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5 Types of People to Expect at MTN’s Annual General Meeting

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Annual General Meeting (AGM) of MTN Nigeria is scheduled to hold on the 18th of April at The Balmoral Convention Centre, Federal Palace Hotel. MTN’s shareholders will potentially get a dividends payout of 203.5 billion as their share of profits from the financial year 2022.

This is coming after qualified shareholders from the public offer also got incentive shares as promised during the public offer.

MTN Nigeria’s Chief Executive Officer, Karl Olutokun Toriola noted, “In 2022, we significantly increased our shareholder base through the MTN Group’s offer for sale of shares. The offer, which concluded on 31 January 2022, was the first in the series of transactions to increase Nigerian ownership of the company.

The qualified investors who held some or all the shares allotted to them for 12 months to 31 January 2023 have received the incentive shares totaling 3,977,418.”

For some, it’s a time to catch up on important business matters and network with fellow shareholders. For others, it’s a chance to grab some free refreshments and a comfy chair. Whatever your reason for attending, one thing is for sure: you’re bound to run into these five types of people.

  • The “I Know Everything” Person

This person has read every report, every memo, and every email related to the AGM. They know every detail about the company and can recite the entire annual report from memory. They raise their hand for every question and offer lengthy, convoluted opinions on every matter. They’re convinced that their ideas are the best, even if they’re completely impractical.

  • The “I Have a Complaint” Person

This person is here to air their grievances. They’ve been waiting all year for this moment to tell everyone about the problems they’ve encountered with the company. They don’t have any solutions or suggestions; they just want to complain. They’re usually the first to raise their hand for questions and the last to leave the room.

  • The “I’m Here to Network” Person

This person is the ultimate networker. They know everyone in the room and they’re determined to meet everyone they don’t know yet. They’re handing out business cards left and right and making small talk with anyone who will listen. They’re not particularly interested in the AGM itself; they’re just using it as an excuse to make some new connections.

  • The “I’m Too Important to Be Here” Person

This person walks in late, sits in the back, and spends the entire meeting scrolling through their phone. When it’s time for questions, they stand up, ask something completely unrelated to the agenda, and then leave without waiting for an answer. They’re usually high up in their company, but they have no interest in what’s going on at the AGM. They’re just there to make an appearance and then go back to their busy schedule.

  • The “I’m Here for the Free Food” Person

This person doesn’t care about the agenda, the reports, or the speakers. They’re just here for the free coffee and snacks. They load up their plate with pastries and fruit and then sit back to enjoy the show. They’re not interested in contributing to the conversation; they’re just happy to have a reason to leave their desk for a while.

Look out for these people at the AGM and if you see any of them, ask them why they bought MTN shares if they won’t be paying any attention.

And there are proud shareholders like us who will not attend the AGM but glued to our phones on April 20th when the alert for dividends payout will start rolling in. That’s how you roll when you invest in a profitable company like MTN.

 


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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

Telecom

MTN Nigeria to Lease Spectrum from T2 Mobile, Ends Agreement with Ntel

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MTN Nigeria Communications Plc has secured regulatory approval from the Nigerian Communications Commission (NCC) to lease frequency spectrum from T2 Mobile Limited (formerly 9Mobile), marking a strategic shift in its network expansion plans.

Effective October 1, 2025, MTN will lease 5MHz in the 900MHz band and 15MHz in the 1800MHz band from T2 Mobile for a period of three years.

This move supports MTN’s national roaming agreement with T2, enabling shared infrastructure to manage growing network traffic and improve service delivery

According to MTN Nigeria CEO Karl Toriola, the agreement aligns with the company’s Ambition 2025 strategy, which emphasizes cost-effective, sustainable growth, industry collaboration, and digital inclusion.

In a related development, MTN Nigeria has announced it will not renew its current spectrum lease with Natcom Development and Investment Ltd (Ntel). That lease—covering 5MHz in the 900MHz band and 10MHz in the 1800MHz band across 17 states—is set to expire on November 29, 2025.

MTN reaffirmed its commitment to investing in infrastructure and strategic partnerships to deliver high-quality, innovative telecom services across Nigeria.


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MTN Foundation Opens Applications for Phase 2 of SAIL Teachers’ Fellowship to Train 5,000 Nigerian Educators in Digital Skills

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MTN Foundation, in partnership with SAIL Innovation Lab and Co-Creation Hub (CcHub), has announced the commencement of the second phase of the MTN SAIL Teachers Fellowship Programme with a call for applications.

The initiative aims to equip 5,000 public school teachers across Nigeria with cutting-edge digital skills, innovative teaching methods, and leadership capacity to transform the learning experience in public schools.

The call for applications, open until 19th October 2025 is part of the MTN Foundation’s continued commitment to strengthening Nigeria’s education sector and empowering educators with the tools they need to thrive in a rapidly evolving world.

In addition, participants will gain access to the MTN Skills Academy, an online learning platform offering free, self-paced courses on coding, data analytics, digital marketing and other in-demand skills.

This ensures teachers can continue their professional development long after the training period, equipping them with the tools to prepare students for the opportunities of the digital economy.

Speaking on the launch of Phase 2, Odunayo Sanya, Executive Director, MTN Foundation, said: “Teachers are the backbone of our education system. By empowering them with digital competencies and innovative teaching methods, we are directly investing in the future of our youths.

This Fellowship Programme is designed to ensure that our educators are not just keeping pace with global best practices but are actively shaping the next generation of innovators and leaders.”

Participants in the programme will undergo intensive training on topics such as technology integration in the classroom, modern pedagogical techniques, digital tools, and personal leadership.

The training will be delivered by experienced facilitators and education experts to ensure a blend of practical knowledge and peer-driven learning.

The MTN SAIL Teachers Fellowship Programme, initiated in 2024, is a part of the Foundation’s broader mission to catalyse sustainable development initiatives that make measurable impact in the areas of education, health, and economic empowerment.

Since its inception, MTN Foundation has reached millions of Nigerians through various programmes, reaffirming its role as a catalyst for positive change.

Interested teachers can learn more and apply via https://bit.ly/STFP2025 as applications are expected to close on October 19, 2025.


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Konga’s Category Month Campaign Drives Sales and Social Impact in Nigeria

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Konga, Nigeria’s leading composite e-commerce group, has continued to record remarkable feedback from shoppers as its ongoing Category Month Campaign builds momentum. Since its kick-off in early September, the initiative has spotlighted key product categories each week, delivering unbeatable deals and heightened excitement across Nigeria’s digital retail space.

The campaign debuted with Home and Kitchen products in the first week of launch, offering households the chance to upgrade essentials at discounted prices.

This was followed by Electronics Week, which drew an overwhelming response from tech-savvy shoppers eager to secure top-quality gadgets at market-leading prices.

This week, attention has shifted to Beauty, Health and Personal Care, as well as Fashion, promising even more compelling offers for style enthusiasts and wellness-focused consumers.

According to industry observers, shoppers have embraced the campaign for clear reasons: convenience, affordability, and trust. By focusing on one category per week, Konga ensures a curated shopping experience where customers enjoy depth, variety, and verified quality across product lines. Strategic partnerships with global brands further guarantee authenticity, while Konga’s reliable logistics network continues to deliver purchases swiftly and securely.

In addition, Konga’s Category Month is strategically driving value for both buyers and sellers. For shoppers, it translates into savings and access to exclusive bundles. For merchants, it unlocks visibility to wider audiences and boosts sales volumes in a competitive marketplace.

Beyond the campaign, Konga has also reinforced its reputation as a socially responsible brand through the Computerise Nigeria Initiative, launched recently in partnership with Zinox and KongaCares.

The initiative aims to put one million laptops into the hands of young Nigerian students, bridging the digital divide and equipping the next generation for a knowledge-driven economy.

Konga is calling on well-meaning Nigerians, NGOs, religious institutions, and corporate bodies to support this noble effort, which has the potential to transform education and empower millions of youths across the country.

With Category Month and social impact initiatives like Computerise Nigeria, Konga is not only redefining retail in Nigeria but also cementing its role as a catalyst for digital inclusion and economic growth.

 

 

 


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