Tag: Globacom Limited

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Nigerian telecom billionaire Mike Adenuga has now lost $1 billion since start of 2022

Adenuga is one of the world's 500 wealthiest billionaires.

Nigerian billionaire Mike Adenuga’s Conoil earns over $4.3 million in profit in H1 2022

Adenuga holds a 74.4-percent stake in the oil marketing business.

Nigerian billionaire Mike Adenuga’s net worth slumps by $200 million since start of 2022

Adenuga derives the majority of his wealth from his telecom company and his investments in the Nigerian oil industry.

Billionaire Mike Adenuga to receive $3.1 million in dividends from Nigerian oil company

The $3.1-million dividend represents a 66.7-percent increase over the previous year's dividend of $1.86 million from Conoil Plc.

Nigerian billionaire Mike Adenuga’s Globacom signs network extension agreement with Ceragon Networks

Glo is the second-largest telecom services operator in Nigeria, with a 28.09-percent market share.

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Zimbabwe’s richest man Strive Masiyiwa sees net worth decline by $100 million

Despite the recent setback, Strive Masiyiwa's net worth is still up by a remarkable $900 million since the beginning of the year.

Egypt’s second-richest man unveils $1.2 billion investment projects in Uzbekistan

The announcement came during a meeting between Egypt's second-richest man, Naguib Sawiris, and Uzbekistan's President, Shavkat Mirziyoyev.

Khaled Mahmoud’s MM Group reports 201.7 percent surge in Q1 2023 profits

Khaled Mahmoud's MM Group reports 201.7 percent surge in Q1 2023 profits, boosted by consumer electronics and automotive division,

Egyptian tycoon Hani Berzi’s Edita records impressive $12.9 million in profit in Q1 2023

Berzi's Edita Food Industries surges with $12.9 million in profit in Q1 2023, boosting investor confidence.

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