What You Must Know About Mike Adenuga, Chairman Of Globacom Limited.


Michael Adeniyi Agbolade Ishola Adenuga Jr was born on the 29th of April 1953, he is a very respected Nigerian business tycoon, and the second richest man in Nigeria.


His company Globacom, is Nigeria’s second largest telecom operator, and is also available in Ghana and the Republic of Benin.


things that you need to know about the business man:


• His mother’s name is Juliana Oyindamola Adenuga (Nee Onashile of Okesopin, Ijebu Igbo). She’s a business woman of royal Ijebu descent.

• Mike Adenuga was so big as a baby, that people even called him John Bull at the hospital where he was born.

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• The billionaire is a descendant of Pariola, who was a very wealthy and influential female trader, who was born in the mid-19th century. Pariola is the ancestor of the Adenugas, Adetonas and the family of the Awujale of Ijebuland, Oba Sikiru Kayode Adetona.


• When he was in Ibadan Grammar School, himself and his brother (Damola) had the nickname “Big Belly” because of their huge statue and big stomach.


• He has worked as a taxi driver before, he used to drive an unregistered jalopy, he also worked as a security guard to support himself while he was in the university.

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• At 26, Adenuga became a billionaire with connections in many high places.

• He received the second highest honour award by the Nigerian Government in the year 2015, as the Grand commander of the order of Niger.


• Adenuga also has a multi-billion dollar investment in real estate.


• His company Conoil, became the first local company to discover oil for commercial quantity, in Ondo State in the year 1991.


• He is also major share holder in Sterling Bank.

• Mike Adenuga was first detained by Economic and Financial Crimes Commission (EFCC) over money and laundering charges later, he was granted a state pardon by the late president Umaru Musa Yar’Adua.

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• He met late Dele Giwa as a taxi driver. Dele was also surviving as a cab man in New York, USA.


• He also worked as a waiter and mortuary attendant in the USA.


• Himself and Ibrahim Babangida have been friends since the 1980s and they have remained friends over time.


• He is also known to be a very secretive man that guards his privacy jealously. It’s alleged that his Victoria Island office is underground.


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