Mike Adenuga Jnr: The Complete Story Of His Life & Achievements

mike adenuga JnrMike Adenuga

Sept 17, 2012 – Mike Adenuga Jnr : The Complete Story Of His Life & Achievements

Born Mike Adeniyi Ishola Adenuga in year 1953 in the city of Ibadan into the family of Chief Mike Adenuga Snr. who’s a school teacher and Madam Oyindamola Adenuga, a successful trader and Yeyeoba of Ijebuland. naijagists.com

Mike Adenuga hails from Ijebu Igbo in Ogun State of Nigeria.

He attended Ibadan Grammar School, Oyo State for his Secondary education and later moved on to Northwestern State University, Alva Oklahoma in the United States where he studied Business Administration.

He earned a Masters Degree in Business Administration at Pace University, New York and in recognition of his business accomplishments and outstanding contributions to the growth of the country, he was awarded an honorary doctorate degree by the Ogun State University.

An encounter with Otunba Adenuga would reveal a man of uncommon intellect; a man with a deep passion for his calling; a man who is focused and considers achieving as a personal mantra. He lives a life that thrives on hard work.

His sojourn in the United States of America in search of the proverbial Golden Fleece added an exciting chapter to his impressive resume. Even though the young Adenuga came from a relatively comfortable background, he paid his way through school with money he raised from driving taxi cabs and working as security guard, at different times.

Adenuga is certainly no new kid on the block as far as entrepreneurial acumen is concerned. He had attracted national attention as far back as 1991 when his Consolidated Oil Limited struck oil in commercial quantity.  He is reputed to have distinguished himself in the business of importation at the young age of 22! And ever since, Dr. Adenuga has bestrode the world of modern business like a colossus.

His latest achievement has been the laying of an international submarine cable, Glo 1, which has gigantic capacity to Africa directly to Europe and America. The optic fibre cable provides excess bandwidth to all the cities connected to the cable, and has lead to a much faster and robust connectivity for voice, data and video.

The man Adenuga means different things to different people. A husband, father, team leader, role model, an entrepreneur par excellence!  Though he has made giant strides in several business categories, Nigerians would probably remember him more for his timely intervention in the telecommunications arena, where he seems to hold the aces that determine the pace of play.

Globacom’s historic introduction of Per Second Billing was the first time any network had launched on the billing platform. His network also pioneered such revolutionary products as Blackberry, vehicle tracking, mobile internet and mobile banking services in Nigeria. When the history of telecommunications industry in Africa is written, Adenuga surely would earn a chapter as a man who disrupted an oligarchic convention for the benefit of mankind.

He was honoured by the Federal Republic of Nigeria with the National Awards of the Officer of the Order of the Niger (OON) and later with the award of Commander of the Order of the Niger (CON). During Nigeria’ 50th anniversary celebration, Adenuga was one of the 50 pre-eminent Nigerians who were conferred with the Special Golden Jubilee Independence Anniversary Awards by the Federal Government of Nigeria.

Adenuga’s nomination was as a result of his immense contributions to the growth of oil and gas, banking and the telecoms industries in the country. Checks showed that Adenuga merited the special award due to the great sacrifice he made to ensure the re-invention of the country’s telecoms industry.

An astute world-class business expert, with worldwide business interests, Dr. Adenuga is a highly respected entrepreneur and one of the biggest employers of labour in the country. In the last two decades, he has established a pedigree as a well focussed and prudent manager of men and resources with the uncanny ability to successfully transform ideas and dormant businesses to highly viable enterprises.

Dr. Adenuga Jr. has always been in the news on account of several patriotic initiatives. Globacom is the biggest supporter of football in Africa and has raised the profile of football in Nigeria and Ghana with the sponsorship of the Premier Leagues and national football teams of the two countries. The company has so far spent over N6 billion on Nigerian football. It has also transformed the annual CAF Awards and made it the most glamorous sports event on the continent.

CAF has awarded Adenuga, the Pillar of Football in Africa for his strong support for African Football at both national and continental levels. At the 2nd edition of the Glo-CAF Awards held in Ghana, former President John Kufour declared Adenuga Africa’s No.1 Businessman for his promotion of the continent through his business empire.

Dr Adenuga has won numerous awards in recognition of his personal and business accomplishments among which is the African Telecoms Entrepreneur of the year for his courageous and rapid investment in the telecoms sector. He was early 2010 voted Nigeria’s Most Outstanding Business Personality in the last 50 years. In an online poll conducted by This Day, he polled 4272 votes to edge out the Chairman, Dangote Group, Alhaji Aliko Dangote who scored 4156. Founder of Diamond Bank, Mr Pascal Dozie, polled 3316, Olorogun Michael Ibru got 3073 while the Chairman, First City Monument Bank, Otunba Subomi Balogun  polled 2801.

In 2009, Dr. Adenuga won the coveted Silverbird Man of the Year Award, polling over 75% of the votes cast to edge out other eminent personalities such as the Governor of Central Bank of Nigeria, Mallam Sanusi Lamido Sanusi, Foreign Affairs Minister, Odein Ajumogobia, and the Akwa Ibom State Governor, Godswill Akpabio, among others. The annual award is facilitated by Silverbird Communications, owners of Silverbird TV and Rhythm 93.7 FM. Similarly, several other media organisations have also honoured the Globacom Chairman with their Man of the Year Award within the last few years.

In spite of his towering achievements, he remains an epitome of modesty.

Dr. Mike Adeniyi Ishola Adenuga Jr., is conferred with National honour of Grand Commander of Niger (GCON) doesn’t come as a surprise. This is because the Chairman of Mike Adenuga Group, probably the biggest business empire in Africa, can fittingly be summed up as the story of African enterprise.

He is undoubtedly one of the most recognisable names on the African continent. Born 59 years ago, Adenuga is a quintessential businessman who has made his mark so distinctly that world leaders speak glowingly about him.

One of the world’s wealthiest men, Dr. Adenuga sits atop what is generally regarded as one of the continent’s largest business empires comprising oil and gas, telecoms, aviation, banking and real estate.

In each of these sectors, Dr. Adenuga has moulded his companies into major, if not dominant, players. In the oil and gas sector, for instance, Conoil Plc is one of the largest and most profitable oil marketing companies in Nigeria.  Conoil Producing, the downstream arm of the conglomerate, made history by becoming the first Nigerian company to strike oil and produce it in commercial quantity in 1991. In banking, Equitorial Trust Bank (ETB) was one of the few banks that effortlessly met the N25b capital requirement during the 2005 banking consolidation exercise without going to the stock market. It only merged with Devcom Bank which was also owned by Adenuga. Last year, ETB merged with Sterling Bank.

In telecoms, Globacom is not only the most innovative network in Nigeria, it also, in its first year of operation, became the fastest growing in Africa and the Middle East, with operations in Nigeria, Ghana, Benin Republic, Senegal, Gambia and Cote d’Ivoire. Adenuga also has a multi-billion dollar investment in real estate. These companies provide direct employment to thousands of workers and millions of others indirectly.(Source: News Of The People Mag)

39 thoughts on “Mike Adenuga Jnr: The Complete Story Of His Life & Achievements

  1. U have made it, u have succeded in writting your name in gold. I believe that oneday, my name and story will be written for others to read. So help me God!

  2. The lord who did yours will do mine, all I need to do is to remain deligent and hardworking. by God’s grace I’ll acheive.

  3. More grease to your elbow Dr. Mike Adenuga.In the name of God Almighty,with hardwork and diligence,may my name also be written in gold

  4. I love dr.mike so much no matter what they say about. He is a father and my mentor.i've never seen in my life.i only see him on pages of daily news papers,tv etc .i love him wt everything.may almighty God continue to shower His blessing upon him and entire member of his family.God bless mike! God bless nigeria!

  5. I am in my own day of taking decision that will change my life and the person I have always be. Learning from great achievers like Dr. Mike Adenuga jnr, gives me mind to plan big by being happy with what I have now and aiming for greater achievement.

  6. Wow!
    Wat an achiever of our tym,
    a biznex tycoon of d cent.
    A role model,
    wat a man wt vision n pride in hardwrk,
    u re my ROLE MODEL n i luk up 2 a moment wt.
    ……….CONGRATULATIONS……
    BRAVO SIR!

  7. If u’re walking down the right path and u are willing to walk eventually u will make progress. Life i about choice, discipline comes first.

  8. God will continuously be with u, Doc. And as u’ve made it I’ll also make it in life. God bless Adenuga, God bless me, God bless Nigeria!!!

  9. HBD! Igba odun odun kan ni. I architect adewusi and clan congratulate you sir, CHIEF ADENIYI ISHOLA ADENUGA for your 60th birthday anniversary. We shall celebrate more of this on earth in jesus name. AMEN!

  10. He was born on 29th of April so was I.He is passionate abt being successful and +vely imparting his generatn,so am I.I am Mike Ishola,he is Mike Ishola Adenuga…….I will not disappoint my generation

  11. I no that you work hard to get all this,may God be with you.am praying for God to help me to continue in my effort so that one day I will be able to write my own story and people will check my story and I will say I read sir mike adenuga’s story and it keep me strong to know that with God and my hard work I can make it.thank you sir nd thank you publisher for giving someone like me the chance to read this.tears I will make it in JESUS NAME(amen)

  12. Do not believe everything you read. This man is not everything you think or read. His personal life, business practice and family value are not so bright. The real story, and the truth will come out one day.
    I am sure that many of you will be surprised when the truth about this man is revealed.

  13. Destiny determin who we are! Nd 4 every level of success there is always a price 2 pay. Congratulation Dr Adenuga i believe u’ve paid different price 2 get to dis stage. May God help me too. Am paying different price nw bcos i believe i will get there one day.

  14. wow I was down with disappointment, but seeing what d Lord has done in your life I regained hope I pray to be successful as u in jesus name

  15. Sir,i was astonish reading and knowning more about you,it is believe that many sons dont continue or protect a generations name,but you did sir.i hail thee sir.i am the founder of an NGO-GLOBAL SUPPORT INITIATIVE SAVE THE BOYCHILD IN AFRICAN,IS all about mentorship,rolemodels,redirection and spport from the PROFILEMAN like you and majorly minimising global crisis through our well research route toward AFRICAN PEACE MODEL.Which you are one of the few models in AFRICA in which we are to use for our advocacy in sopport of the BOYCHILD.UNBEHALF OF THE BOYCHILD WE CONGRATULATE YOU SIR.hoping to reach you through writing.thanking you sir.

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