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Globacom

Mike Adenuga Loses $300million As Net-worth Further Declines To $3.3bn

Mike Adenuga Experienced Mixed Fortunes In Stock Market In 2025

January 12, 2026

Mike Adenuga, the founder of Globacom, a telecommunications company, and the third richest person in Africa, experienced mixed fortunes in the Nigerian Exchange (NGX), also known as the stock market, in 2025.

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NCC Halts Impending Telecom Disruption As MTN, Glo Reach Agreement

January 18, 2024

Nigerian Communications Commission (NCC) has announced the suspension of the disconnection of Globacom Limited by MTN Nigerian Communications Plc. due to a lingering interconnection debt dispute.

Business News·News

Globacom Denies Owing MTN Interconnect Charges, Calls Disconnection Notice False

January 9, 2024

In a twist to the ongoing narrative, Globacom Ltd, Nigerian Telecommunications Company, refuted claims of indebtedness to MTN for interconnect charges. A reliable source within Globacom disclosed that the purported outstanding amount

Business News·Insights

Data War Analysis: Globacom Loses Data Market Share, Over 300,000 Subscribers Stop Using 9mobile Internet Service

July 20, 2023

MTN Nigeria and Airtel outperformed Globacom and 9mobile in the first five months of 2022, as the telecommunications industry recorded a 4.76 million increase in the number of active data subscribers. The

NCC Issues New Customer Guidelines To Network Providers, To Deactivate Unused Phone Lines

Business News·Insights

MTN Nigeria, Airtel Lose Over 600,000 Call Subscribers To Glo, 9mobile

May 19, 2023

The number of active telephony subscribers in Nigeria fell in the first quarter of 2023 by 58,900 or 0.02 per cent, according to the telecommunications industry’s data analysed by Prime Business Africa. At

Business News·Insights

9mobile Disappoints, MTN Dusts Airtel, Glo, As Telcos Gain 12.6m Internet Users

March 31, 2023

The battle for internet users in Nigeria in 2022 was won by MTN Nigeria, as the company recorded the highest growth in its data subscriber base, compared to Glo, Airtel Nigeria and

Amid Lawsuit, FG Removes 5% Excise Duty On Calls, Data

Business News·Insights

4 Nigerian Network Providers With Highest Subscriber Growth 2022

December 30, 2022

The number of active subscribers for telephony services or voice calls in Nigeria grew by 11.86 per cent year-on-year to 214.35 million at the end of October 2022. Prime Business Africa’s industry

Business News·Insights

Data War: 9mobile Loses Over 970,000 Data Subscribers, As Airtel Outperforms MTN, Glo

December 13, 2022

In the first nine months of 2022, 9mobile suffered a significant loss in its internet subscriber base, with Airtel Africa recording the highest growth compared to MTN Nigeria and Globacom. As the

Business News·Insights

What’s Happening To Mike Adenuga: Drops On Billionaire Ranking, As Glo Loses Almost N0.2billion Investment

June 29, 2022

Globacom founder, Mike Adenuga, began last year as the fourth richest man in Africa, a position he held alongside South African Fashion and retail business mogul, Johann Rupert. However, Rupert’s has gone

Business News

Airtel, MTN, 9mobile Are Biggest Losers, As Nigerians Leave Network For Rivals

June 7, 2022

In the last four months, Airtel, 9mobile and MTN Nigeria were the biggest losers in the telecommunications market, as over 15,000 network users left one telco to the other, using the porting

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Globacom

Mike Adenuga Experienced Mixed Fortunes In Stock Market In 2025

NCC Halts Impending Telecom Disruption As MTN, Glo Reach Agreement

Globacom Denies Owing MTN Interconnect Charges, Calls Disconnection Notice False

Data War Analysis: Globacom Loses Data Market Share, Over 300,000 Subscribers Stop Using 9mobile Internet Service

MTN Nigeria, Airtel Lose Over 600,000 Call Subscribers To Glo, 9mobile

9mobile Disappoints, MTN Dusts Airtel, Glo, As Telcos Gain 12.6m Internet Users

4 Nigerian Network Providers With Highest Subscriber Growth 2022

Data War: 9mobile Loses Over 970,000 Data Subscribers, As Airtel Outperforms MTN, Glo

What’s Happening To Mike Adenuga: Drops On Billionaire Ranking, As Glo Loses Almost N0.2billion Investment

Airtel, MTN, 9mobile Are Biggest Losers, As Nigerians Leave Network For Rivals

Glo Set To Excite Nigerians With ‘Battle Of The Year’ Reality Tv Show

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