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.
Mike Adenuga
Nigerian billionaire Mike Adenuga’s oil firm rakes in over $140 million in revenue in 2023
Adenuga, renowned telecom mogul and one of Africa’s wealthiest billionaires, owns a 74.4-percent stake, equivalent to 516,298,603 shares, in Conoil.
Nigerian billionaire Mike Adenuga gains $16.3 million from Conoil shares
This swift increase underscores Adenuga’s adept strategic investments, propelling his total fortune to $7 billion and securing his position among the world’s wealthiest individuals.
Abdul Samad Rabiu overtakes Mike Adenuga as Nigeria’s second-richest man
Rabiu’s $7.2-billion fortune places him second in Nigeria, fifth in Africa, and 343rd globally on Forbes’ billionaires list.
Adenuga’s firm, six others get approval to distribute fuel from Aliko Dangote’s refinery
The marketers have registered for the lifting and distribution of refined petroleum products.
Mike Adenuga becomes Nigeria’s second-richest man as Forbes revalues Globacom
His net worth now stands at $7.4 billion — solidifying his position as a top figure in Africa’s business landscape.
Nigerian billionaire Mike Adenuga’s Glo faces service disruption over unpaid interconnect charges
According to the notice, the NCC has granted partial approval for the disconnection of Glo from MTN Nigeria.
Billionaire Mike Adenuga-linked Julius Berger delivers $425-million bridge to Nigerian gov’t
Julius Berger, the renowned construction giant partly owned by Nigerian billionaire Mike Adenuga, has officially handed over the N336 billion ($425.6 million)…
10 Nigerian billionaires who made their fortune pumping oil
Step into the world of Nigeria’s elite oil magnates.
5 known charitable donations of the silent Nigerian oil mogul and billionaire Mike Adenuga
Adenuga’s resilience led to vast philanthropy, impacting the lives of underprivileged Nigerians.
Nigerian tycoon Mike Adenuga holds ground among world’s top 900 billionaires despite early 2023 setback
With a net worth of $3.3 billion, Adenuga holds the title of the third-richest billionaire in Nigeria.
25 richest people on the Nigerian Exchange
Leading the ranks on the Nigerian Exchange are iconic figures like Aliko Dangote, Femi Otedola, and Abdul Samad Rabiu.
Nigerian billionaire Mike Adenuga’s oil firm records $175 million in 9M revenue
Nigerian billionaire Mike Adenuga’s leadership marks continued success for petroleum marketing company Conoil Plc.
Nigerian billionaire Mike Adenuga-linked Julius Berger posts revenue exceeding $410 million
Belinda Ajoke Disu, Adenuga’s daughter, serves on the board of Julius Berger, bringing a strong link between the telecom mogul and the group.
Nigerian billionaire Mike Adenuga pays $210-million spectrum license renewal fee
This development comes in the wake of intense speculation and reports regarding a contentious dispute between Adenuga and the Nigerian government.
Nigerian billionaire Mike Adenuga to receive $1.65-million dividend from Conoil
Led by the visionary Mike Adenuga, Conoil has firmly established its dominance in Nigeria’s petroleum marketing arena.