MTN Leadership Visits Central Bank of Nigeria Headquarters in Abuja

Last updated: January 29, 2026 4:37 pm

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The Governor, Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso (middle), flanked by the Group President and Chief Executive Officer (CEO) of the MTN Group, Mr. Ralph Mupita (right), and the CEO of MTN Nigeria, Karl Toriola, when the duo led a team of the company’s top executives on a visit to the CBN Head Office in Abuja, on Wednesday, January 28, 2026.

The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, received top executives of MTN Group during a visit to the CBN Head Office on Wednesday.

Leading the MTN delegation were the Group President and Chief Executive Officer (CEO), Mr. Ralph Mupita, and the CEO of MTN Nigeria, Karl Toriola. The meeting also included key members of MTN Nigeria’s leadership team such as Jerry Varachia, Group Executive Leadership; Tobechukwu Okigbo, Corporate Services & Sustainability; and Anas Galadima, Senior Corporate/Regulatory Executive.

L-R: MTN Group Group Executive Leadership Jerry Varachia; the Director, Banking Supervision Department, Central Bank of Nigeria (CBN), Dr. Olubukola Akinwunmi; the Director, Payment Systems Supervision Department, CBN Dr. Rakiya Yusuf; the CEO of MTN Nigeria, Karl Toriola; the Governor of the CBN, Mr. Olayemi Cardoso; the Group President and Chief Executive Officer (CEO) of the MTN Group, Mr. Ralph Mupita; MTN Nigeria Corporate Services & Sustainability, Tobechukwu Okigbo; and MTN Nigeria Senior Corporate / Regulatory Executive, Anas Galadima, when the MTN leadership visited the CBN Head Office, Abuja, on Wednesday, January 28, 2026.

Representing the CBN alongside Governor Cardoso were Dr. Olubukola Akinwunmi, Director of the Banking Supervision Department, and Dr. Rakiya Yusuf, Director of the Payment Systems Supervision Department.

The Governor, Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso (middle), flanked by the Group President and Chief Executive Officer (CEO) of the MTN Group, Mr. Ralph Mupita (right), and the CEO of MTN Nigeria, Karl Toriola, when the duo led a team of the company’s top executives on a visit to the CBN Head Office in Abuja, on Wednesday, January 28, 2026.

The visit underscores ongoing collaboration between MTN, one of Nigeria’s leading telecommunications firms, and the Central Bank as both entities engage on regulatory and industry developments. Further details on discussions and outcomes from the meeting are awaited.