mike adenuga

January 14, 2019

DAAR Communications Plc recognises key industry players at 3rd DAAR Awards

And in a run up to the presidential elections: Atiku goes head to head against President Buhari and Aliko Dangote for Man of the Year. DAAR Communications Plc, an independent privately-owned broadcasting organization in Nigeria sets to recognize notable Nigerians who have pioneered excellence in their various industries for the calendar year of 2018. The... Read More

January 10, 2019

The YNaija Cover – the 10th of January

Follow the link to read the stories on YNaija: The Late 5: Ganduje drags Kwankwaso to EFCC for alleged corruption, diversion of govt. fund; I will defeat APC, PDP – Moghalu | Other top stories Years after his death, Buhari still insists Gaddafi is to blame for increased terrorism in the north.

Cover Stories, Featured

Abdullahi Ganduje, aliko dangote, forbes, mike adenuga, Muammar Gaddafi, Muhammadu Buhari, Rabiu Kwankwaso, Y Cover

Combined wealth of Dangote, Adenuga, others can end poverty in Nigeria – Oxfam

by Azeez Adeniyi Oxfam International on Wednesday in its report stated that the combined wealth of five of Nigeria’s richest citizens could end extreme poverty in the country. The agency said 112 million Nigerians live in abject poverty, while stating that the combined worth of the richest persons stands at $29.9bn. Quoting Forbes, the agency... Read More

alakija, aliko dangote, mike adenuga, nigeria, Oxfam, poverty, wealth

January 7, 2017

Fact Check: Was the OBJ administration hostile to Mike Adenuga?

In what has turned out to be a controversial autobiography, the Awujale of Ijebu Land, Oba Sikiru Adetona, tells the story of the witch hunt of Mike Adenuga, one of Nigeria’s foremost businessmen, by former President Olusegun Obasanjo through the instrument of the Economic and Financial Crimes Commission (EFCC). The year was 2006, the month... Read More

Featured, Thinking Through

atiku abubakar, Awujale of Ijebuland, EFCC, FactCheck, Globacom, mike adenuga, nuhu ribadu, olusegun obasanjo

January 4, 2017

I didn’t influence Mike Adenuga’s arrest in 2006 – Obasanjo

Former President Olusegun Obasanjo has said he didn’t influence the arrest of the Chairman of Globacom Telecoms Limited, Chief Mike Adenuga by the EFCC in 2006 as widely speculated. He said this in a letter to the Awujale of Ijebuland, who made series of allegations against him in his recently published autobiography. Obasanjo said he... Read More

Arredt, Awujale of Ijebuland, mike adenuga, olusegun obadanjo

January 4, 2017

“You are a rumour-monger and a liar” – Obasanjo to Awujale

Former president Olusegun Obasanjo has described the Awujale of Ijebuland Oba Sikiru Adetona as a rumour-monger and a liar. In a letter dated December 30, 2016 and released by Premium Times, Obasanjo said Adetona lied against him in pages 187-195 of his autobiography entitled, “Awujale: The Autobiography of Alaiyeluwa Oba S. K. Adetona, Ogbagba II”, published by... Read More

aliko dangote, awujale, EFCC, mike adenuga, nuhu ribadu, Oba Sikiru Adetona, olusegun obasanjo

January 1, 2017

‘Adenuga’s net worth increased to $5.8bn in 2016’

Forbes Magazine has said Nigerian billionaire, Mike Adenuga’s net worth increased $2.7 billion to $5.8 billion since December 31, 2015. Forbes reports that while Adenuga’s net worth has increased since the beginning of 2016, it has dropped significantly since March 2016 when his worth was value at $10 billion. His worth reportedly reduced due to... Read More

$5.8bn, forbes, mike adenuga, net worth

September 12, 2016

How NNPC, Tinubu, Adenuga, Otedola, Ubah, others owe Nigerian govt N86bn

The federal government is being owed at least N86.4 billion as at July 21, 2016 by marketers of petroleum products, according to Premium Times. The major culprits are members of the Major Oil Marketers Association of Nigeria (MOMAN) and the NNPC Retail (mega filling stations). The debts owed by the marketers are for products allocated to the... Read More

Capital Oil, Conoil, Femi Otedola, Forte Oil, Ifeanyi Ubah, mike adenuga, nnpc, Oando PLC, ppmc, Wale Tinubu

August 10, 2015

The 13 richest people in Nigeria

These are the type of billionaires “that laugh at Hov money…Billionaires with petroleum and coal money.” Naija, we gat ’em: 1. Aliko Dangote Age: 58 years Net worth: $21.6 billion Source of wealth: Cement, sugar and flour. 2. Mike Adenuga Age: 62 years Net worth: $4.6 billion Source of wealth: Telecommunication and oil. 3.... Read More

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Mike Adenuga offers N119bn to buyIvorian mobile phone company

by Chinwe Okafor Mike Adenuga has made a bid to buy Ivorian mobile telecoms operator Comium Cote d’Ivoire. According to Telegeography, the Nigerian billionaire and owner of Globacom (Glo) is lodging a $600 million(N119,400,000,000) takeover bid for Comium Cote d’Ivoire, a company that has been grappling with debt and cash flow problems. If the deal... Read More

billionaire, Conoil, Glo, mike adenuga

What is it with Ndigbo and greed? || Etcetera goes hard on Igbo leaders

by Anike Jacobs The Guitarman cum writer, Etcetera has chosen to attack the Igbos in his latest article. According to him, Igbo leaders have been asleep since the death of their late leader, Emeka Ojukwu. He started with praises for the Biafran leader before going to town. Read his post below: “I was told that... Read More

Dangote, Etcetera write ups, mike adenuga, Ndigbos, otedola, the Dantatas, the Okoyas

November 15, 2014

Ventures Africa unveils Nigeria’s new dollar billionaires + see list of Africa’s richest people

by Isi Esene Ventures Africa, an African business magazine and news service, has launched its second annual ranking of Africa’s wealthiest people. The Richest People in Africa list remains the most comprehensive compilation of the continent’s wealthiest individuals. In 2014, Ventures Africa counted 55 African billionaires with a net worth totalling $161.7 billion, a 12.4%... Read More

africa, Globacom, Igho Sanomi, mike adenuga, Mohammed Dewji, MTN, nigeria, Tony Elumelu

November 7, 2014

Dangote slides to 37th on the Forbes richest persons ranking

by Isi Esene Africa’s richest man, Aliko Dangote slid sharply from 23rd to the 37th position on the Forbes ranking in the last 24 hours. Dangote who was ranked among the top 30 richest men in the world on Thursday fell fourteen places on Friday according to latest figures on the Forbes website. Dangote, the... Read More

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November 6, 2014

@AlikoDangote becomes first black man to break into top 25 world richest people

by Kolapo Olapoju Bilionaire business mogul, Alhaji Aliko Dangote, has become the first black man to break into the list of top 25 richest people in the world. According to Forbes Magazine’s 100 richest persons in the world, the businessman climbs to 23 from former position of 43. Dangote retained his position as Africa’s richest man... Read More

aliko dangote, Amancio Ortega, bill gates, Folorunsho Alakija, forbes, mike adenuga, Slim Helu, Warren Buffet, World richest list

September 22, 2014

We hear that Orji Uzor Kalu has acquired private jet number 5…

by Chidi Okoye Former Governor of Abia State and Slok Group Chairman, Orji Uzor Kalu has reportedly purchased a brand new Gulfstream G650 private jet, estimated to be worth $72 million (N11.5 billion). Reports have it that the jet was flown in from New York to Murtala Mohammed International Airport, Lagos, in the wee hours... Read More

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Aren’t they lovely? Billionaire, Mike Adenuga’s daughters pose for the cameras (PHOTOS)

by Zara Mustapha Bella Adenuga-Disu Daughter of one of Africa’s richest men, Mike Adenuga took some beautiful shots of her new look, two months after the birth of her second child. She looked fit and trim like she never carried a pregnancy. Bella and her husband Jameel Disu have a son who was born in... Read More

Bella, daughter, mike adenuga, post baby body, shows off

December 31, 2013

iROKO chief executive, Jason Njoku is the Y!/YNaija.com Person of the Year 2013; beats Aliko Dangote, Mike Adenuga & Akinwunmi Adesina to get the prize

by Oge Okonkwo The editors of Y! – TV, Magazine & Online – yesterday announced the Y!/YNaija.com Person of the Year 2013 – founder and chief executive of iROKO, Jason Chukwuma Njoku. The Y!/YNaija.com Person of the Year is in its third year and is awarded this year to the individual who has most visibly... Read More

Akinwunmi Adesina, aliko dangote, iROKO chief executive, Jason Njoku, mike adenuga, sim shagaya, Y!/YNaija.com, Y!/YNaija.com person of the year 2013

December 30, 2013

Wilfred Okiche profiles Mike Adenuga: He looms large (Y!/YNaija.com Person of the Year 2013 Nominee)

by Wilfred Okiche Now, everyone has local stars as brand ambassadors. Mike Adenuga made it so. The reclusive billionaire re-started a trend that has imploded into the endorsement fever, that was all the rage this year, afflicting every brand worth their balance sheet and celebrity worth their status. This largesse was not... Read More

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November 14, 2013

Alkasim Abdulkadir: Nigeria, the last polio frontier (Y! FrontPage)

by Alkasim Abdulkadir The most potent force against defeating the polio virus has been insecurity; going into the red flag states of Borno and Yobe states has been hazardous to vaccinators. Nigeria is fighting several battles, on several frontiers, from the insurgency in the North Eastern corner, to the debilitating poverty across the country to the polio... Read More

aliko dangote, Aliko Dangote Foundation, Borno, mike adenuga, Mohammed Pate, National Primiary Health Care Development Agency, nigeria, NPHCDA, Pfizer, Polio, Trovaflaxin, vaccination, vaccine, yobe

August 29, 2013

Olusegun Adeniyi: Globacom at 10 – A remarkable success story

by Olusegun Adeniyi From crashing the cost of acquiring a GSM line from such prohibitive cost as N40,000 to as low as N200 or helping to bring down the cost of airtime from N50 a minute to 5 kobo per second, there is no way anybody can write the story of the massive telephone penetration... Read More

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Private jet: Oyedepo, Oritsejafor, Dangote, others can’t lift friends and associates – FG

by Akan Ido The new National Civil Aviation Policy, 2013, released by the Federal Government on Friday has barred individuals with private jets from conveying friends and business associates on board the jet. It, however, allows owners to lift family members on the aircraft. It states further that companies with private jets are permitted to... Read More

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Dele Momodu: A toast as Michael Adenuga ‘The Guru’ clocks 60

by Dele Momodu He cuts the image of a slave driver but he obviously drives himself even harder. He is not a General who goes to sleep while his troops keep vigil. He stays awake like a true Civilian-Field Marshall. Ladies and gentlemen, please join me as I raise a toast to an African icon,... Read More

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Debo Adejugbe: The beginning of power might not augur well for Nigeria (Y! Politico)

by Debo Adejugbe One of the poster boys of that era is our present President who has gone on to break records in corrupt endeavors and in the process, templated “how not-to-do-it” in government. In his new book, “The End of Power”, published on March 5th, 2013, Moisés Naím posited that revered global institutions are... Read More

aliko dangote, Debo Adejugbe, Femi Otedola, jimoh ibrahim, mike adenuga, Moises Naim, nigeria, Politics, TY Danjuma, Y! Politico

Opinion: The North does not control Nigeria’s oil blocks

by Toyin Akinosho Oil acreage ownership in Nigeria does not have ethnic colouration. What’s more important, sustaining production from oil and gas assets, whether or not awarded by the state, is determined by how much of a businessman you are. Ross Alabo-George’s essay titled Poverty And Deprivation: Why The North Is Poor, a recent contribution to the... Read More

Afren, Aminu Dantata, Famfa, Folorunsho Alakija, Mai Deribe, mike adenuga, Mohammed Indimi, Rilwanu Lukman, Sapetro, Theophilus Danjuma

November 19, 2012

Opinion: Only God can judge pastors, but man can testify

by Ejike Alphonsus Kanife A pastor should receive a gift jet when every other member of his Christian community receives one. Nigeria, thank God, is a very religious country. Very, very religious indeed such that when anyone attempts to criticize a religious leader of owning a private jet, they rise in their millions to defend... Read More

aliko dangote, Ayo Oritsejafor, Christianity, David Oyedepo, Leadership, mike adenuga, private jets

November 18, 2012

Simon Kolawole: God loves a cheerful giver…

I know many Nigerian billionaires who cannot be bothered with putting a kobo into charity, yet they keep benefitting from the system. If you think I am about to mount the “pulpit” this morning to ask the “congregation” to “donate” generously, you are correct. But it is not to buy a private jet. Rather, it... Read More

aliko dangote, Goodluck Jonathan, lionel messi, mike adenuga, pat utomi, simon kolawole, zlatan ibrahimovic

October 9, 2012

Another one: Dangote, Adenuga, Agbakoba to lead presidential disaster committee

by Isi Esene The president of the federal republic of Nigeria, Goodluck Ebele Jonathan on Tuesday addressed the nation to intimate the public of efforts that are being made to alleviate the problems of states affected by flood disasters in the past weeks. The state affected include Kogi, Edo, Ebonyi, Anambra, Oyo, Ogun State and... Read More

aliko dangote, disaster, flood, Goodluck Jonathan, mike adenuga, NEMA, Olisa Agbakoba

September 15, 2012

Dele Momodu: “Extreme loyalty”, hatred of politics and 8 other lessons you should learn from Mike Adenuga

by Dele Momodu Fellow Nigerians, please permit me to celebrate the life of one of the most distinguished Africans in global business today. The story of Dr Mike Adenuga is one that fascinates me because of its twists and turns. Since 1991, when I first encountered this spirit, as I like to describe him, he... Read More

Business, Dele Momodu, GCON, IBB, mike adenuga, national honour, pendulum

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