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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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Insiders Revealed, Omoge Saida To Marry Billionaire Lover This December

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The social scene is already heating up as insiders reveal that popular lifestyle personality,Saidat Aralamo Asabi Balogun popularly known as Omoge Saida, is set to marry her billionaire lover in December — a development that has sent whispers of excitement across London, Lagos and Abuja high society.

According to those close to the stylish socialite, preparations for the much-anticipated ceremony are already underway, with talks suggesting it will be an exclusive, invitation-only affair.

Sources hint that the billionaire, a discreet yet powerful business magnate, has decided to make their relationship formal, in what many tagged a face saving situation from the nude video scandal.

Friends of Saida describe her as glowing, excited as she prepares for what many say is the beginning of a new, lavish chapter in her life.

Details remain tightly guarded, but insiders insist December is locked in — and if the early buzz is anything to go by, Omoge Saida’s wedding may well be one of the biggest society moments of the festive season.

 

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All The Shocking Details As PDP Declares Adedamola Osun Flagbearer, Beats Gov Adeleke in Tense Primary

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In a dramatic twist that has sent shockwaves through Osun’s political landscape, the Peoples Democratic Party (PDP) has declared Hon. Adebayo Adedamola as its governorship flagbearer after a fiercely contested primary that saw him defeat incumbent Governor Ademola Adeleke.

The keenly watched primary, held amid heavy security and intense party interest, drew party delegates from across the state. What many expected to be a smooth victory for the governor turned into a tightly fought race, with Fryo gaining momentum during delegate consultations and strategic bloc alignments.

According to party officials, Fryo clinched the majority of valid votes after what they described as a transparent, credible, and highly competitive exercise. His supporters erupted in celebration as the final tally was announced, chanting solidarity songs and hailing what they called “a new direction for Osun PDP.”

Adedamola, popularlcy called Fryo is said to be a close ally of APC stalwart, Iyiola Omisore. Fryo was among the people arrested over the killing of late Attorney General, Chief Bola Ige.

Political analysts say the upset signals a significant shift within the party’s power structure, as the result reflects growing agitation for fresh leadership and a repositioning of the party’s influence across local government blocs.

Governor Adeleke, who had sought the party’s ticket to secure a second term, was said to have congratulated Fryo in a closed-door exchange, though members of his camp are still digesting the unexpected outcome.

Fryo, in his acceptance speech, promised to unify the party, consolidate on its achievements, and present a formidable front ahead of the general elections. He described his victory as “a mandate for renewal” and urged party faithful to rally behind him for what he termed the decisive battle ahead.

With this development, all eyes are now on how the PDP navigates the post-primary atmosphere and prepares for a heated governorship election season in Osun State.

 

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Tunde Ednut Earns $5,000 Per Day! -Report

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“Tunde Ednut earns $5,000 average per day, ISWIS made approx $200,000 from live events in one month” — Chude Jideonwo unveils creator economy data at Digital Creator Africa Summit
At the inaugural Digital Creator Africa Summit, media entrepreneur and #WithChude host Chude Jideonwo unveiled new data positioning the Nigerian creator economy as one of the most commercially powerful industries on the continent.
Highlighting explosive growth and overlooked business models, Jideonwo revealed that:
 • Tunde Ednut, the former musician turned Instagram media mogul, is estimated to earn over $5,000 a day through his platform — with a business model based on affiliate promotion, Instagram advertising, and music amplification.
 • The hit podcast “I Said What I Said” (ISWIS) reportedly made approximately $200,000 in gross revenue from live events alone in a single month, drawing thousands of fans across there US, the UK and Canada.
 • “What these numbers show,” Jideonwo said, “is that creators are no longer just influencers — they are media companies, and increasingly, nation-builders.”
The summit, held in Lagos and attended by creators, investors, and media leaders, was designed to shift the conversation from virality to value — reframing content creation as infrastructure, not just entertainment.
As part of his address, Jideonwo announced his $500,000 personal commitment to the FourthMainland Creator Fund — a catalytic investment vehicle to back high-potential African creators with funding, IP support, and platform distribution.
“We’re building the Mavin Records of storytelling,” he said. “Not just with fame, but with financial tools, ownership, and a full studio system that lets creators scale across the continent and diaspora.”
The Creator Fund is part of the broader FourthMainland ecosystem, a creator commerce platform set to launch in 2026. The platform will offer monetization tools, subscription infrastructure, and joint-IP models built around African content — positioning it as the first at-scale infrastructure for the continent’s growing $100B creator economy.
Jideonwo, whose ventures include Joy, Inc., #WithChude, and YNaija, closed with a call to funders and policymakers:
“If music had Mavin Records and tech had CcHub, then creators now have their studio systems — their Mavins — and they’re building billion-dollar value chains without waiting for permission.”
The keynote, titled “Overtaking is Allowed,” argued that Africa’s most important civic and cultural shifts today are being led by independent creators, and that media-tech infrastructure for creators is now one of the biggest opportunities for economic growth across the continent.
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