BREAKING NEWS: Mike Adenuga dethroned as Nigeria’s second richest man in latest Billionaire ranking by Citynobs August 27, 2025, 8:40 am Renowned Nigerian billionaire and telecoms magnate Dr. Mike Adenuga has officially lost his long-held position as the second richest man in Nigeria, according to a new ranking by the Forbes Real-Time Billionaires Index. The billionaire now sits behind Abdul Samad Rabiu, founder and chairman of the BUA Group, who reclaimed the second position after a sharp increase in his net worth…CONTINUE FULL READING>>>>