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FCMB Manager Commits Suicide Over N350M Debt

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First City Monument Bank (FCMB), Mr Olisa Nwokobi shot himself in Lagos,sources revealed that the 44-year- old bank manager and graduate of Abia State University, killed himself because he was under pressure from his bank over a huge loan he was allegedly owing.

Nwokobi had reportedly gone to his priest last Friday at Our Lady Star of the Sea Catholic Church, Northern Foresore Estate, Lekki, Lagos and complained bitterly on how he approved a loan for a customer who had refused to service the loan.

It was alleged that he had told the priest that he would not stand the shame and disgrace of being dragged up and down by the Economic and Financial Crime Commission (EFCC).

A source at the church said: “He told our father to help him beg his wife and his 10-year-old daughter to forgive him. As the priest was trying to advice him, he brought out a pistol and shot himself. He died instantly.

“The church was in confusion the Rev Father could not believe his eyes. We are still confused. I think he said the loan was about N350million.

“The Police visited the church, took photographs and interviewed the priest. He shot himself. He was not killed by armed robbers. We loved him because he was an active member of the church. We know him very well. He was from Nkwelle Ezunaka, Oyi Local Government area of Anambra state. His father was also a former chairman of First bank plc.”

Another church member, Hilary who corroborated the story said: “I think he was under a spell by someone who borrowed money from the bank and refused to service it. I think the man cashed in on the fact that the loan was illegal and refused to service it. He should be arrested”

Lagos state Police Public Relations Officer [PPRO] Dolapo Badmos, who confirmed the story said: “Yes, at about 9:45am Olisa Nwakobi, of house number 11, Aladdin close, Chevron Drive, Lekki allegedly shot himself in the head with a pistol. He shot himself in front of Our Lady Star of the Sea Catholic Church Northern Foresore Estate.

“A team of policemen attached to the Ilasan Division visited the scene. An American pistol with five round of unexpended ammunition was found.” She said the corpse has been deposited at the Lagos Island morgue for autopsy.

According to her the state Commissioner of Police, Mr Fatai Owoseni has ordered full investigation to unravel why the late banker killed himself.

The deceased banker, whose late father, Chief Patrick Oguejiofor Nwakobi was a former Chairman of First Bank of Nigeria plc, a successful lawyer, politician and a respected community leader before his death might have committed suicide because of the burden of the family name.

According to the Source, it was alleged that Nwakobi was the approving officer for a N350million loan that the beneficiary defaulted in servicing.

However, reacting to the development, the bank spokesman, Mr Diran Olojo, currently on vacation debunked the story going round that the deceased killed himself because of pressure from the bank over loan.

According to him, the bank has nothing to do with what happened. “It is possible that he had personal financial issues which nobody could understand now. ”

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Ajimobi’s Eldest Child, Bisola Dies In The UK

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Late Governor Ajimobi’s first child, Bisola is dead!

 

News filtered in early Thursday, March 27, 2025 that Bisola,42 died after a brief illness in the United Kingdom.

 

The late woman before her death was the special adviser to the Minister of Budget and Planning, Atiku Bagudu.

 

Married to Kolapo Kola-Daisi, their marriage is blessed with three children.

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EFCC Arrests Top Businesswoman, Aisha Achimugu

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The Economic and Financial Crimes Commission (EFCC) recently arrested prominent businesswoman and socialite, Aisha Achimugu, following allegations of fraudulent activities related to a multi-million-naira contract awarded to her company by a South-West state.

Achimugu, who serves as the Chairman of Bluewave Exploration and Production Limited, was detained last weekend after a civil society group filed a petition accusing her of involvement in dubious dealings concerning the contract. She was granted bail the following day but has been instructed to return for further questioning in the coming week.

Beyond her corporate endeavors, Achimugu is well-known in elite circles across Lagos and Abuja. Her social media presence showcases a lavish lifestyle, featuring exotic vacations, exclusive yacht parties, and private jet travels.

This arrest marks a significant challenge for Achimugu, whose business empire and social standing are now under intense public scrutiny. The EFCC’s investigation is ongoing, and the outcome may have far-reaching implications for her career and reputation.

A source hinted that Achimugu was asked by the commission to report back on the 30th of March,2025 for further questioning.

Not really bothered by the investigation, the billionaire days after her arrest launched a 30-day feeding Ramadan programme where she targets the less-privileged.

 

Additional Information- Streetjournal Magazine

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Obasa Missing as Lagos Assembly Sits, Lauds President Tinubu

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The Lagos State House of Assembly convened for a crucial legislative session yesterday, but an unexpected absence stole the spotlight, the ousted Speaker Mudashiru Obasa was nowhere to be seen. The sitting, which focused on key legislative matters and a commendation of President Bola Ahmed Tinubu’s leadership, went on without Obasa, raising eyebrows among lawmakers and political observers alike.

New Speaker Mojisola Meranda presided over the proceedings, ensuring the session ran smoothly. During deliberations, the lawmakers took turns applauding President Tinubu for his strides in governance, particularly his economic and infrastructural policies aimed at revitalizing Lagos and Nigeria as a whole. However, whispers about Obasa’s absence could not be ignored.

Sources within the Assembly remained tight-lipped on the reason for his nonappearance, fueling speculation.

As lawmakers dispersed after the session, the big question lingered where was  Obasa? For now, the mystery remains, but all eyes will be on the next sitting to see if the seasoned politician resurfaces.

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