The Emir of Kano, Lamido Sanusi, has received a total of N442 million ($324,000) from MTN Group for the 2025 fiscal year, marking a significant increase from the previous year’s N412 million. This payout highlights the growing influence of non-executive directors in shaping corporate governance. ¹
Sanusi, who has been on MTN’s board since July 2019, earned R1.82 million (N148 million) in retainer fees, R1.37 million (N112 million) for board meetings, and additional payments for strategy sessions and special assignments. He serves on the risk management, finance, and social ethics committees, contributing to MTN’s oversight across multiple African markets, including Nigeria and Ghana.
As a former Governor of the Central Bank of Nigeria, Sanusi is known for his banking reforms and outspoken public stance. He also chairs Black Rhino Management Services Limited and holds several corporate directorships, showcasing his prominent role in Nigeria’s business landscape.
Would you like to know more about Sanusi’s contributions to MTN’s growth or his banking reforms as CBN Governor?
About The Author
