Thursday, July 9, 2026

Late FCMB founder kind to all, forthright: Osinbajo

The vice president said Mr Balogun was an outstanding legal mind and a doyen of the Nigerian capital market and investment banking.

• May 20, 2023
SUBOMI BALOGUN
SUBOMI BALOGUN

Vice President Yemi Osinbajo has described the late founder of First City Monument Bank (FCMB), Subomi Balogun, as a forthright person who was kind to all.

Mr Balogun died on May 19 in London at the age of 89.

Mr Osinbajo’s personal tribute to the late Balogun was made available to newsmen on Saturday in Abuja.

The vice president said Mr Balogun was an outstanding legal mind and a doyen of the Nigerian capital market and investment banking.

“The tribe of true nobility and greatness is diminished by one!

“Olori Omo Oba Subomi Balogun, noble in word and deed, outstanding legal mind, doyen of the Nigerian capital market and investment banking, deep, wise, forthright, kind to all, and God-fearing.

“Remembered with much affection, respect and admiration.

“We pray that the Lord will comfort aunty (Olori), our dear brothers and the entire family in Jesus’ name. Amen,” he prayed.

(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

farmers

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

President Bola Tinubu

Hot news Home top

I won’t betray Nigerians’ trust; my reforms will deliver better future: Tinubu

Mr Tinubu insisted that the ongoing reforms would eventually deliver lasting national prosperity.

Stock Market

Economy

Stock market transacts 1.66 billion shares, gains N962 billion

The uptrend was driven by broad-based buying interest across banking, consumer goods, industrial, insurance and telecommunications stocks.

School in Kano

Kano

Kano govt inaugurates 2025/2026 annual school census

The commissioner presented sample census questionnaires and other data collection materials to key education agencies.

Mbappé effigy

Sport

Mbappé effigy burning in Paraguay fuels fans’ racism accusations

The decision to burn an effigy of Mbappe did not sit well with many on social media, and they are claiming racism as the motive behind it.

ISWAP

States

Soldier killed as ISWAP terrorists attack Borno military base

The army described the July 7 attack on the base as a coordinated assault that was successfully repelled by troops.

Nigerian visa

Diaspora

Nigeria suspends O15 third-party visa services for U.S.-based applicants

The service, which did not disclose reasons for the suspension, clarified that its e-visa system remained active for prospective travellers.