How Emir of Kano, Muhammadu Sanusi II Earned N442m From MTN as Telecom Giant Returns to Profit
- By Metropolix ~
- March 22, 2026 --
- 0 Comment
— Emir of Kano, Muhammadu Sanusi II
By Bunmi Onakan
The 16th Emir of Kano, Muhammadu Sanusi II, received N442 million (about $324,000) in total remuneration from MTN Group for the 2025 financial year. This marks an increase from the N412 million he earned in 2024, according to the company’s latest disclosures on board compensation. Sanusi II’s MTN earnings rise to N442m in 2025 amid company’s return to profitability.
Sanusi, who joined MTN’s board as a non-executive director in July 2019, earned roughly R1.82 million (about N148 million) in retainer fees. He also received R1.37 million (around N112 million) for participating in board meetings, along with additional payments tied to strategy engagements and special assignments.
Within the company, he plays a role across several key committees, including Risk Management, Finance, and Social Ethics, contributing to oversight of operations and regulatory compliance in major markets such as Nigeria and Ghana. Analysts say the figures reflect the growing value placed on experienced non-executive directors, particularly in large multinational firms operating in Africa’s telecom sector.
Sanusi’s experience and corporate influence Before ascending the throne, Sanusi built a distinguished career in banking and public service. As governor of the Central Bank of Nigeria from 2009 to 2014, he spearheaded critical reforms following the global financial crisis, helping to stabilise Nigeria’s financial system. He also previously served as the chief executive officer of First Bank of Nigeria. Beyond his role at MTN, he chairs Black Rhino Management Services Limited and holds multiple directorships across the continent, maintaining strong influence in corporate and economic circles.
At the same time, who is now studying Law at the Northwest University, continues to serve as a respected traditional and religious leader in Northern Nigeria and is a prominent member of the Tijaniyya Sufi Order. The latest remuneration comes as MTN records a notable financial rebound. The company reported a 55.1% surge in service revenue, reaching N5.2 trillion in its 2025 audited results, signalling recovery after previous losses driven by foreign exchange challenges.
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