Mike Adenuga warns MTN-Airtel deal could harm fair competition in Nigeria
He warned that granting MTN additional spectrum could distort the market, reduce competition, and ultimately raise costs for consumers.
Mike Adenuga
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Billionaire Mike Adenuga’s Globacom makes retail expansion in north-eastern Nigeria
The expansion aligns with Globacom’s long-term strategy of deepening its presence across the country.
Nigeria’s 10 richest businessmen in 2025
From cement and construction to telecoms and finance, Nigeria’s richest businessmen have built empires that extend far beyond the country’s borders.
Nigerian billionaire Mike Adenuga’s fortune grows by $700 million in 2024
Globacom remains the crown jewel of Adenuga’s empire, driving Nigeria’s digital transformation through substantial investments in network expansion.
Globacom names telecom expert Ahmad Farroukh as CEO to drive operational reform
Ahmad Farroukh steps in as Globacom's CEO to lead critical reforms and address urgent subscriber challenges.
Glo Mobile loses 43 million subscribers as Nigeria’s telecom market faces a 69-percent subscriber drop
Regulatory actions and stricter SIM identification requirements reshape Nigeria's telecom landscape.
OCI, owned by Egypt’s richest man Nassef Sawiris, to sell methanol business for $2.05 billion
The $2.05-billion deal includes U.S. and European assets and a stake in Natgasoline LLC.
Forbes list shows Globacom founder Mike Adenuga as fifth richest in Africa
In recent times, his net worth has surged to $6.9 billion from $6.1 billion in 2023, solidifying his rank as Africa’s fifth-richest and Nigeria’s second wealthiest person.
Globacom founder Mike Adenuga’s net worth rebounds sharply, nearing $7 billion
Adenuga remains among the world’s 400 richest people and one of the top five wealthiest individuals in Africa.
Globacom founder Mike Adenuga’s stake in Julius Berger gains $3.4 million
This surge solidifies Adenuga’s position among the world’s wealthiest individuals.