Karl Toriola

Karl Toriola

CEO Nigeria

Karl Toriola is the CEO of MTN Nigeria, a leading telecommunications company in Nigeria. With a focus on driving growth and managing costs, Toriola has been at the forefront of the company’s strategy to navigate significant macroeconomic challenges, including currency volatility and high inflation. Under his leadership, MTN Nigeria has reported substantial revenue growth despite facing a notable loss due to foreign exchange issues, highlighting his commitment to creating long-term value for stakeholders.

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Recent Mentions

Nigeria Nigeria: Karl Toriola, MTN Nigeria’s Chief Executive Officer, emphasised the app’s potential to transform urban management and public access to government services. 8

The Punch: MTN deepens Lagos partnership on smart city goals

Nigeria Nigeria: Karl Toriola is the Chief Executive Officer of MTN Nigeria, who announced the company's plans to build a new headquarters in Eko Atlantic. 8

The Punch: MTN Nigeria to build new headquarters in Eko Atlantic — CEO

Nigeria Nigeria: MTN Nigeria CEO, Karl Toriola, expressed encouragement by the resilience of the business in FY 2024. 7

The Punch: MTN reports N400bn loss as naira devaluation hits earnings