Karl Toriola: The Highest Paid Person In Nigeria Earns N8.5m Daily - Career (3)

Karl Toriola: The Highest Paid Person In Nigeria Earns N8.5m Daily - Career (3) - Nairaland

Nairaland Forum › Nairaland General › Career › Karl Toriola: The Highest Paid Person In Nigeria Earns N8.5m Daily (59699 Views)

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Re: Karl Toriola: The Highest Paid Person In Nigeria Earns N8.5m Daily by SAMBARRY: 10:44am On Mar 03, 2025

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

2 Likes

Re: Karl Toriola: The Highest Paid Person In Nigeria Earns N8.5m Daily by bluefilm: 10:45am On Mar 03, 2025

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

1 Like 1 Share

Re: Karl Toriola: The Highest Paid Person In Nigeria Earns N8.5m Daily by zoomzoom(m): 10:45am On Mar 03, 2025

[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!!!.🤷‍♂️😂😜.

1 Like

Re: Karl Toriola: The Highest Paid Person In Nigeria Earns N8.5m Daily by blowjohn(m): 10:45am On Mar 03, 2025

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

1 Like

Re: Karl Toriola: The Highest Paid Person In Nigeria Earns N8.5m Daily by Arrowhead71: 10:45am On Mar 03, 2025

That’s is like $6,000 per day

Re: Karl Toriola: The Highest Paid Person In Nigeria Earns N8.5m Daily by jaxxy(m): 10:46am On Mar 03, 2025

Not possible

1 Like

Re: Karl Toriola: The Highest Paid Person In Nigeria Earns N8.5m Daily by diverseconcepts: 10:46am On Mar 03, 2025

this man has been eating my money daily shocked

data zapping from MTN Daily...Chai!!

1 Like

Re: Karl Toriola: The Highest Paid Person In Nigeria Earns N8.5m Daily by karmaolu1(m): 10:47am On Mar 03, 2025

;Drip dat fucking south network

Re: Karl Toriola: The Highest Paid Person In Nigeria Earns N8.5m Daily by cucumbar: 10:48am On Mar 03, 2025

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.

7 Likes

Re: Karl Toriola: The Highest Paid Person In Nigeria Earns N8.5m Daily by ItisWell22(f): 10:48am On Mar 03, 2025

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?

4 Likes 1 Share

Re: Karl Toriola: The Highest Paid Person In Nigeria Earns N8.5m Daily by Dpaulie(m): 10:48am On Mar 03, 2025

Omo won ni modakeke akoraye

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Re: Karl Toriola: The Highest Paid Person In Nigeria Earns N8.5m Daily by stagger: 10:49am On Mar 03, 2025

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

2 Likes

Re: Karl Toriola: The Highest Paid Person In Nigeria Earns N8.5m Daily by mrvitalis(m): 10:50am On Mar 03, 2025

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

Re: Karl Toriola: The Highest Paid Person In Nigeria Earns N8.5m Daily by stagger: 10:50am On Mar 03, 2025

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.

4 Likes

Re: Karl Toriola: The Highest Paid Person In Nigeria Earns N8.5m Daily by Inosky: 10:51am On Mar 03, 2025

Omo, people are on Money 🤑💰

He earns an average of 200 to 250m monthly.

2.5 to 3 billion naira yearly. Just one person

1 Like

Re: Karl Toriola: The Highest Paid Person In Nigeria Earns N8.5m Daily by mukthar2000(m): 10:51am On Mar 03, 2025

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

The try for earning such amount shaaa.

Re: Karl Toriola: The Highest Paid Person In Nigeria Earns N8.5m Daily by motymop: 10:55am On Mar 03, 2025

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

Re: Karl Toriola: The Highest Paid Person In Nigeria Earns N8.5m Daily by BlackyOne: 10:56am On Mar 03, 2025

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

1 Like

Re: Karl Toriola: The Highest Paid Person In Nigeria Earns N8.5m Daily by ItisWell22(f): 10:56am On Mar 03, 2025

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.

5 Likes

Re: Karl Toriola: The Highest Paid Person In Nigeria Earns N8.5m Daily by motymop: 10:57am On Mar 03, 2025

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

Re: Karl Toriola: The Highest Paid Person In Nigeria Earns N8.5m Daily by LagosOrigin: 10:58am On Mar 03, 2025

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

1 Like

Re: Karl Toriola: The Highest Paid Person In Nigeria Earns N8.5m Daily by soccerlite: 10:59am On Mar 03, 2025

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

Re: Karl Toriola: The Highest Paid Person In Nigeria Earns N8.5m Daily by Saga16: 11:00am On Mar 03, 2025

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.

Re: Karl Toriola: The Highest Paid Person In Nigeria Earns N8.5m Daily by soccerlite: 11:00am On Mar 03, 2025

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

Re: Karl Toriola: The Highest Paid Person In Nigeria Earns N8.5m Daily by Majesty7: 11:00am On Mar 03, 2025

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[/quote]Which fool brought this to frontpage?

Re: Karl Toriola: The Highest Paid Person In Nigeria Earns N8.5m Daily by Inosky: 11:01am On Mar 03, 2025

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

1 Like

Re: Karl Toriola: The Highest Paid Person In Nigeria Earns N8.5m Daily by marv1: 11:03am On Mar 03, 2025

BlueBands:
Yoruba Lagba

Yoruba Amaka 🌟 🌟🌟

I need one

Re: Karl Toriola: The Highest Paid Person In Nigeria Earns N8.5m Daily by Teenaira: 11:05am On Mar 03, 2025

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.

1 Like

Re: Karl Toriola: The Highest Paid Person In Nigeria Earns N8.5m Daily by billyG(m): 11:06am On Mar 03, 2025

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

Re: Karl Toriola: The Highest Paid Person In Nigeria Earns N8.5m Daily by motymop: 11:07am On Mar 03, 2025

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

Re: Karl Toriola: The Highest Paid Person In Nigeria Earns N8.5m Daily by motymop: 11:10am On Mar 03, 2025

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

Re: Karl Toriola: The Highest Paid Person In Nigeria Earns N8.5m Daily by Bigboytinz: 11:13am On Mar 03, 2025

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

2 Likes

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