Home FEATURES On This Day On This Day: Nigerian billionaire business mogul, Chief Michael Adenuga was born

On This Day: Nigerian billionaire business mogul, Chief Michael Adenuga was born

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On this day: in history (1953), Chief Michael Adeniyi Agbolade Ishola Adenuga Jr CSG GCON was born. He is a Nigerian billionaire businessman, and the second richest person in Nigeria.

His company Globacom is Nigeria’s second-largest telecom operator, which has a presence in Ghana. It launched services in Benin in 2008, and has continued its spread across Ghana and Côte d’Ivoire.He owns stakes in the oil exploration firm Conoil (formerly Consolidated Oil Company). Forbes has estimated his net worth at $7.3 billion as of 2022.

Adenuga received his secondary school education at Ibadan Grammar School, Ibadan, Oyo State, Nigeria and Comprehensive High School, Aiyetoro, for his Higher School Certificate (HSC). He worked as a taxi driver to help fund his university education.He graduated from Northwestern Oklahoma State University and Pace University, New York, with degrees in Business Administration.
Adenuga made his first million in 1979, at age 26, selling lace and distributing soft drinks.In 1990, he received a drilling license and in 1991, his Consolidated Oil struck oil in the shallow waters of Southwestern Ondo State, the first indigenous oil company to do so in commercial quantity.

He was named African Entrepreneur of The Year at the first African Telecoms Awards (ATA) in August 2007. In 2018, he was decorated with the insignia of a Commander of the Legion of Honour by President Emmanuel Macron of France.

#myhistorydiary #history #telecom #nigeria #lagos @globacomlimited

 

Created by Okey Obiabunmo

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