The earliest big local upstream operator was Conoil Producing owned by Mike Adenuga one of Nigeria's wealthiest men and the owner of the Glo mobile-phone business who secured his first oil licence during the military regime of Ibrahim Babangida in 1991...
Companies such as United Bank for Africa and Zenith Bank have made political friends in Accra as have telecommunications companies such as Glo owned by Michael Adenuga a close business associate of ex-President Ibrahim Babangida...
Telecoms impresario Mike Adenuga has bounced back despite the longrunning investigation into his company by Nigeria’s Economic and Financial Crimes Commission (AC Vol 47 No 20)...
The allegations which Abubakar denies are linked to his stewardship of the Petroleum Technology Development Fund and relations with high-profile business executives such as Mike Adenuga (currently in exile in London) and Otunba Fasawe...
to Equatorial Trust Bank owned by business magnate Mike Adenuga...
The pursuit of Mike Adenuga telecommunications mogul and close friend of Babangida and the arrest of Babangida's polo-playing son Mohammed were seen by Abubakar and Babangida supporters as mere opening shots in the campaign...
In Babangida's camp are his old friend Mike Adenuga's Devcom bank Conoil and Glo telecoms...
Former military ruler and presidential candidate in 2007 Ibrahim Babangida is close to Mike Adenuga of Devcom bank Conoil and Globacom...
Mike Adenuga's Conoil is pursuing an apparently successful bid for two blocks in the Joint Development Zone with São Tomé e Príncipe...
In hot pursuit is veteran oil trader Mike Adenuga's Conoil; he told Africa Confidential that he was confident of turning at least one of Nigeria's refineries into a 'highly commercial operation'...