Dr. Mike Adenuga

By: BlackEntrepreneurProfile.com
Born: March 29, 1953, Ijebu Igbo, Ogun State.; Position: Chairman, CEO; Company: Globacom Limited; Industry: Telecommunications Services; Country: Nigeria

Dr. Michael Adeniyi Isola Adenuga (net worth $4.6 billion calculated March 2014), is the billionaire chairman and chief executive officer of Globacom Limited (GLO), a privately owned multinational telecommunications company headquartered in Lagos, Nigeria.

He is Nigeria's second richest person, 3th richest black person and the 325th richest person in the world according to Forbes' Worlds Billionaires 2014 ranking.

Dr. Adenuga runs Conoil Producing, the first Nigerian company to strike oil in commercial quantities in the early 1990s. Today it is Nigeria's largest oil exploration company.

Dr. Adenuga also owns Globacom, Nigeria’s second largest national telecom operator, with an estimated 25 million plus subscribers and it's fastest growing mobile service provider.

Globacom Limited is privately owned by the Mike Adenuga Group which also consists of Equatorial Trust Bank (ETB), Conoil PLC, a petroleum marketing company, Equitorial Trust Bank, in addition to stakes and interests in construction and real estate firms.

He was honoured by the Federal Republic of Nigeria with the National Awards of the Officer of the Order of the Niger and later with the award of Commander of the Order of the Niger.

Dr. Adenuga studied Business Administration at Northwestern State University, Alva, Oklahoma and also earned a Masters degree at Pace University, New York, majoring in Business Administration with emphasis on Marketing.


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