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Tobi Kukoyi: The Amazon Restoring Sexual Sanity, Happiness Among Couples

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By Eric Elezuo

Do you have a challenge responding to sexual approach or drive, or as a man, it has become increasingly difficult to perform maximally in bed, and satisfy your woman? The solution is not far away or far fetched as a trado-medicine specialist, Tobi Kukoyi, has stepped out with far reaching remedies to restore sexual drive among couples, enjoyable intercourse and happiness in homes.

The last of seven children, Tobi Kukoyi was born on June 3,1984 in Ijebu Ode, Ogun State. She attended Adeola Odutola Elementary school, Ijebu Ode before proceeding to the Federal Government College Odogbolu, also in Ogun State for her Secondary School Certificate. She was to obtain a B.Sc in Mass Communication and from the Olabisi Onabanjo University (OOU) formerly Ogun State University in 2006.

A very promising child, Tobi sharpened her entrepreneurial skills while a student at OOU, and thus was propelled to establish her first company, Gold Rush Beauty; an enterprise dedicated to beauty and aesthetics. Ever since, she has not stopped in creating aesthetics and its likeness.

She confirmed that it was her desire to be financially independent that drove her into aggressive entrepreneurship. Hear her: “It’s a wonderful feeling to look back and see where I’m coming from and the experience I had in school. The level of hustling in school was real and I wanted to be financially independent among other things.”

Having tasted entrepreneurship, Tobi couldn’t wait to launch big time into the world of enterprise on graduation, and so, driven with the zeal to affect the world, she put almost everything she has into her business; her doggedness, zeal, comportment, determination, right attitude, can-do-attitude among other rare qualities which have placed her in the front burner of entrepreneurship and research. These saw her undertaking a makeup and skincare course at Sonya Beauty Academy in 2007. The objective was to further horn her skills. It is not therefore, a surprise that today, she is a pacesetter in the field of trado-medicine, bringing succour and refreshment to sexual relationships.

While horning her skills preparatory to running a successful enterprise, Tobi was privileged to take up a job as a Floor Manager at Chocolat Royal, a popular sweets and confectionary store in the highbrow Victoria Island, Lagos, where she was saddled with the responsibility of supervising operational staff, management of inventory and assisting with customers queries and requests. Of course, she did not only excel, but she left lasting print in the organisation.

When she left Chocolat Royal, she became of boss of her own, taking up distributorship duties with the global brand, Forever Living. While at it, she came up with ‘strategies and plans for pushing direct sale of the products, recruiting and coaching additional distributors and facilitating seminars on health and wellness’. With the requisite experiences acquired and a business structure in her kit, she finally registered her company GoldRush Beauty Concept in 2010.

Tobi’s announcement into the world of her chosen endeavour was her discovery of a potent aphrodisiac, known as Kayanmata, an Hausa word for woman’s thing. This was the sole remedy to loss of sexual drive, which fortunately, she was a victim of. Kayanmata, she had often said, is a child of circumstance because its discovery in the northern part of Nigeria, was phenomenal. It was at a time she actually needed it owing to her curiosity to end a trauma. A sexuality trauma!

“After my first child, I sort of lost interest in sex, and for six whole months, I was not involved in sexual intercourse. The appetite and drive were not just there. My husband gave me some space because he felt I needed the space, especially as I had my child through Caesarean operation,” she narrated.

It was her quest however, to rediscover herself that led to the discovery of kayanmata, and “I got my groove back”, she enthused.

“Kayanmata is not fetish, it is a local herb and a potent aphrodisiac,” she added.

With these experiences, she was propelled to give a new lease of life to her business, thereby expanding it beyond her imagination. At this time, she was armed with complete knowledge of aphrodisiac, she followed it up with an online course on sex therapy, after which she launched the Mydsiac brand, with a view to providing men and women with the much needed herbal solutions to issues affecting their sexuality, and making sure that no one suffers what she suffered as far as sex is concerned.

She explained further: “Mydsiac is a corruption of My Aphrodisiac, and it thrives on using the popular Kayanmata and other herbs to produce organic products that solve sexual problems. You’d be surprised at the number of people who are secretly struggling with these problems and don’t know what to do to solve same. Meanwhile there’s a fantastic solution right here in the country.”

Tobi set out to find a societal need to meet, and she discovered the most precious need of all. Sex has contributed to the nourishing of families, and sadly enough has also contributed to the irredeemable collapse of most families.

“Good sex keeps families while frustrated sex can cause a lot of damage, including depression which can ignite suicidal tendencies. The good news is that no matter the age, one can still be active sexually, and perform optimally,” she said, adding that her kayanmata therapy is well formulated to recreate good sex.

As expected, Tobi has developed the market of aphrodisiac to become a huge financial base for herself and other operators. She has also taking it upon herself to educate the public on vital sex and relationship matters using her YouTube Vlog series tagged “Aunty Tobi talks”.

She has also signed on via Mydsiac brand some Nollywood celebrities as brand ambassadors. They include Nosa Rex Okunzuwa (Lagos real fake life) and Seyi Edun (Wonuola). These personalities are helping to change the falsehood over the use of herbs and organic products in solving sexual problems.

She spoke more on salient issues including her involvement in the sales of ‘mantle’ for favour, luck, bonding, love among others. She said a lot of things can be achieved through ‘conjuring’. Excerpts:

Did you have any formal and traditional training that equipped you to operate in this field?

I attended one or two mentorship programmes that helped me to put my foot on the ground. Then I distributed for somebody for about four months, and had the opportunity to understudy the industry before I started my brand. To her, I was selling, but I knew I am an entrepreneur understudying the business.

Does the mantles you sell have any spiritual undertone?

It is just mantles…just as we use the anointing oil, handkerchiefs and the likes. It is not only in Nigeria that those things thrive. There are herbs you can use to conjure, such as the sage, which is used to drive away bad energy or spirit when boiled. These are herbs from nature. We have the likes that can be use to conjure attraction, bonding, favour, luck etc. Among some people, salt in water can help in cleansing, and these are natural remedies.

Is the use of the word ‘conjure’ not the reason most people think your brand is fetish?

A lot of people get it wrong. We have different cultures that do ‘conjuring’: different cultures with their different beliefs, especially the South Americans. Most of them have even adopted our native names like Osun, Eledumare etc that they use. It is a matter of speaking into something, and it works for you. So many nationalities have so many figurines for good luck and favour among others. These are nothing, but because ours is coming from Africa, we label them as witchcraft. While we were growing up, my mum would tell me that she put honey in my mouth ‘so that people marvel when they listen to your voice’, especially when you are going for interview. This is just what we mean by conjuring; everybody with their different beliefs.

What’s your clients’ response so far?

It’s been fire. It’s been really amazing. For the sexual part, a lot of people has sexual issues. In fact, nine out of 10 men believe they have not been performing well in bed, especially from the age of 35 and above. They believe they can do better but because of life pursuit and distractions, their attentions are diverted. So, when they see that there is something they can use to perform better, they rush at it. On the other hand as regards women, and from the same age groups, once the babies start coming, a lot of things will begin to take their attention, and then the sex drive will begin to drop. So, when they also see what could help them be the woman they want to be, and not allow their husbands look outside, they rush at it. You know there are very young girls coming up now, who are full of life and fire, and you know, women do not want to share; so they rush this thing. The response has been amazing.

And for favour, attraction and more, it is basically the same way. Everybody want to do great things, and once they come across this enabling factor, they go for it. It is not ‘jazz’, and they know they don’t have to kill anyone or shed blood. So they rush at it. The market is really huge.

Is it compulsory that the two involved must use it so that the sex drive can be balanced?

Yes, it is very good, but not compulsory. Some people believe that they have high sex drive, but by the time they meet their match, they are floored. So, I advise that both parties should use it. Some buy for themselves and their partners, sometimes to encourage the other persons, and sometimes to ensure that both of them had a pleasurable time.

By the market being huge, do you mean it is putting food on the table?

Oh, yes it is. The market is huge. The truth is that we have not been able to value the aphrodisiac market in this country. It is really huge. It is an industry that really needs to be tapped.

People use to think that the aphrodisiac trade is not open, but done behind the curtains

Honestly, but we are the bold ones that can come out to talk about it. People still come behind to ask for their requirements. And thank God for the outline trade, people can hide behind their keypads to make their purchase. This way, it brings more people.

Are there more researches towards making more discoveries in this field?

Oh yes! If not for the pandemic, we would have gone to different states to seek more herbs, and uses. We just want to keep introducing new things. The pandemic has slowed that down.

How is the medicine packaged or stored?

It comes in different dimensions; powder, liquid, as food, soap, cream, oil and so on.

Is the usage a one off thing?

Some people don’t need to use continually. These things are curative. It can adapt to some people’s system once it is used because it is herbs. It is organic, and has adaptive gene. So it adapts to their system and corrects their conditions. Again, some people get addicted, believing they can’t perform without it. So they keep buying and using it.

For those who think they can’t perform without it, do they take it just before intercourse or how is it administered?

They can use before intercourse, yes. The good thing is there is no overdose. It is basically food.

Do you have any social corporate responsibility you have performed or is performing as a business venture?

Yes, we have a lot. During the lockdown, we carried out a lot of benevolence. This was from both online and off line. We partnered with some NGOs to give as much as we could. Even till now, we are still involved in benevolence; doing giveaways at random.

MORE CHARITY ACTIVITIES

Tobi recognised that the society from where she operates deserve to receive back a chunk of what she has achieved, and so has engaged in various projects to assist mankind and humanity.

Consequently, she has given free skin care and make up trainings for youths in Mende, as well as organised skills acquisition programme, also for Mende community in Maryland.

Other programmes and projects Tobi has been involved in are:

  • Empowering youths for good governance at the Ikogosi warm spring resort Ekiti by the Oyebode support team Akure.
  • Queen Moremi Ajasoro Beauty pageant: empowerment and mentorship programme organized by House of Oduduwa in conjunction with International Women society, which was a seminar for the applicants of the pageant.
  • The Girl child empowerment seminar tagged Girls just wanna have funds: turning passion into profit,
  • The Free financial Master class empowering the youths on how to make use of social media to accelerate business growth.

In other developments, she partnered with the You Are Not Alone (YANA) Foundation during the lockdown to help the less privileged. She visited Apogbon Isale Community in Ketu, Lagos, a low-income residential area, where she distributed clothes, beddings, curtains, cooking pots and other household items.

“Many families are living within the poverty line and there are so many things parents have to think about providing besides food and education. From time to time, I take it upon myself to support the less privileged in the society, and I’m glad to have partnered with the YANA Foundation on this. It’s a beautiful experience helping the needy,” She said.

A rare gem, full of developmental ideas, with flowing milk of human kindness, Tobi is married to Dapo Kukoyi, and both are blessed with two children.

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Koumagnon Family Pledges Unalloyed Support for Romuald Wadagni As President

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By Eric Elezuo

The Koumagnon Family and Allied Families of Seme-Kpodji, of the Republic of Benin, led by Monsieur Alberto Koumagnon, has declared their unflinching support for the candidacy of Romuald Wadagni as he steps out on Sunday to vie for the presidential seat of the Republic of Benin.

In statement of declaration, the families observed that Wadagni is propelled by a ‘vision embodied in this ambitious, realistic project, resolutely focused on the future of our country’.

The declaration is presented in full:

DECLARATION OF SUPPORT BY THE GREAT KOUMAGNON FAMILY AND ALLIED FAMILIES OF SÈMÈ-KPODJI FOR CANDIDATE ROMUALD WADAGNI

The great KOUMAGNON family and allied3 families of Sèmè-Kpodji, deeply committed to the values of peace, progress, and development, followed with particular interest the presentation, on Saturday, March 21, 2026, of the “Further Together” (Plus loin ensemble) social project by our dear candidate, President Romuald WADAGNI.

Following this important political event, and gathering on this day, 04/04/2026, we wish to express our full support for the vision embodied in this ambitious, realistic project, resolutely focused on the future of our country.

From the outset, we, descendants of the KOUMAGNON family and allied families, commend the enlightened leadership of President Patrice TALON who, faithful to his commitment to building a modern and prosperous Benin, has been able to propose to the presidential majority a competent, credible candidate who brings hope for consolidating achievements.

In this dynamic of continuity and progress, the candidacy of President Romuald WADAGNI is fully in line with the continuation of the structural reforms undertaken over several years in all sectors, particularly in infrastructure.

In this regard, we recognize and commend the many achievements of the government, especially road infrastructure, which has significantly improved mobility and living conditions for the populations of the communes of Sèmè-Kpodji and surrounding areas.

Moreover, these remarkable efforts reflect a constant determination to connect localities, stimulate economic exchanges, and sustainably strengthen the attractiveness of our territories.

Building on these achievements and firmly oriented toward the future, we are convinced of the relevance of the “Further Together” project.

Therefore, the great KOUMAGNON family and allied families of Sèmè-Kpodji give their firm, committed, and unconditional support to candidate Romuald WADAGNI, as well as to his running mate, Mrs. Mariam Chabi Talata Zimé Yérima.

In the same spirit, we call on all daughters and sons of Sèmè-Kpodji, as well as all citizens committed to peace and development in our country, Benin, to mobilize massively in support of this hopeful momentum by turning out in large numbers on April 12.

We also wish to assure our dear candidate of our commitment to mobilize widely to ensure a high voter turnout in the commune of Sèmè-Kpodji.

Together, let us continue the efforts undertaken.

Together, let us consolidate our achievements.

Together, let us go further.

Long live Benin on its path toward progress!

Long live the WADAGNI–TALATA ticket!
Thank you.

Done at Sèmè-Kpodji, on 04/04/2026

The great KOUMAGNON family and allied families

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The Billionaire Gang: The Quartet That Keeps Nigeria in Limelight

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By Eric Elezuo

With a loud ovation, Nigerians reveled at the announcement of its billionaire-quartet, Aliko Dangote, Mike Adenuga, Femi Otedola, and Abdulsamad Rabiu as among Africa’s richest individuals in 2026.

The four has constantly put Nigeria in the limelight, ensuring that Forbes is never complete without a mention of the giant of Africa, Nigeria

According to the latest Africa Billionaires ranking released by Forbes, Dangote retained his position as Africa’s richest man, with an estimated net worth of $28.5 billion. He added about $4.6 billion to his fortune over the past year, largely driven by the strong performance of Dangote Cement on the Nigerian Exchange Limited.

Telecommunications magnate Adenuga also retained his place among Africa’s billionaires.

The founder of Globacom and chairman of Conoil Producing remains one of Nigeria’s most influential entrepreneurs with diversified interests spanning telecoms, oil and gas, and banking.

Otedola, chairman of Geregu Power Plc, also featured on the list despite a slight dip in his wealth over the past year. Forbes estimates that the billionaire investor lost about $200 million following the sale of a majority stake in the power generation company at a discount to its market price.

The increase in Rabiu’s net worth was largely driven by the performance of BUA Cement, whose shares rose 135% over the past year, outperforming the broader rally on the Nigerian stock market.

The 23 billionaires on the continent are now worth a combined $126.7 billion, representing a 21% increase from 2025 after they collectively added $20.3 billion to their net worth.

Across the continent, billionaire fortunes were boosted by strong equity market performance, record corporate profits, and improving currency stability in several African economies.

South Africa remains the highest number of billionaires on the list, with seven individuals, followed by Egypt with five, Nigeria with four, and Morocco with three.

Here is a peep into the world of Nigeria’s Billionaire-Quartet.

ALIKO DANGOTE

For the President of the Dangote Group, Alhaji Aliko Dangote, and his multifaceted group, playing second fiddle has never been an option. Both the enterprise and the entrepreneur have maintained market leadership to the extent that Dangote himself has appropriated the richest man in Africa status to himself, and has hardworkingly sustained the tag for as long as anyone can remember.

Since 2014, when Forbes magazine named him the world’s 23rd billionaire, jumping 20 spots on the scale from his previous 43rd position among the elite club of the world’s richest people. Aliko Dangote has not looked back, winning back to back the accolade among African billionaires, and never slipping from the world ranking.

Again, as expected, the famous Forbes has proclaimed the soft spoken businessman as Africa’s richest man for the 12th time in a row; a proof that the name Dangote is synonymous with consistency. He is a businessman, who understands that no man rest on his oars if turnovers have to continue to turn over. With marked differentiation, he has demystified the business terrain, and proved that if it can be done, then it must done. His establishment of the humongous fertilizer and sugar plants and the ambitious refinery in Lekki, Lagos, Nigeria, are testimonies of the trajectory of one who knows his onions.

Worth $13.4 by the last Forbes ranking, which sustained him as the richest man in African for the 11th time, entrepreneur extraordinaire  has the following points to his name:

  • Aliko Dangote, Africa’s richest person, founded and chairs Dangote Cement, the continent’s largest cement producer.
  • He owns 85% of publicly-traded Dangote Cement through a holding company.
  • Dangote Cement has the capacity to produce 48.6 million metric tons annually and has operations in 10 countries across Africa.
  • After many years in development, Dangote’s fertilizer plant in Nigeria began operations in mid-2021.
  • Dangote Refinery, under construction since 2016, hit the public space since 2024, and is one of the world’s largest oil refineries, with a capacity of 650,000 barrels per day production.

The above and many has remained the factors that have made it easy for the billionaire to remain in the top echelon of world’s money men, and the supremo among African businessmen. Little wonder he is one of the few recipients of the GCON national honours reserved for top politicians of vice president ranking and top government appointees.

Born in Kano in 1957, Dangote proudly shuttles between three wonderful tags as the richest man in Nigeria; the richest man in Africa and the richest Black man in the world. He has paid his dues, and mankind is the better for it.

Releasing impacts, Aliko Dangote Foundation (ADF), the private charitable foundation of Alhaji Aliko Dangote. Incorporated in 1994, as Dangote Foundation, is saddled with the mission to enhance opportunities for social change through strategic investments that improve health and wellbeing, promote quality education, and broaden economic empowerment opportunities. 20 years later, the Foundation has become the largest private Foundation in sub-Saharan Africa, with the largest endowment by a single African donor.

The primary focus of ADF is child nutrition, with wraparound interventions centered on health, education and empowerment, and disaster relief. The Foundation also supports stand-alone projects with the potential for significant social impact.

The Foundation works with state and national governments and many highly reputable international and domestic charities, non-governmental organizations and international agencies to advance its humanitarian agenda.

In one of its biggest collaboration to date, Aliko Dangote Foundation started working in partnership with the Bill and Melinda Gates Foundation and key northern State Governments in Nigeria from 2013 to eradicate polio and strengthen routine immunization in Nigeria.

Worthy of praise is the fact that nearly a decade, the Foundation has spent over N7 Billion in the course of feeding, clothing and the general welfare of the Internally Displaced Persons in the Northeast.

To make his host communities feel at ease, and the impact of his presence, Dangote has embarked on an initiative to provide further support to improving educational systems in Ibeju-Lekki and Epe locality. The educational support initiative is a tripartite programme consisting of scholarship, capacity building for teachers and school infrastructure projects.

In addition, Scholarships have been awarded to 52 secondary school students whilst some financial support was provided to their parents and/or guardians. Tertiary students will be included in the next batch of the scheme.

Furthermore, about 100 teachers, principals and school administrators were trained in teaching techniques for the 21st century. After which they were monitored in class on how they were using the skills acquired.

There is hardly any sector that has not felt the milk of human kindness running through Aliko Dangote; the military, media, politicians, governments across boards and more.

Dangote is surely an asset to this world!

As at today, there is no space for slowing down for Dangote as he continues to trudge on, creating firsts after first for himself and for humanity. He is blessed with three wonderful daughters, who have followed the rewarding footprints of entrepreneurship, and is looking forward to hitting the richest man in the world status. And very soon too.

ABDULSAMAD RABIU 

Abdulsamad Rabiu’s consistent climb on the ladder of success has become phenomenal. The unassuming Chairman at BUA Group has become a study in entrepreneurial discipline, focus, philanthropy and intentional sacrifice. But what can actually be said of a man who has steadily evolved as one of Africa’s biggest investors, in fact, the biggest in the order of reckoning on the Nigerian Exchange. He has graciously used his BUA Foundation and the phenomenal Abdul Samad Rabiu Africa Initiative to not only affect lives, but ensured that the people of the world, especially his native Nigeria, live in better comfort. The Chairman/Chief Executive Officer, Bua Group, makers of quality cement, sugar, flour among other wonderful household items has been a epitome of enterprise. He is presently by divine and entrepreneurial orchestration one of Nigeria’s richest investor. He is also the third richest man in the Africa, by Forbes calculation behind Nigeria’s Aliko Dangote, South African billionaire, Johann Rupert.

In 2023, via a list compiled by Billionaires in Africa revealed the rankings on the Nigerian Exchange, NGX, showing that Abdulsamad Rabiu, the billionaire businessman and industrialist, overtook Aliko Dangote as the richest investor in the country, albeit temporarily.

According to data tracked by Billionaires.Africa, Rabiu’s holdings in his publicly-listed businesses on the local bourse were valued at an impressive $6.01 billion, making him the only investor with an investment portfolio worth over $6 billion then. This is a feat that can only be achieved through wholesome business acumen and dedication.

Born August 4, 1960, in Kano, to one of Nigeria’s foremost industrialists in the 1970s and 1980s, Khalifah Isyaku Rabiu, Abdul Samad Isyaku Rabiu CON is a perfect combination of many things in one.

It was in his native Kano that he kick-started his academic pursuit, carousing through elementary education with ease as a gifted child, and obtained his First School Leaving Certificate. He was later admitted into the Federal Government College, Kano, where he had his secondary education, and gradually with honours.

With a combination of fate, brilliance and determination, Abdulsamad was catapulted to Capital University in Columbus, Ohio, where he studiously studied Economics, and acquired his tertiary education before returning to Nigeria, all before his 24th birthday, to oversee his family business. He was that much sought after, and highly brilliant, and considered capable of holding fort for his father, who was being detained by the administration of General Muhammadu Buhari over matters concerning import duties.

In 1988, just after learning the ropes of entrepreneurial excellence, Abdul Samad Rabiu established BUA International Limited, for the sole purpose of commodity trading. The company followed after the footsteps of his father, and imported rice, edible oil, flour, iron and steel.

In 1990, having exhibited the character worthy of a world class entrepreneur, and the ability to execute classical projects, Rabiu’s BUA was invited by the government, which owned Delta Steel Company to supply its raw materials in exchange for finished products. This provided a much-needed leverage for the young company, and consequently expanded further into steel, producing billets, importing iron ore, and constructing multiple rolling mills in Nigeria.

Rabiu’s dexterity showed further a few years later, when the company acquired Nigerian Oil Mills Limited, the largest edible oil processing company in Nigeria, and there erupted the company’s and BUA’s influence and care over the people in the provision of affordable edible oil. His passion to see people excel in comfort has continued to make him churn out one great tiding after another, and endearing him in the hearts of the generality of the public.

A man with a vision for tomorrow, Rabiu, in 2005, started two flour-milling plants, in Lagos and in Kano, and by 2008, had broken an eight-year monopoly in the Nigerian sugar industry by commissioning the second-largest sugar refinery in sub-Saharan Africa. This was a feat only a bravest of hearts could wroth. As a result, in 2009, the company went on to acquire a controlling stake in a publicly-listed Cement Company in Northern Nigeria and began to construct a $900 million cement plant in Edo State, completing it in early 2015. Rabiu’s passion for expansion is unequalled.

BUA Group has since concentrated and excelled in manufacturing, infrastructure and agriculture and producing a revenue in excess of $2.5 billion. This is in addition to being the chairman of the Bank of Industry (BOI).

The Group, in 2019, announced plans to merge its privately owned BUA Cement with the publicly traded Cement Company of Northern Nigeria Plc (CCNN), to create Nigeria’s second largest cement producer thereby consolidating the grip on the cement market and breaking its monopolistic status.

MICHAEL ADENUGA

Michael Adenuga Jr. is one entrepreneur, who has proved over the decades that he is not the regular billionaire. He is of the stock that is not regulated by stock market figures, but by liquid cash. And that explains why his wealth and net worth supercedes whatever figures churned out by any institution, or any position he is placed in the billionaires’ list.

Adenuga is, for all intent and purpose, in a world and class of his own. This is because his business trajectory and personal philosophy are uniquely his, and therefore worthy of emulation.

Sitting atop one of the most cherished and subscribed network, Glo, Adenuga has not only inspired lives, but practically lifted not a few to enviable heights.

Known for his diverse investments in oil, gas, telecommunications, banking, construction, and real estate, Mike Adenuga notably shook up the African telecom sector with the launch of his telecommunications network, Globacom Limited (Glo), in August 2003.

Also referred to as The Guru, Adenuga is like the proverbial Iroko tree, who is unlike any other. In terms of humility, pedigree, magnanimity, wealth and portfolio of investments, he is one of a kind.

“As of Jan. 1, 2024, Forbes, the U.S.-based business magazine renowned for tracking global billionaire fortunes, estimated Adenuga’s wealth at $6.1 billion. By Dec. 31, 2024, his net worth had grown to $6.8 billion, ranking him as the 448th richest person in the world. Adenuga’s wealth is anchored in his control of Globacom, Nigeria’s second-largest mobile telecommunications and digital services provider, which boasts over 60 million subscribers,” according to Billionaires.Africa

Adenuga is fondly remembered for launching operations on Per Second Billing, thus ensuring subscribers only pay for actual time spent on a call instead of the practice of billing customers N50 per minute even when the call cuts off at just 2 seconds. It also crashed the cost of SIM card from N30,000 to N6,999 and later N100, thereby making it possible for low income earners, students and artisans to own GSM lines today. It is now one of the most recognizable brands across the continent.

Love him or hate him, you can’t fault him. He is an enigma. A definition of class, humanity, intellectual discipline and entrepreneurial acumen. He is the very epitome of when the going gets tough, the tough gets going. And of course, a reference point and research material when it comes to philanthropy. Dr. Mike Adenuga doesn’t give little or give just for giving sake. He gives to sort and solve a lasting challenge. Yes, he is Dr. Michael Adenuga Jr., ‘The People’s Billionaire,’ and without introduction, the brain behind the increasingly success stories recorded at the Globacom Group, among his many other conglomerates and subsidiaries.

Known by many appellations, such as the Spirit of Africa, a rare gem, walking kindness, moon amongst the stars, owner of wealth beyond money, the mighty oak, the man with the gift of Foresight, the Bull, Pillar of sports among a whole lot more, Adenuga’s image looms large. He appears little, and achieves so much more. Hardly seen, but gracefully and consistently felt.

Born on April 29, 1953 to Oloye Michael Adenuga Sr and Chief (Mrs) Juliana Oyindamola Adenuga, the Yeyeoba of Ijebuland, Otun Gbadebo of Ikija and Iyalaje of Ijebu-Igbo, Dr. Mike Adenuga Jnr was not a silver spoon kid, but his parents were comfortable.

The indigene of Oru, Ijebu-Igbo, Ogun State was born and schooled in Ibadan. He attended the famous Ibadan Grammar School. He had his university education in the United States. He majored in Business administration with emphasis on Marketing.

While in school, to augment the allowance sent by his parents, he worked as a cabbie (Taxi Driver), putting in many hours of work a week. This culture of back-breaking hard work shaped him for his ambitious business adventures later in life.

Dr. Mike Adenuga Jr is married to Mrs. Titi Adenuga (nee Adewale). She provides the comfort and stability that such an incredibly busy man requires. His children are Oyin, Babajide (Bobo), Paddy, Bella, Eniola, Bimbo, Sade and ‘Niyi Jnr. He also has grandchildren.

FEMI OTEDOLA

Billionaire businessman, and Chairman, Geregu Power Plc, simply addressed as Femi Otedola (CON), is a focused and determined man. He made his choice from day one, and has refused to be derailed. This explains his prolific nature in the world of entrepreneurship, which has directed his life.

One thing is very obvious before all and sundry, and that is the fact the dotting father of four adorable children is really an Epicurus son, and has no place for half measures when it comes to giving himself, his business and of course everyone around him the good life.

It won’t be forgotten in a hurry how the philanthropist spent a whopping Three Million Pounds to rent a cruise boat in celebration of his 60th birthday in 2022.

Born on November 4, 1962, in Ibadan to the family of the late Sir Michael Otedola, a former governor of Lagos State, Otedola is a definition of everything good, positive and encouraging. He has lived his 60 years representing the very essence of living, affecting lives as a philanthropist, developing careers and manpower as a businessman, industrialists and entrepreneur, and raising biological children, who has stood their own in the society. There is hardly anywhere this tall, handsome phenomenon of a personality can be faulted.

The billionaire businessman started his education at the University of Lagos Staff School before attending Olivet Baptist High School from where he was admitted into Obafemi Awolowo University in 1980. He graduated in1985. 

A former chairman of Forte Oil Plc, the Chancellor of St Augustine University, Epe, Lagos, is the founder of Zenon Petroleum and Gas Ltd, and the owner of a number of other businesses across shipping, real estate and finance. He has recently invested in power generation as part of the liberalisation of the sector in Nigeria.

The author of the bestseller, MAKING IT BIG, who has homes in Lagos, Abuja, Dubai, London and New York City has a much impressive existence since he set out to take the bull by the horns in the field of enterprise. This is as chronicled by wikipedia. In 2003, having identified an opportunity in the fuel retail market, Otedola secured the finance to set up Zenon Petroleum and Gas Ltd, a petroleum products marketing and distribution company.

As owner and chairman of Zenon, in 2004 he invested N15 billion in downstream infrastructure development and acquired storage depots at Ibafon, Apapa as well as four cargo vessels, amounting to a combined total storage capacity of 147,000 metric tonnes. The same year he acquired a fleet of 100 DAF fuel-tanker trucks for N1.4 billion.

By 2005, Zenon controlled a major share of the Nigerian diesel market, supplying fuel to most of the major manufacturers in the country including Dangote Group, Cadbury, Coca-Cola, Nigerian Breweries, MTN, Unilever, Nestle and Guinness.

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Boss Picks

The Boss Newspaper Welcomes Folu Adebayo into Its League of Columnists

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By Eric Elezuo

As The Boss Newspaper continues to gain traction, expansion and readership across the media spaces, more intellectuals are joining the long list of columnists contributing beneficial articles and information to the reading public.

The latest among The Boss columnists is AI expert, humanitarian and leading autism advocate among others, Mrs. Mofolu Adebayo.

Folu, as she is fondly called, is an AI expert, technology architect, charity founder, philantropist and autism advocate with academic backgrounds in Science, Law and Artificial Intelligence. She brings a unique perspective that combines technical expertise with lived experience as the mother of an autistic young man.

Her work focuses on the intersection of artificial intelligence, technology policy and neurodiversity, exploring how emerging technologies can improve diagnosis, support, education and long-term independence for autistic individuals.

Folu is passionate about ensuring that innovation is inclusive, and that technology is designed with neurodiverse communities in mind. Through her writing, she aims to bridge the gap between technology, policy and real-world family experiences.

Folu, who writes about the intersection of AI, society, and human potential, also explores how emerging technologies are reshaping the future of work, education, and everyday life. She is also an autism advocate and brings lived experience to conversations about inclusive and accessible technology.

She joins eminent columnists already in the fold of The Boss Newspaper.

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