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Globacom Chairman, Mike Adenuga is alive, hale and hearty

by Usman Kadri
November 19, 2024
Reading Time: 1 min read
Decoding Mike Adenuga: Africa’s most private billionaire –Toni Kan
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Contrary to the wicked rumour flying around Tuesday, iconic billionaire and philanthropist, Dr. Mike Ishola Adenuga is alive.

A source within Adenuga’s conglomerate dispelled the rumour and further disclosed that he and some others recently had a conversation with the Chairman, even as claims of his demise rages in the social media.

“The rumoured death of Dr Mike Adenuga is a lie from the pit of hell. No such thing happened. Chairman is alive and well,” said the source.

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Another close source said the 71-year-old business mogul “is hale and hearty as he’s right now at his desk working round the clock in support of the Nigerian economy.”

The source further said he and some others just spoke with the chairman of Globacom, the telecom company making many families happy this season with the Glo Festival of Joy Promo.

Adenuga, whose net worth was put at $6.7 billion as at 19 November, 2024, is reputed to be the second richest Nigerian.

He built his fortunes around banking, telecom and oil production. His mobile phone company, Globacom, is the second largest telecom operator in Nigeria, with its subscribers put at over 60 million.

Globacom also built Glo-1, a 6,100-mile-long submarine Internet cable to the U.K. via Ghana and Portugal, while his oil exploration outfit, Conoil Producing, operates six oil blocks in the Niger Delta.

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