mike adenuga

Oil Billionaires Who Recorded Losses In H1 2025

Five major investors of oil companies listed on the Nigerian Exchange Limited (NGX), also known as the Nigerian stock market, recorded a decline in their investments within the first half (H1) of

Prime Business Africa

August 20, 2025

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

Business·Top Stories

Mike Adenuga Buys More Shares In Sterling Financial Holdings After Dilution Reduced Stake

Mike Adenugu, the second majority shareholder of Sterling Financial Holdings Company, parent company of Sterling Bank, has purchased more shares in the lender after a rights issue conducted by the bank reduced

Prime Business Africa

August 8, 2025

Business·Top Stories

Five Bank Majority Shareholders Lost N49.43bn In H1 2025

Five majority shareholders in the banking industry lost N49.43 billion in the first half (H1) of 2025, after the share prices of their banks plunged. The five majority shareholders, comprising Ladi Balogun,

Prime Business Africa

August 6, 2025

Business·Top Stories

Mike Adenuga Loses N94.60bn In Conoil Investment

In the first half (H1) of 2025, Mike Adenuga, a Nigerian business mogul, lost N94.60 billion in his investment in Conoil Plc, according to Prime Business Africa’s analysis. Adenuga holds indirect shares

Prime Business Africa

July 29, 2025

Business·Top Stories

Mike Adenuga’s Investment In Sterling Bank’s Parent Company Drops By N615m

The investment of Mike Adenuga, the founder of Globacom, in Sterling Financial Holdings Company Plc, parent company of Sterling Bank, dropped in the first quarter (Q1) of 2025, according to analysis by

Prime Business Africa

May 19, 2025

Business·News

Dangote, Rabiu, Adenuga Make Forbes 2023 World Billionaire Rankings

Three Nigerians have made the list of the recent Forbes World billionaires ranking for 2023. The list, which came out on Tuesday, has a total of 2,460 billionaires globally, but with a

Peter Okoye, PBA Journalism Mentee

April 6, 2023

Business·Insights

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

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

Fakoyejo Olalekan

June 29, 2022

News

Buhari Honours Allen Onyema, Rabiu, Ovia, Adenuga With National Merit Award

Founder and chairman of BUA Group, Abdul Samad Rabiu, has been honoured with the National Productivity Order of Merit Award (NPOM) presented by President Muhammadu Buhari at an event in Abuja on

Victor Ezeja

May 12, 2022

Business

Nigerian Billionaire Plots To Unseat Dangote As Richest Man

The chairman and CEO of BUA Group, Abdul Samad Rabiu has become the second richest billionaire just after Aliko Dangote in less than 24 hours. The ranking of Nigerian richest billionaire changed

Queen Nwabueze

January 10, 2022

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Oil Billionaires Who Recorded Losses In H1 2025

Mike Adenuga Buys More Shares In Sterling Financial Holdings After Dilution Reduced Stake

Five Bank Majority Shareholders Lost N49.43bn In H1 2025

Mike Adenuga Loses N94.60bn In Conoil Investment

Mike Adenuga’s Investment In Sterling Bank’s Parent Company Drops By N615m

Dangote, Rabiu, Adenuga Make Forbes 2023 World Billionaire Rankings

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

Buhari Honours Allen Onyema, Rabiu, Ovia, Adenuga With National Merit Award

Nigerian Billionaire Plots To Unseat Dangote As Richest Man

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