Muhammadu Sanusi II's MTN Group Remuneration
Analysis based on 6 articles · First reported Mar 19, 2026 · Last updated Mar 21, 2026
The increased remuneration for Sanusi Lamido Sanusi from MTN Group reflects the company's improved financial performance and its return to profitability, which is positive for MTN Group shareholders. It also highlights the growing importance of strong corporate governance and experienced non-executive directors in Africa's telecommunications sector.
Sanusi Lamido Sanusi, the 16th Emir of Kano and former governor of the Nigeria — Central Bank of Nigeria, received N442 million ($324,000) in remuneration from MTN Group for the 2025 financial year. This marks an increase from N412 million in 2024 and reflects MTN Group's improved financial performance, including a 55.1% increase in service revenue to N5.2 trillion. Sanusi, who joined MTN Group's board in July 2019 as a non-executive director, serves on key committees such as Risk Management, Finance, and Social Ethics, overseeing operations and regulatory compliance in markets like Nigeria and Ghana. His extensive background in banking regulation and economic policy is seen as adding strategic value to the board, underscoring the growing importance of strong corporate governance in multinational firms within Africa's telecommunications sector.
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