by 
Amina Oyagbola as its head of Regulatory and Corporate Affairs. Read the
 press statement released my MTN group after the cut...
“MTN
 Nigeria’s CEO Michael Ikpoki and the head of Regulatory and Corporate 
Affairs Akinwale Goodluck have tendered their resignations with 
immediate effect,” the company said in a statement Thursday morning.
“They are replaced by Ferdi Moolman as MTN Nigeria CEO and Amina 
Oyagbola as its head of Regulatory and Corporate Affairs. Mr Moolman was
 previously COO at MTN Irancell and most recently CFO at MTN
Nigeria.
A Nigerian national, Ms Oyagbola also retains 
the position of MTN Nigeria’s Head of Human Resources. She formerly 
headed regulatory affairs at the Nigerian operating company.”
The company also said it has received a formal letter dated December 2 
from the NCC informing it that, “after considering the Company’s 
request, it has taken the decision to reduce the fine on the MTN 
Nigerian business from the original N1,040,000,000,000 (One Trillion, 
Forty Billion Naira) to N674 Billion Naira which has to be paid by 31 
December 2015.”
The fine relates to the late disconnecting of 5.1 million MTN Nigeria subscribers in August and September 2015.

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