Dele Momodu Shares Mansion Late FCMB Founder Left Behind As He Mourns His Death
According to reports, the founder of FCMB(First City Monument Bank) and the Olori Omo-Oba of Ijebu, Otunba Michael Olasubomi Balogun died this morning in London, and Dele Momodu has taken to his official social media handle to mourn his death. Dele shared lovely photos of his mansion and other luxurious property, noting that these are valuable assets he left behind.

Today's Headlines: Court Orders Buhari Govt To Account For $460m Loan; Tinubu, Amosun Mourn Subomi Balogun
Court Orders Buhari Govt To Account For $460m Loan Photo Credit:Channels Television A Federal High Court in Abuja has ordered the government of President Muhammadu Buhari to “account for the spending of $460 million Chinese loan to fund the failed Abuja Closed-Circuit Television (CCTV) project.”

Peter Obi Reacts To The Death Of The Founder Of FCMB, Cheif Michael Olasubomi.
The presidential candidate of the Labour Party, Mr Peter Obi has recently reacted to the death of the Founder of First City Monument Bank, Cheif Michael Olasubomi. Through a tweet which he made on his official Twitter page, Mr. Peter Obi expressed sadness towards his passing as he sympathized with the family members.

Today's Headlines: Allow court decide winner of election-Obi To US; FCMB founder, Subomi Balogun dies at 89
Allow court decide winner of election Photo Credit: Vanguard Newspapers The presidential candidate of the Labour Party, Peter Obi has reacted to the recent telephone conversation between the United States Secretary of State, Antony Blinken and Nigeria’s President-elect, Bola Tinubu. Obi said the US should respect the principles of law and democracy by allowing the courts of law in Nigeria to decide who the winner of the 2023 presidential election conducted on February 25.

Today's Headline: Atiku Lines Up 100 Witnesses Against Tinubu, Putin Government Bans Barack Obama
PEPC: Atiku Lines Up 100 Witnesses Against Tinubu Photo Credit: Independent Nigeria ABUJA – Former Vice President Atiku Abubakar and presidential candidate of the Peoples Democratic Party (PDP) on Saturday, disclosed that no fewer than 100 witnesses will testify for him and the Party in their petition challenging the victory of Asiwaju Bola Tinubu in the February 25, presidential election.

I am saddened by the death of Chief Michael Olasubomi Balogun, the Founder of FCMB - Peter Obi
In a recent tweet, Peter Obi expressed his sadness over the passing of Chief Michael Olasubomi Balogun, the Founder of First City Monument Bank (FCMB) and Olori Omoba of Ijebuland. Obi described Balogun as a visionary leader and business titan whose impact on the nation's economy will always be remembered.

Tribe Of True Nobility Diminished By Otumba Subomi's Death, Says Osinbajo
STATEHOUSE PRESS RELEASE TRIBE OF TRUE NOBILITY DIMINISHED BY OTUNBA SUBOMI'S DEATH, SAYS OSINBAJO Vice President Yemi Osinbajo, SAN, has described the late founder of First City Monument Bank (FCMB), Otunba Subomi Balogun, as “noble in word and deed, an outstanding legal mind, and a doyen of the Nigerian capital market and investment banking.”

Today's Headlines: Buhari Mourns FCMB Founder, Subomi, Kano Enacts New Law To Regulate Preaching
Buhari Mourns FCMB Founder, Subomi Photo Credit: Nigerian Tribune President Muhammadu Buhari has disclosed that he shares in the grief of loss with the business community, particularly banking and investment sector, over the passing of an illustrious citizen, Chief Michael Olasubomi Balogun, 89. A statement issued on Friday by presidential spokesman, Femi Adesina, said Buhari condoled with family members, friends, and associates of the “revered businessman, whose legacy of kindness and charity stretched into many homes, institutions, and communities, touching lives through education, health, and multiple empowerment opportunities.”

Today's Headlines: Buhari Reacts To Death Of FCMB Founder, FG Unveils Kwara Oxygen Committee
Buhari Reacts To Death Of FCMB Founder Photo Credit: Daily Post President Muhammadu Buhari shares in the grief of loss with the business community, particularly the banking and investment sector, over the passing of an illustrious citizen, Chief Michael Olasubomi “Subomi” Balogun. In a terse statement by Femi Adesina, Special Adviser to the President on Media and Publicity, Buhari commiserated with family members, friends, and associates of the revered businessman, whose legacy of kindness and charity stretched

Today's Headlines: Buhari Mourns Subomi Balogun; Obaseki Swears-in Acting Chief Judge
Buhari Mourns Subomi Balogun Photo Credit:Nigerian Tribune President Muhammadu Buhari has disclosed that he shares in the grief of loss with the business community, particularly banking and investment sector, over the passing of an illustrious citizen, Chief Michael Olasubomi Balogun, 89. A statement issued on Friday by presidential spokesman, Femi Adesina, said Buhari condoled with family members, friends, and associates of the “revered businessman, whose legacy of kindness and charity stretched into many homes, institutions, and communities, touching lives through education, health, and multiple empowerment opportunities.”

Dele Momodu Shares Mansion Late FCMB Founder Left Behind As He Mourns His Death
Otunba Michael Olasubomi Balogun, the Olori Omo-Oba of Ijebu and founder of FCMB(First City Monument Bank), reportedly passed away this morning in London, and Dele Momodu has turned to his own social media profile to express his sorrow. Dele proudly displayed pictures of his lavish residence and other belongings, underlining their monetary worth.

I received with utter sadness, the passing of a renowned technocrat, Otunba Balogun- Sanwo-Olu
The Governor of Lagos State, Babajide Sanwo-Olu has taken to his official Twitter handle to react to the news of the death of a renowned technocrat, seasoned administrator and Chairman of the FCMB Group, Otunba Subomi Balogun. Governor Sanwo-Olu, I received with utter sadness, the passing of a renowned technocrat, seasoned administrator, philanthropist, a throughbred business magnate, and the Chairman of the FCMB Group, Otunba Subomi Balogun.

Today's Headlines: Explosion Kills 4 In Sokoto, FG Appoints Mohammed As FAAN MD
Explosion Kills 4 In Sokoto At least four persons have been confirmed dead and three others severely injured following an explosion from a local welder’s shop at Isa local government area of Sokoto State on Sunday afternoon. A resident in the community, who hinted our correspondent about the incident, said: “when I heard the loud explosion, what came to my mind was that bandits were on rampage.

Buhari mourns the loss of an esteemed Citizen, Chief Olasubomi Balogun, Founder of Fcmb
President Muhammadu Buhari has stated that he mourns the loss of an esteemed citizen, Chief Michael Olasubomi Balogun, 89, along with the business community, notably the banking and investment sectors. Femi Adesina, the president's press secretary, said in a statement on Friday that Buhari expressed his condolences to the "revered businessman, whose legacy of kindness and charity stretched into many homes, institutions, and communities, touching lives through education, health, and multiple empowerment opportunities."

BREAKING: FCMB Founder Otunba Subomi Balogun Is Dead
Otunba Olasubomi Balogun, the founder of First City Monument Bank (FCMB), has reportedly died. According to reports gathered by Reporters, Balogun died on Friday morning in London. Recalls that Otunba Olasubomi Balogun celebrates his 89th birthday on march 9th, 2023. He continues to be a national treasure and an inspiration to many, both in Nigeria and beyond.

FCMB Bank Founder dies in London at 89.
Founder of Nigerian bank FCMB, Otunba Michael Subomi Balogun, has passed away at the age of 89. Balogun was a prominent banker, philanthropist, and billionaire. He died in a London hospital on Friday morning. Balogun was an alumnus of Igbobi College and studied law at the London School of Economics.

Today's Headlines: FG appoint Abdul as Yabatech Rector; Court dismisses application for live broadcast
FG appoint Abdul as Yabatech Rector Photo Credit: Vanguard Newspapers The Federal Government has approved the appointment of Dr. Ibraheem Adedotun Abdul as the Rector of Yaba College of Technology, Yabatech. Abdul, a chief lecturer in the Department of Mechanical Engineering was until this appointment, the Director of Open Distance and Flexible E-Learning(formerly, Flexible Skills Development Centre) of the College.

Today's Headlines: Speakership Race: I Won’t Step Down - Wase; Buhari Mourns FCMB Founder, Balogun
Speakership Race: I Won’t Step Down - Wase Deputy Speaker of the House of Representatives, Ahmed Wase, has insisted that he won’t step down for any contender in the race for the 10th National Assembly speaker position. He disclosed this to State House correspondents on Friday after meeting with President Muhammadu Buhari at the Presidential Villa in Abuja.

Tinubu's Inauguration: The Entire World Has Lined Up Behind Our President-Elect - Fani-kayode
The former Minister of Aviation and chieftain of All Progressive Congress APC, Chief Femi Fani-kayode has said that the entire world has lined up behind the President-elect, Asiwaju Bola Ahmed Tinubu whose inauguration is scheduled to hold on May 29, 2023. Otunba Femi Fani-kayode took to his official Twitter handle to make this known.

FCMB founder, Subomi Balogun is dead.
Otunba Michael Subomi Balogun was born in 1934 at Ijebu-Ode, Ogun State, Nigeria. He is a direct descendant of Oba Tuwase of IjebuLand. He passed away on the morning of Friday 19th May 2023 at 89 years old. Otunba who joined Africa Industrial Development Bank in 1966 developed interest to advocate for the establishment of Merchant Banks in Nigeria sponsored by NIDB.
