metro

Updated: FCMB founder Subomi Balogun dies at 89

Updated: FCMB founder Subomi Balogun dies at 89

Founder of FCMB, Otunba Michael Subomi Balogun, has died at age 89.

A report from PM News said he died in a London hospital on Friday morning.

Balogun celebrated his 89th birthday in March.

An alumnus of Igbobi College, he studied law at the London School of Economics.

The deceased practised as a lawyer in the regional justice ministry and then at the federal ministry of justice until the January 1966 coup.

Balogun ventured into banking and joined the Nigerian Industrial Development Bank (NIDB).

He also ventured into several commerce and economics firms until FCMB was established in 1979.

Trends Admin

Recent Posts

UNGA 81: Trump Threatens to ‘Annihilate’ Iran if No Deal Is Reached

UNGA 81: Trump Threatens to ‘Annihilate’ Iran if No Deal Is Reached United States President…

3 hours ago

Mambilla: Malami Defends $200m Settlement, Rejects ICC Corruption Findings

Mambilla: Malami Defends $200m Settlement, Rejects ICC Corruption Findings Former Attorney-General of the Federation and…

3 hours ago

Obasanjo Family, Orji Kalu Among Nigerians Linked to $271m US Property Investigation

Obasanjo Family, Orji Kalu Among Nigerians Linked to $271m US Property Investigation Members of the…

3 hours ago

Phyna, Nkechi Blessing Take Social Media Feud To Boxing Ring In Lagos

Phyna, Nkechi Blessing Take Social Media Feud To Boxing Ring In Lagos Reality TV star…

5 hours ago

Nationwide Blackout Looms As Electricity Workers Give NAF Three-Day Ultimatum

Nationwide Blackout Looms As Electricity Workers Give NAF Three-Day Ultimatum A nationwide blackout could occur…

5 hours ago

Edo Police Arrest Cleric Over Alleged Abduction, Sexual Abuse Of Five Girls

Edo Police Arrest Cleric Over Alleged Abduction, Sexual Abuse Of Five Girls The Edo State…

5 hours ago