NewStats: 3,262,398 , 8,177,028 topics. Date: Monday, 02 June 2025 at 07:16 AM 262zx

Monkey dey work,baboon dey chop.those guys working in telecommunications industries, mtn o,glo o Etisalat o econet o whatever name it is are silent millionaires. They are quietly enjoying their millions in private so no one notices or pays attention to them. Infact the difference between them and politicians is that politicians are lousy about their money but telecommunication guys are very discreet in their lifestyle. You will never see them in owanmbe spraying money or at club doing lau lau

Some boys dey cash out much more than that on a norms daily but you won't hear about it online

[quote author=Hemanwel post=134374858][b] How is this possible? Let's bring it to perspective:

N8.5m × 5 days = N42.5m per week

N42.5m × 4 weeks = N172m per month

N170m × 12 months (1 year) = N2.04b per year.

N2.04b per year?? Again I ask: how is this possible when you are not a footballer?

Let's try another perspective, how much does N2.04b translate to in $?.
Ohhhhhoooo!!!.🤷‍♂️😂😜.

Tajbol4splend:
When you hear price hike in multitrillion businessess like telecom businesses, it's not because of economic situation, it's because of the kind of lifestyle they want which they want you to pay for.

Av said this many times.
The shareholders are the cause.

Indomie, mtn etc should never have any reason to hike prices.

But Nigerians will say prices of diesel is to blame

That’s is like $6,000 per day

Not possible

this man has been eating my money daily data zapping from MTN Daily...Chai!!

;Drip dat fucking south network

indoorlove:
You are truly a billionaire when you earn billions from your business not when you're paid billion a year.

what is this one even saying?

So he’s not a true billionaire. Mchewww.

Hemanwel:
How is this possible? Let's bring it to perspective:

N8.5m × 5 days = N42.5m per week

N42.5m × 4 weeks = N172m per month

N170m × 12 months (1 year) = N2.04b per year.

N2.04b per year?? Again I ask: how is this possible when you are not a footballer?

Effects of listening to those shouting “school na scam”. 🥱

That’s why you think only footballers earn so much.

Are the owners of football clubs footballers?

Omo won ni modakeke akoraye

It is sheer stupidity to be earning such money and his company is bleeding N400 billion.

kettykin:


Mtn is almost gone, mtn was doing very well before 2023 until the Karl was made the CEO, since then mtn , the once mighty telco has been making loss .

Making loss might be what the shareholders want

ItisWell22:


Effects of listening to those shouting “school na scam”. 🥱

That’s why you think only footballers earn so much.

Are the owners of football clubs footballers?

No mind am. He should find out what the average NBA or NFL star earns. Or what elite coaches are paid.

Omo, people are on Money 🤑💰

He earns an average of 200 to 250m monthly.

2.5 to 3 billion naira yearly. Just one person

The No even show for him body, with their bad network and enormous data price.


The try for earning such amount shaaa.

Saga16:


Not true.

My bad...true.

How is not true.

Top traders in most of the top investment banks, earn more than $2m in bonuses

Yet he isn't in the top 5000 richest in Nigeria.. 774 LG chairmen are richer than him.

Then there's governors, senators, HoR's, Ministers, presidency, SGF, Military heads, NSA, Supreme Court Judges, Major Militants, Major Terrorists. Major Traditional rulers, Then there's Elumelu cartel - RIP wigwe

Omoapena:
he isn't the highest paid and his salary isn't upto 8.5m daily, his salary was just increased to 1.6b annually last year and that's roughly 4.5m daily, currently, the highest paid CEO is the zenith bank CEO, he currently earns 2.1b annually...

some salary earners are billionaires, don't let people fool you that you can't be wealthy by being a salary earner..

Let them keep shouting “school na scam”, as if we all can manage the risks and headaches involved in businesses.

Same way I laughed when someone said law is a useless course in Nigeria. My parents thought same too and even fasted to prevent my baby sister from studying it. Now, my parents are so surprised at how the little girl is doing so well for herself.

There are no hard and fast rules in life.
Let’s all pray to find our paths early, and maximize them while we can.

Hemanwel:
How is this possible? Let's bring it to perspective:

N8.5m × 5 days = N42.5m per week

N42.5m × 4 weeks = N170m per month

N170m × 12 months (1 year) = N2.04b per year.

N2.04b per year?? Again I ask: how is this possible when you are not a footballer?

Lol..this is not news

Many CEOs in large companies listed on the global stock exchange earn more than that in salaries and bonuses

He earns more than the president but the president make more money than him through corruption

Tajbol4splend:
When you hear price hike in multitrillion businessess like telecom businesses, it's not because of economic situation, it's because of the kind of lifestyle they want which they want you to pay for.

So you believe the post

Nawa o

motymop:


How is not true.

Top traders in most of the top investment banks, earn more than $2m in bonuses

Bonuses are not really wages though.

They fluctuate.

motymop:


Lol..this is not news

Many CEOs in large companies listed on the global stock exchange earn more than that in salaries and bonuses

Lori iro

shortgun:
MTN Nigeria CEO, Karl Toriola, reportedly earns ₦8.5 million daily, making him the highest-paid employee in the country.
How much do you earn?

https://x.com/instablog9ja/status/1896126458785054974?t=_iojVQ563l9ruVxITTH7xA&s=19

Which fool brought this to frontpage?

esky158:
Multi billion naira companies never run at loss they just don't declare their full profits and will always declare loss to avoid taxes and Government eyes on their business cous if government find out just how much they make they may try to take over the company form them ask tiktok what U..S is doing to them

Why can't Naija govt use intelligence and technology to their output and profits like US

BlueBands:
Yoruba Lagba

Yoruba Amaka 🌟 🌟🌟

I need one

iamnotillicit:
So how much is his monthly salary...?

Even if he earns N8.5 per month, it is still a whole lot. But they will declare a loss at year end shortchanging the shareholders on dividend and the country on taxation. Oga o.

Make evans,wadume & co no reason this foool matter ooo!

Saga16:


Bonuses are not really wages though.

They fluctuate.

they are not wages which is true but they do earn that after base salary

for instance in 2018, Deutsche Bank paid Christian Bittar one of their top trader $140m for a single year

Teenaira:


Even if he earns N8.5 per month, it is still a whole lot. But they will declare a loss at year end shortchanging the shareholders on dividend and the country on taxation. Oga o.

stop spreading lies, go read their financial statement

they declear a loss after tax of 400B naira last year because of foreign exchange issues

that means after paying tax, they still had a loss

Omoapena:
he isn't the highest paid and his salary isn't upto 8.5m daily, his salary was just increased to 1.6b annually last year and that's roughly 4.5m daily, currently, the highest paid CEO is the zenith bank CEO, he currently earns 2.1b annually...

some salary earners are billionaires, don't let people fool you that you can't be wealthy by being a salary earner...

pls he's not a billionaire. A billionaire is someone who has cash or assets of at least 1 billon in a major world currency USD GBP or Euros. If that wasn't the case then everyone in Zimbabwe or Djibouti would be a billionaire. So he simply earns just around 1.4 million USD every year which is pretty basic in big cities like New York or Tokyo. Go San Francisco go see cash