Renowned Nigerian telecom and oil magnate, Mike Adenuga, has reclaimed the position of Nigeria’s second-richest individual, surpassing Abdul Samad Rabiu, following Forbes’ reassessment of the value of his mobile phone network, Globacom
Mike Adenuga’s current net worth is now at $7.4 billion, solidifying his prominent standing in Africa’s business arena.
The founder of Nigeria’s third-largest telecom service provider, Globacom, had temporarily yielded the second-richest position to Rabiu a year and a half ago.
However, following recent reassessment, he now holds the title of Nigeria’s second-richest person, trailing only behind Aliko Dangote.
With a net worth of $7.4 billion, Adenuga also secures the fifth spot among Africa’s wealthiest individuals.