Who Owns Glo? Full Story of the Founder and the Company

Globacom, popularly known as Glo, is one of Nigeria’s biggest telecommunications companies, renowned for affordable data, wide coverage, and innovative services. But who is the visionary behind Glo?

In this article, you’ll learn about who owns Glo, the company’s history, and its impact on Nigeria’s telecoms industry.

Who is the Owner of Glo?

Globacom Limited (Glo) is 100% owned by Dr. Mike Adenuga Jr., a Nigerian businessman and billionaire.
Mike Adenuga is currently one of the richest men in Africa, with a fortune built on telecoms, oil, and real estate.
He founded Glo in 2003 to compete with MTN and Airtel, offering affordable services and empowering Nigerians with better connectivity.

Quick Facts About Mike Adenuga

Born: April 29, 1953
Nationality: Nigerian
Forbes ranking: Among the top 10 richest Africans as of recent years.
Other businesses:
- Conoil Producing — an oil exploration company.
- Real estate investments in Nigeria and abroad.

Mike Adenuga is known for being private but highly impactful in Nigeria’s business landscape.

Brief History of Glo

Founded: August 29, 2003
Headquarters: Lagos, Nigeria
Type: Private company, 100% owned by Adenuga
Notable achievements:
First network to introduce Per Second Billing in Nigeria.
First to offer affordable internet bundles (“Grandmaster of Data”).
Expanded operations to Ghana and Benin Republic.
Sponsorship of major sports events, entertainment, and community projects.

Glo’s Impact in Nigeria

Created thousands of jobs directly and indirectly.
Brought down the cost of telecom services through competition.
Supports education, sports, and culture through CSR initiatives.

Glo is fully owned by Dr. Mike Adenuga Jr., a visionary entrepreneur who revolutionized Nigeria’s telecom sector with affordable and innovative services. His boldness and investments have made Glo a household name and a true Nigerian success story.

Next time you recharge your Glo line, remember it’s a proudly Nigerian company, owned and run by Nigerians.

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