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Michael Adeniyi Agbolade Ishola Adenuga

Business man · b. 29th of April, 1953

He is a Nigerian billionaire businessman, and the third richest person in Africa. His company Globacom is Nigeria's second-largest telecom operator, which has a presence in Ghana and Benin

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Biographical record

Title
Chief
Surname
Adenuga
First Name
Michael
Other Names
Adeniyi Agbolade Ishola
Gender
Male
Source of Publication
NIBC Who's Who (3rd Edition)
Date of Birth
29th of April, 1953
Status
Alive
State of Origin
Ogun State
Place of Birth
Ibadan, Oyo State
Father's Name
Oloye Michael Agbolade Adenuga Snr
Father's Status
Deceased
Mother's Name
Omoba Juliana Oyindamola Adenuga (née Onashile, of Okesopin, Ijebu Igbo),
Mother's Status
Deceased
Marital Status
Married
Name of Spouse
Titi Joyce Adenuga
Number of Children (Male)
2
Number of Children ( Female)
5
Names of Children
Bella, Adetutu Oyindamola Emilia, Eniola, Folashade Adeniyi, Prince Michael, Tunde and Abimbola
Profession
Business man
Working Experience
Conoil Producing Limited A leading Oil and Gas Company running with the vision of dominating the indigenous upstream petroleum companies in Africa. Globacom One of the largest telecommunication company in Africa. Globacom has different products including Glo Gateway, Glo Broad Access, Glo mobile and Glo-1 coverage. Mike Adenuga has stakes in different multinational companies in Nigeria including Stanbic IBTC Bank.
Education Level
Tertiary
Schools Attended with Dates
attended Ibadan Grammar School for his secondary school education and proceeded to Comprehensive High School Aiyetoro for his Higher School Certificate. Mike Adenuga is a graduate of Business Administration from North Western Oklahoma State University and he also has an MBA from Pace University, New York.
Present Appointment
Founder of Globacom and Chairman of Conoil
Have you ever been a member of any political party?
N/A
Traditional Titles
Otunba Apesin of the Ijebu clan.
Awards and Honours
African Entrepreneur of The Year at ATA 2007

Grand commander of the order of Niger (GCON) 2012

Companion of the Star of Ghana (CSG) 2018

100 distinguished and Eminent Nigerians Centenary Awards 2018

Commander of the Legion of Honour 2018
International/Foreign Decorations
In 2018, he was decorated with the insignia of a Commander of the Legion of Honour by President Emmanuel Macron of France
Other Relevant Information
Mike Adenuga prefers to keep his kind gestures to humanity a secret but trust us to dig deeper. His philanthropy activities are carried out majorly through the Mike Adenuga Foundation. This foundation provides help to Nigeria and other African countries. The foundation once supported the victims of a flood with N500m in Bayelsa. Mike Adenuga was once the major sponsor of the Glo-CAF Award.

Adenuga cut his teeth in business at his parents’ sawmill in Ijebu-Ode which they handed over to him to run upon his return from the United States. The young man proved his mettle by quickly growing the modest business. A chance meeting with an Austrian tycoon during one of his trips to the US was to dramatically alter his fortunes.
As his business blossomed, so did his personal fortunes. By the age of 26, Adenuga had already become a millionaire. His fortunes literally exploded when he went into construction and swiftly built a reputation for prompt and quality services. His big break came when his military-officers friends assisted him to get government jobs, which he executed satisfactorily, thus opening the door for bigger contracts.
He hardly appears in public and very rarely grants interviews, preferring instead, to let his work speak for him.


He made his first million at age 26 selling lace and distributing soft drinks. He recently purchased Dysney vault (burial tomb) for himself for a whooping N200m at the upscale Vaults and Garden, Ikoyi. In 2009, Adenuga was detained for money laundering by the Economic and Financial Crimes Commission. He subsequently left the country and lived in London until the Umaru Musa Yar'Adua regime granted him a pardon. In June 2016, it was revealed that Adenuga was being pursued for a combined debt of US$140.5 million, after his company ConOil failed to pay debts owed to, among others, the French oil giant Total. Bellbop, another company owned by Adenuga, had an interim injunction placed on it by the High Court in Lagos, after it too failed to pay the $9.4 million owed to the US oil and gas firm Baker Hughes
Source
https://www.entrepreneurs.ng/mike-adenuga/
https://www.forbes.com/profile/mike-adenuga/#3f72059155e3
https://buzznigeria.com/mike-adenuga-profile-biography/

Source

https://www.entrepreneurs.ng/mike-adenuga/, https://www.forbes.com/profile/mike-adenuga/#3f72059155e3, https://buzznigeria.com/mike-adenuga-profile-biography/

Last Update Mon 07, Sep 2020

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