Billionaire, Mike Adenuga Is Alive

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Multi-billionaire, Dr Mike Adenuga, is alive, hale and hearty, a source within his business conglomerate has disclosed.

The disclosure was coming on the heels of a report on the social media, Tuesday evening, that the 71-year-old oil mogul and owner of Globacom has passed on.

Sarumi

Contrary to the report, a top management source within the business establishments of Mike Adenuga, the wealthy Nigerian known for his far-reaching generosity, declared that he is alive.

This was as the Publisher of Ovation Magazine, Chief Dele Momodu, urged Nigerians to “Ignore the fake news…

Monumental Legacy

“The Spirit of Africa DR MICHAEL ADENIYI AGBOLADE ISOLA ADENUGA is hale and hearty. He’s right now at his desk working round the clock in support of the Nigerian economy… He just called me to thank everyone for their concern…”

Akinsete

The source within the Adenuga business conglomerate further disclosed that he and some others recently had a conversation with Adenuga, popularly called the Pride of Africa, even as claims of his demise rages in the social media.

“The rumoured death of Dr Mike Adenuga is a lie from the pit of hell. No such thing happened. Chairman is alive and well,” said the source.

The source further said he and some others just spoke with the chairman of Globacom, the telecom company making many families happy this season with the Glo Festival of Joy Promo.

Dr Mike Adenuga, whose net worth was put at $6.7 billion as at 19 November, 2024, is reputed to be the second richest Nigerian.

He built his fortunes in banking, telecom and oil production. His mobile phone company, Globacom, is the second largest telecom operator in Nigeria, with its subscribers put at over 60 million.

Globacom also built Glo-1, a 6,100-mile-long submarine Internet cable to the U.K. via Ghana and Portugal, while his oil exploration outfit, Conoil Producing, operates six oil blocks in the Niger Delta