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Director Michael Adeniyi Agbolade Ishola Adenuga Jr CSG GCON (born 29 April 1953) is an influential Nigerian businessman known professionally as Mike Adenuga.
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He is a billionaire and the third richest person in Africa after Egypt’s Nassef Sawiris and Nigeria’s Aliko Dangote.
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He is the founder of a telecommunications company called Globacom, which is the second largest telecommunications operator in Nigeria and has a presence in other West African countries such as Ghana and Benin Republic.
Mike Adenuga also owns shares in Equitorial Trust Bank and the oil exploration company Conoil (formerly Consolidated Petroleum Company).
Nigerian businessman
Mike Adenuga![]() |
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Wiki Info & About Data | |
Real name: | Michael Adeniyi Agbolade Ishola Adenuga Jr |
Stage name: | Mike Adenuga |
Born: | April 29, 1953 (age 71) |
Place of birth: | Ibadan, Oyo, Nigeria |
State of origin: | Oyo State |
Nationality: | Nigerian |
Height: | 1.73 m |
Parents: | Michael Agbolade Adenuga Sr, Juliana Oyindamola |
Siblings: | Demola Adenuga, Otunba Adenuga |
Wife • Spouse: | Adefolake Emilia Adenuga, Titi Joyce Adenuga |
Girlfriend • Partner: | do not apply |
Children: | Adenuga Rice, Bella Disu, Eniola Adenuga, Adetutu Oyindamola Emilia, Michael Babajide Adenuga, Abimbola Adenuga, Sade Adenuga, Adeniyi Adenuga, Folashade Adenuga |
Job: | Businessmen |
Net value: | 6.8 billion USD |
Early Life & Education
Mike Adenuga was born in the city of Ibadan, Oyo State, Nigeria, on April 29, 1953. He is of Yoruba ancestry. He has two siblings named Demola Adenuga and Otunba Adenuga. Is he related to Wale Adenuga? The answer is no and there are no verified publications to substantiate this claim.
His father, Oloye Michael Agbolade Adenuga Sr, was a school teacher, while his mother, Omoba Juliana Oyindamola Adenuga, was a businesswoman of Ijebu royal descent.
Mike Adenuga did his secondary education at Ibadan Grammar School, Ibadan, Oyo State, Nigeria and attended Comprehensive Secondary School, Aiyetoro, for his Higher School Certificate (HSC). At that time, he worked as a taxi driver to pay for college.
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His hustle paid off as he graduated from Northwestern Oklahoma State University and Pace University, New York, respectively, with degrees in Business Administration.
Career
Mike Adenuga earned his first million in 1979, at age 26, selling lace and distributing soft drinks. In 1990, he was granted a drilling license. In 1991, Consolidated Oil exploited oil in the shallow waters of southwestern Ondo State, becoming the first indigenous oil company to do so in commercial quantities.
Furthermore, he was granted a conditional GSM license in 1999, although it was revoked. However, he received a second award when the government held another auction in 2003. He immediately founded a telecommunications company called Globacom, which quickly spread and began to challenge Form the telecommunications giant and biggest rival MTN Group in the communications industry.
Globacom launched its services in the Republic of Benin in 2008 and has continued to expand across Ghana and Côte d’Ivoire, with more licenses currently being rolled out in other West African countries.
Mike Adenuga’s hard work did not go unnoticed when he was named African Entrepreneur of the Year at the first Africa Telecommunications Awards (ATA) in August 2007.
In May 2015, he made a deal to acquire Ivory Coast mobile telecommunications operator Comium Côte d’Ivoire for $600 million.
Awards & Recognition
Mike Adenuga has received many awards, honors and recognitions, both nationally and internationally, in recognition of his great deeds. In 2012, the Globacom CEO was named Grand Commander of the Order of the Niger (GCON) by the Nigerian government, headed by then president Goodluck Ebele Jonathan.
Additionally, he also held the Yoruba tribal chieftaincy as Otunba Apesin of the Ijebu clan. In 2018, he was awarded the Legion of Honor medal by President Emmanuel Macron of France.
In 2019, Mike Adenuga was named one of the 100 most influential Africans by New African magazine and was named ATA African Entrepreneur of the Year in 2007.
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The Nigerian business tycoon was also recognized as a Companion of the Star of Ghana (CSG) in 2018 and was named among the 100 Outstanding and Famous Nigerians of the Century Awards 2018.
Social Media
Business tycoon and owner of telecommunications giant Globalcom Mike Adenuga has an active Instagram account @mikeadenuga26.
However, his Facebook and Twitter accounts have been verified.
Personal life
Mike Adenuga has two wives, Adefolake Emilia Adenuga and Titi Joyce Adenuga, and seven children (5 girls and two boys). His first wife was between the two.
His sons are Michael Babajide Adenuga, Eniola Adenuga and Paddy Adenuga, while his daughters are Abimbola Adenuga, Adetutu Oyindamola Emilia and Bella Disu.
Mike Adenuga’s children are Paddy Adenuga, Bella Disu, Eniola Adenuga, Adetutu Oyindamola Emilia, Michael Babajide Adenuga, Abimbola Adenuga, Sade Adenuga, Adeniyi Adenuga and Folashade Adenuga.
Net value
Forbes has estimated Mike Adenuga’s net worth at $6.8 billion. He is currently the third richest person in Africa, earning his income from oil companies, business ventures and telecommunications company Globacom.
He also owns shares in Equitorial Trust Bank and the oil exploration company Conoil (formerly Consolidated Petroleum Company).
Source: https://anhngunewlight.edu.vn
Category: Biography