# Mike Adenuga

Founded Globacom Limited in 2003, Nigeria's second-largest mobile telecommunications operator by subscriber count; as of 2024, Globacom served approximately 60 million subscribers across Nigeria, Ghana, Benin, and Côte d'Ivoire. Globacom launched Nigeria's first per-second billing system in 2003, a pricing change that forced industry-wide tariff restructuring across all four licensed operators. Controls Conoil PLC, a petroleum-products marketing company privatised in 2000 from the former African Petroleum; Conoil operates more than 300 retail service stations across Nigeria. Also controls Conoil Producing, an upstream oil operator with positions in several onshore Niger Delta blocks.

- Region: 234
- Affiliation: Globacom & Conoil
- Industry: Telecommunications, Oil & Gas, Infrastructure
- URL: https://xecon.dev/234/profiles/people/mike-adenuga
- Updated: 2026-05-27

## Sources

1. [Wikipedia](https://en.wikipedia.org/wiki/Mike_Adenuga)
2. [Forbes](https://www.forbes.com/profile/mike-adenuga/)
3. [Whownsafrica](https://whownsafrica.com/mike-adenuga-profile-of-nigerias-richest-man-who-owns-globacom-and-conoil-plc/)