Theliberationnews can authoritatively confirm that the alleged purported death of highly successful serial bussiness man and telecommunication mogul, Otunba Michael Adeniyi Agbolade Adenuga,GCON, as was circulated on social media on Tuesday, was an absolute falsehood.

Theliberationnews discovered that the unconfirmed spurious report had elicited a gush of grief online, with many netizens posting pictures of the philanthropist with heartfelt tributes.

However, quick reactions by family members and close associates including Ovation International Chairman/Publisher, Aare Dele Momodu, had set the record straight on Adenuga’s good health affirming that the business mogul was alive and as fit as a fiddle.

Aare Momodu, the accomplished journalist took to social media to address the rumours, writing, “Ignore the fake news…

“The Spirit of Africa, Dr. Michael Adeniyi Agbolade Isola Adenuga, is hale and hearty. He’s right now at his desk working round the clock in support of the Nigerian economy. He just called me to thank everyone for their concern.”

The Adenuga family corroborated Momodu’s post with an official statement, urging the public to disregard the false news.

“Dr. Mike Adenuga is alive, in good health, and going about his regular activities,” the statement said.

The family expressed appreciation for the concerns shown by the public.

It, however, cautioned against the spread of unverified information.

Adenuga celebrated his 71st birthday on April 29 this year.

Otunba Adenuga is one of Africa’s most influential entrepreneurs, overseeing a conglomerate spanning oil and gas, telecommunications, aviation, construction, banking, and real estate.

With a net worth of $6.7 billion, he ranks as the fifth-richest man in Africa, according to Forbes.

In the wake of the false rumours, the Adenuga family and associates emphasized the need for accuracy and responsible reporting, particularly on sensitive matters involving public figures.