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.
Globacom Limited
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.
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 in spotlight over $260-million debt and bribery allegations
Adenuga, whose net worth stands at $3.5 billion, ranks as one of Nigeria’s most prominent and wealthiest businessmen.
7 assets owned by Nigerian billionaire Mike Adenuga
Adenuga’s journey began humbly, earning his first million at the age of 26 selling lace and distributing soft drinks.
Nigerian billionaire Mike Adenuga’s net worth drops by $100 million
Adenuga remains one of Nigeria’s and Africa’s top billionaires.
Nigerian billionaire Mike Adenuga’s net worth declines by $100 million in 43 days
Despite recent wealth decline, Adenuga’s net worth is up $500 million YTD.
Nigerian billionaire Mike Adenuga’s firm ventures into cashew business, secures $65.3 million
Adenuga holds a 25.1-percent stake in Julius Berger through his company Goldstones Estates Limited.
Nigerian billionaire Mike Adenuga has now gained $600 million so far in 2023
Adenuga owns a 74.4-percent stake in Conoil.
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.