Mike Adenuga of Globacom Telecom

Mike Adenuga is listed on Forbes Magazine has the second richest man in Nigeria acquiring his enormous wealth form telecom and oil production. He is the founder of one of the largest telecom company in Africa (Globacom) and currently the chairman of Conoil. His net worth was estimated at 5.8million dollars by Forbes in 2017 making him the second richest in Nigeria after the richest man in Africa Aliko Dangote. His telecom company is known to be the second largest and has extended into other African countries like Ghana and Benin. Mike Adenuga is a business mogul and his businesses currently employs thousands of individuals providing a means of livelihood for them. Proline investments is also own by him having hundreds of properties under the umbrella of the company.



He is age 64 and was born to the family of oloye Michael Abolade Adenuga who was a school teacher and his mother, Juliana Adenuga was a business woman. Mike Adenuga hails from Oyo state, Nigeria and obtained is school leaving certificate at Ibadan Grammar School and Comprehensive High School Aiyetoro. He then proceeded to obtain his degrees in Business Administration at Northwestern Oklahoma State University and Pace University. He took up a taxi job so as to fund his university education. His career started in 1990 when he was given a drilling licence and his company at that time ( consolidated oil ) encountered oil in the waters of Ondo State in 1991 which became the first indigenous oil company to produce oil in commercial amount. He obtained his GSM licence twice after the first one was revoked which he obtained in 1999.



The second licence was obtained in 2003 and his globacom telecom company spread like wild fire competing with the biggest telecom company MTN. He has received several awards to his record and he received African entrepreneur of the year award 2007 from Maiden African telecoms award. Globacom is constantly coming up with innovations and improvement so as to keep up with the pace of the dynamic nature of the industry

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