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He received the second licence in 2003 and ever since then his telecoms company which is fully indigenous has grown rapidly.

Mike Adenuga claims he got his business acumen from his mother who was also a successful businesswoman.

Over the years, this businessman has mastered the art of producing these commodities locally.

Currently, Dangote owns refineries and manufacturing plants in Nigeria and several parts of Africa.

Through his father’s university, Michael Otedola University, he set up a scholarship scheme which has helped over 1000 students since its inception.

Also, he was known to contribute N300 million to the completion of the National Ecumenical Centre, Nigeria’s primary place of Christian worship in Abuja.

Folorunso Alakija made headlines a few years ago when she unseated Oprah Winfrey to become the richest black woman in the world.

According to the latest release by Forbes, Femi Otedola has net worth of .3 billion which puts him at the third position in terms of wealth in Nigeria.

His sojourn in business started when he successful ran the family’s printing business in the 1980s.

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Consolidated Oil was the first indigenous company to strike oil in commercial quantities.

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