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Showing posts with label DR MIKE ADENUGA. Show all posts
Showing posts with label DR MIKE ADENUGA. Show all posts

Saturday, January 27, 2018

CAN THE POLICE TOUCH THIS VIRTUAL UNTOUCHABLE? THATS TALKING ABOUT OTUNBA DR MIKE ADENUGA

Otunba Dr. Mike Adenuga Jr

On the Forbes magazine list of Africa's wealthiest, a list many have come to count as an official stamp, Otunba Dr. Mike Agbolade Adeniyi Ishola Adenuga Jr. is rated as the 2nd officially most liquid Nigerian and by extension top 7 richest African too, with a networth of about $5.5 billion dollars. The man variously referred to by many tags, chief of which is "the Bull", for his never say die attitude and extraordinary strength of purpose has retained these 2 positions in Nigeria and Africa for many years, and he is sure never to go down at all.

His awesome resume is the type that gives hope to people who are not scared to work hard. Just imagine a man, who while in America drove taxis and from what he earned began to trade and from that humble beginnings, has grown to who he is now, a billionaire many times over!
Apart from owning the 2nd national carrier, Glo, his investment portfolios in real estate, oil and gas, finance etc are staggering to say the list.

But even with all his wealth/resources, connections around the world and wherewithal this particular season seem to be a trying one for him. According to unsubstantiated reports he is reported to be indebted in tune of some staggering amount. Like a late former billionaire was quoted to have said years back, "the bigger the head, the bigger the hat that would fit that head too", so someone of Adenuga's wealth and Caliber is expected to have huge debts, it's expected in business!

The very first sign of seeming unease was when his Glo licence in Benin Republic, our neighbouring country where the brand had grown to a sizeable chunk with over a million subscribers was not renewed so the brand was sent packing out of that country. The report claimed that they were sent packing because of their inability to pay the requirements to renew the licence! For someone who had built the sort of reputation that money is not an issue, when it comes to lucrativebusiness/investment opportunities many were shocked! But however any one sees it, it's not just a loss for Glo in Benin republic, but also a major loss for that country too!

More after the break.

Thursday, July 6, 2017

OYIN ADENUGA, OTUNBA'S FIRST DAUGHTER SET TO MARRY THIS WEEKEND






All things being equal, baring any unforeseen circumstances, this very hush-hush wedding ceremony would hold in the next 2 days, which is Saturday, July 7, 2017, same day as Dabiri weds Amosun. Except they only want to show how big and rich they are, then they can shift it.

More after the break.

Wednesday, June 21, 2017

MIKE ADENUGA'S FAVOURITE DAUGHTER BELLA DISU ADDS ANOTHER PORTFOLIO AS SHE BECOMES DIRECTOR AT JULIUS BERGER

Bella & elder sister Oyin


By June 30, 2017 Belinda Adenuga-Disu, better known to most as Bella Disu, the gorgeous and brilliant 2nd daughter (some say favourite child) of reclusive billionaire, Otunba Dr. Michael Agbolade Adenuga, "Dr Mike Adenuga for short of the Globacom fame, would have assumed the role of a Non-Executive Director at the biggest construction giant in Nigeria, Julius Berger Nigeria PLC.

She was one of the 2 new directors the company announced were coming on board very recently. 

It has been a steady but sure, slow but well assured career trajectory for this gorgeous but very quiet lady, since she arrived back to Nigeria after her studies in the United States a few years ago. If all goes well, maybe or most likely she might be the one to take over the reigns of her dad's conglomerate (fingers crossed).

More after the break.

Saturday, March 29, 2014

OTUNBA DR. MIKE ADENUGA 2ND RICHEST IN NIGERIA & 5TH IN AFRICA


While the super rich, the rich are getting richer by the minute, the poor man's poverty has never been this bad. But can we blame the rich? Not at all. Forbes Magazine has just announced that the business magnate with massive investments in Oil & Gas, Properties, Communications etc, in the person of the Bull, the Guru, the one and only Otunba Dr. Mike Adenuga is now the 2nd richest Nigerian & 5th richest African on earth. 

One of Mike Adenuga's company, Globacom which is the 2nd national carrier and second biggest telecoms company in Nigeria, with a subscriber base of 24 million is his money making machine. By virtue of his enormous wealth, Dr. Adenuga is rated 312 on the world's richest list. According to Forbes Adenuga's wealth has now grown to about ($4.8 billion) $5 billion dollars, a far cry from Dangote's $25 billion (23rd richest person in the world), but still a colossal wealth any day, anywhere.