Mike Adenuga Returns As Second Richest Nigerian
1 min readMike Adenuga, the prominent Nigerian telecom and oil tycoon, has regained the title of Nigeria’s second-richest individual following Forbes’ recent reevaluation of his mobile phone network, Globacom.
Adenuga’s current net worth stands at an impressive $7.4 billion, reaffirming his influential position in Africa’s business landscape.
However, the recent reassessment by Forbes has once again positioned him as Nigeria’s second-richest person, with only Aliko Dangote ahead of him.
Adenuga’s net worth of $7.4 billion also secures him the fifth spot among Africa’s wealthiest individuals.
Globacom, under Adenuga’s leadership, has actively pursued the goal of establishing Africa’s most extensive telecommunications network.
The company has accumulated millions of subscribers in Nigeria and Ghana, commanding around 28 percent of the market share in Nigeria.