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.

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.

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. 

BANGER LEE BACK ON THE GLO TRAIN.........

Hmmmm, Ose, E JA N LA IS BACK!!!!!!!!!!! D banj is back with Glo again.....

This new Glo/D bANJ deal is most probably the biggest ever signed by anyone in the entertainment industry, sign posting what many have said before, that D Banj is currently the biggest music/entertainment personality this side of the divide. 

Now we are sure that the management of D banj's company would be hitting their chest saying they were justified in holding out against taking peanuts from the communication's giant years back. D banj had in 2010 fallen out with the same company when he refused to extend his then 70million Naira contract, which he had signed in 2008. One of the other things he had also asked for then was a N2million fee per performance for the Glo Campus tour.

It was thought then that instead of giving the same kind of contract given to the singing/dancing duo that make up P-Square said to be worth N240million, D Banj was offered considerably less than even the N70million he had been signed on to before. So since both parties couldn't agree on something, everyone had to go their way. 

Now after 3 years of both sides grandstanding and not yielding, a compromise was seemingly reached recently, with the odds a lot more on the entertainer's (D banj) side. Though figures have not been revealed or released, we hear the amount agreed on is colossal. Apparently what seem to have triggered the new contracts (D banj & Wande Coal), is the way the competitors MTN & Etisalat seem to have obliterated the others in a signing frenzy. Don Jazzy, KCee, Iyanya, Wizkid, Davido, Olamide, Ice Prince etc all signing very lucrative contracts with the other communication brands. Olamide & Ice Prince just signing on as brand ambassadors with Etisalat. We even heard D Banj might have been on the verge of signing a contract with Etisalat, before Glo came back and pulled a fast one to get their former ambassador back.

So if one would look at it very well, who comes bigger in the music industry right now than D Banj aka Eja Nla aka Banger Lee? None actually. So a good one for Glo then.

So D Banj is back on the Glo Train; a train that includes the likes of PSquare, Burna Boy, Naeto C, MI, Lynxxxx, Omawunmi, Bez, Waje & Flavour; That's a good company, don't you all think? 

So in the new week, we await the official announcement of the new marriage.  So D banj might have added another toga, to his many togas, that of a prophet. Remember that his jam where he was talking about money money money money!!! It's like his prophecy has come true.

GLOBACOM ANNOUNCED AS THE OFFICIAL AFRICA TELECOMMUNICATIONS SPONSOR AFWL 2013

London, 15 July 2013

The organisers of Africa Fashion Week London are delighted to announce Globacom Limited as the official African telecommunications sponsor for the third edition of Africa Fashion Week London scheduled for 1-3 August 2013 at Old Truman Brewery in Shoreditch.

Also the official sponsors for African Arts and Fashion Banquet fundraiser gala presented by AFWL at The Dorchester in support of emerging African designers, Globacom, as Nigeria’s national telecom operator, has consistently brought innovation, quality service delivery and unequalled benefits to its subscribers. Since its inception in 2003, the company has grown to become a major player in the African telecom industry.

Currently, Glo remains a giant in the telecoms sector with over 35 million subscribers in Africa, including multinational corporations, decision makers in the public and private sectors, students, artisans and rural dwellers who are connected to our network who enjoy access to high quality products and affordable telecom services.

Globacom is also a leading brand in the promotion of African arts and culture through its outstanding support and sponsorship of the creative, literary and the performing arts with support for leading Nollywood actors and actresses, music stars and comedians across the continent as well as its commitment to the discovery and nurturing of young talents through sponsorship of reality shows such as the ongoing Glo X-Factor which offers a top prize of $150,000 USD and a recording contract to the winner of the show.

“In line with our commitment to the promotion and sustenance of African arts and culture as well as our tradition, we have now teamed up with The African Fashion Week towards celebrating our unique and diverse African cultural heritage through fashion,” said Globacom chairman Dr. Mike Adenuga JR (GCON).

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