Entrepreneur Spotlight

Nigerian Billionaire Mike Adenuga Nominated for African Entrepreneur of the Year

Mike Adenuga, a recipient of the Ghanaian national award of ‘Companion Of The Star of Ghana, has become the first Nigerian outside of government to receive Ghana’s highest national honour. Mike Adenuga is known throughout Africa as one of the most astute and successful entrepreneurs and investors, controlling one of the continent’s largest business empires, comprising oil and gas, telecommunications, aviation, banking and real estate.

He is the founder of Globacom, a Nigerian multinational telecommunications company. His mobile phone network is the second largest operator in Nigeria, with 37 million subscribers.  He also owns Conoil Producing, Nigeria’s largest indigenous oil exploration company, as well as Conoil PLC, a leading oil marketing company in Nigeria.

A little about where he started:

He is a man with a humble beginning, he had his secondary school education at the Ibadan grammar school Oyo State. He worked as a taxi driver and security guard to support his education while studying at the university. He made his first fortune at age 26 in the 1970s when he returned to Nigeria after studying in the US. He took over his mother’s sawmill business and distributed lace and other materials, he also sold Coca-Cola.  Nigeria’s former military president, Ibrahim Babangida, awarded him an oil prospecting license. He used that to build Conoil and became the first Nigerian to strike oil in commercial quantities.

If you would like to vote for Mike Adenuga, Simply register and go on to voting.


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