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FCMB Founder, Subomi Balogun Is Dead - Investment (4) - Nairaland

Nairaland Forum / Nairaland / General / Investment / FCMB Founder, Subomi Balogun Is Dead (49227 Views)

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Re: FCMB Founder, Subomi Balogun Is Dead by Ybholy(m): 1:27pm On May 19, 2023
Ireportlive:


RIP...


Alex Ekwueme's friend

You Nairaland bigots need to read the story of Sir Subomi and his Friend and Neighbor Alex Ekwueme post Civil war


.

Next time you want to mention Alex, put SIR in front of his name.

He more than deserves that and you’re not more knowledgeable or powerful than all news outlet/newspaper/individual/dignitaries that always put SIR before his name.

Like: Sir Alex Ekwueme 🥰, Sir Alex Ekwueme Stadium Awka etc.

I won’t tell you this again.

😔😔😔

I oblige you to tender a public apology ✌️

2 Likes

Re: FCMB Founder, Subomi Balogun Is Dead by Fatbam003: 1:27pm On May 19, 2023
Skyfornia:
The way people are dying this year..it's more than the deaths recorded during COVID. Whatever is causing these deaths, I pray in the Name of Jesus that the power is taking away and God's love and kindness rules over the earth. Amen.

Rest in peace to him...
This prayer can't be answered. Death is inevitable
Re: FCMB Founder, Subomi Balogun Is Dead by sprints1: 1:28pm On May 19, 2023
Pharaoh4rin:
In 2004, fresh outta secondary school, I was working with O'la kleen then. We worked in his house at no.1 so street V.I. it was then I realised how wealthy this man is. He was chatting with his friend that his son (whom he had outside wedlock) owns the largest share with Vmobile (now Airtel). He told his friend how Sani Abacha ceased his 90 million dollars in 1994. I nearly fainted. Further findings from my superior made me understood that he was among the earliest illuminati member from Africa. No wonder his bank adorned the triangular shope. He's a very handsome man. Otunwáse Balogun.
Rosicrucian grin
Re: FCMB Founder, Subomi Balogun Is Dead by Moniya4Real(m): 1:29pm On May 19, 2023
Must they All die in London? No, they needn’t when our own hospitals are functioning optimally the way they should.
Re: FCMB Founder, Subomi Balogun Is Dead by Ireportlive: 1:29pm On May 19, 2023
Ybholy:


Next time you want to Alex, put SIR in front of the name.

He more than deserves that and you’re not more knowledgeable or powerful than all news outlet/newspaper/individual that always put SIR before his name.

I won’t tell you this again.

😔😔😔


grin


Alex Ekwueme

I dey my house come and beat me

2 Likes

Re: FCMB Founder, Subomi Balogun Is Dead by Ybholy(m): 1:31pm On May 19, 2023
Ireportlive:



grin


Alex Ekwueme

I dey my house come and beat me

You’re not referring to him then. Maybe you’re referring to your landlord or neighbor, not SIR ALEX EKWUEME


I blame faceless forum for this one. I for find u, beat you small. 🤒

2 Likes

Re: FCMB Founder, Subomi Balogun Is Dead by onatisi(m): 1:32pm On May 19, 2023
he was an old man, lived a fulfilled life, and was very successful. this is not a sad one,i am sure his children and grandchildren will throw a lavish party for his funeral.


Skyfornia:
The way people are dying this year..it's more than the deaths recorded during COVID. Whatever is causing these deaths, I pray in the Name of Jesus that the power is taking away and God's love and kindness rules over the earth. Amen.

Rest in peace to him...

1 Like

Re: FCMB Founder, Subomi Balogun Is Dead by Kukutenla: 1:33pm On May 19, 2023
Ireportlive:


RIP...


Alex Ekwueme's friend

You Nairaland bigots need to read the story of Sir Subomi and his Friend and Neighbor Alex Ekwueme post Civil war

.
I called you a sycophant on another thread and you were angry. I remember now. It was the thread of Abike Dabiri giving update about Sudan evacuation.
Here's a thread about the passing of an illustrious Yoruba man and all you can find to write is that he was Ekwueme's friend
You're a political sycophant
Re: FCMB Founder, Subomi Balogun Is Dead by Ireportlive: 1:34pm On May 19, 2023
Kukutenla:

I called you a sycophant on another thread and you were angry. I remember now. It was the thread of Abike Dabiri giving update about Sudan evacuation.
Here's a thread about the passing of an illustrious Yoruba man and all you can find to write is that he was Ekwueme's friend
You're a political sycophant

Is everything ok with you?!
Re: FCMB Founder, Subomi Balogun Is Dead by sharone21(f): 1:34pm On May 19, 2023
RIP

My mum's former boss.
Re: FCMB Founder, Subomi Balogun Is Dead by FireUpNow(m): 1:38pm On May 19, 2023
Lanretoye:
If una like go london or France go take treatment,who go die go die...RIP anyway,good bye to the place where there is no VIP.
If he had died in nigeria,those ones will be saying it is as a result of poor Healthcare system as if the give life assurance abroad.
Have you ever seen the video that Steve Jobs the owner of Apple computers made in his dying bed? Then you will understand that life is so fickle and money, fame etc are all worthless
Re: FCMB Founder, Subomi Balogun Is Dead by vannessa7(f): 1:38pm On May 19, 2023
RIP, the founder of my bank

1 Like

Re: FCMB Founder, Subomi Balogun Is Dead by DaddyGngeess(m): 1:41pm On May 19, 2023
Nothing truly dey this life self, after the struggles we die
Re: FCMB Founder, Subomi Balogun Is Dead by Jonwesley(m): 1:41pm On May 19, 2023
The pride of Ijebu, and owner of the then First City Merchant Bank. Later converted to retail commercial banking and called it First City Monument Bank, maintaining the abbreviation (FCMB) and now simply called FCMB! Death has a sting indeed. Rest in Peace, chief,

2 Likes

Re: FCMB Founder, Subomi Balogun Is Dead by Officialmrt: 1:41pm On May 19, 2023
Hamachi:
He was born in 1934 at Ijebu-Ode, Ogun State, Nigeria[ to Muslim parents. Balogun converted to Christianity while in secondary school. He graduated from Igbobi College and studied Law at the London School of Economics. Before leaving for Europe, he briefly worked as a teacher. As a student in London, Balogun regularly attended fellowships and had the opportunity to meet some noted Nigerians such as Yakubu Gowon before the latter was president. After earning his law degree, he returned to Nigeria to join the Ministry of Justice, Western Region. From the regional Ministry of Justice where he was a Crown Counsel, Balogun found a new post as a Parliamentary Counsel in the Federal Ministry of Justice.

After the January 1966 coup, he joined the Nigerian Industrial Development Bank. At NIDB, his interest in investment banking led him to advocate for the establishment of merchant bank sponsored by NIDB. When ICON securities, a merchant banking outfit was established in 1973 as a subsidiary of NIDB, Balogun moved to ICON Ltd as a director of operations. When Balogun's ambition to head ICON was not realised, he left he firm to found City Securities, a stock broking and issuing house. City Securities developed relationships with Mobil, Texaco and Total petroleum marketing companies, handling the companies equity offerings. In 1979, he applied for a merchant banking license to establish First City Merchant Bank. Balogun was inspired by the entrepreneurial works of Siegmund Warburg, who co-founded S.G. Warburg, he visited Warburg in London prior to establishing his merchant bank. He often tells the anecdotal story of how his son inspired him to take the leap in starting the bank. When the operations of the bank took effect in 1983, Balogun established an entrepreneurial culture at the new bank, unique as an owner managed bank in contrast to the government owned banks at the time.

Balogun built a National Pediatric Centre in Ijebu-Ode that he donated to University of Ibadan's, University College Teaching Hospital.

Chieftaincy titles
A direct descendant of Oba Tunwase of Ijebu-Ode, Chief Balogun currently holds the chieftaincy title Otunba Tunwase of Ijebuland. He is also the Olori Omoba of Ijebuland and the Asiwaju of Ijebu Christians.

Point of correction...he didn't graduate from igbobi college....he did from ijebu ode grammar school

1 Like

Re: FCMB Founder, Subomi Balogun Is Dead by spagettiluv: 1:41pm On May 19, 2023
rummmy:
Mind you he is an ijebu man,not a Yoruba man..
Quote me and your suffering continue.
that means am not yoruba be that.
Or let say sanwo olu,AJ,tobi amusan,ade ogundoyin(proforce),abike dabiri,kunle somane(bet9ja) are not Yorubas.
Your foolishness is extra ordinary.

4 Likes

Re: FCMB Founder, Subomi Balogun Is Dead by Nobody: 1:42pm On May 19, 2023
whatever u do always remember that we are all mortal men and must depart the world at some point only to be remenbered by what we have done.
Re: FCMB Founder, Subomi Balogun Is Dead by Pootle: 1:47pm On May 19, 2023
Skyfornia:
The way people are dying this year..it's more than the deaths recorded during COVID. Whatever is causing these deaths, I pray in the Name of Jesus that the power is taking away and God's love and kindness rules over the earth. Amen.

Rest in peace to him...

who no go die ...even God piken wey u use em name pray die undecided

1 Like

Re: FCMB Founder, Subomi Balogun Is Dead by afariogunone1(f): 1:47pm On May 19, 2023
Yeah
89

God1000:
Why are Nigerian men dying like that this year.

Modified

He was old, may his soul rest in peace

1 Like 1 Share

Re: FCMB Founder, Subomi Balogun Is Dead by TonaFBI(m): 1:50pm On May 19, 2023
Abeg ooo, make nobody debit me oo

1 Like

Re: FCMB Founder, Subomi Balogun Is Dead by Josephkabila12: 1:56pm On May 19, 2023
Rest well sir. One of the Pillars of Nigeria
Re: FCMB Founder, Subomi Balogun Is Dead by Believeintruth: 1:57pm On May 19, 2023
Ireportlive:


RIP...


Alex Ekwueme's friend

You Nairaland bigots need to read the story of Sir Subomi and his Friend and Neighbor Alex Ekwueme post Civil war


.

Please show us by cultivating an exemplary behavior by standing for truth and being an honorable person and stop bigotry and lying like you did in the run up to the elections and also tell the truth with honor and stop image laundering for evil men like how you lied that Tinubu gave Mobil land in Lekki to build their HQ in a previous thread.
Re: FCMB Founder, Subomi Balogun Is Dead by gfelo(m): 1:59pm On May 19, 2023
rest on grandpa despite your riches you never venture into Nigeria dirty politics which shows how clean you are, you are a legend
Re: FCMB Founder, Subomi Balogun Is Dead by hush15: 2:05pm On May 19, 2023
chisomkachy:


https://gazettengr.com/just-in-fcmb-founder-subomi-balogun-is-dead/


Omo, this baba don go sha! Death is wicked sha. E no sabi rich or poor. E just dey take everybody ni sha. Who go live for that big house now, drive those roll Royse now, spend all that money now ehn.


Baba, may God grant you eternal bliss sha.
Re: FCMB Founder, Subomi Balogun Is Dead by Grace2Grace(m): 2:06pm On May 19, 2023
Whenever I see people sending RIP messages, most times I laugh.
The RIP message is a mere wish and waste of time.

That the dead will RIP in peace is directly proportional to how they lived their lives while alive.

Friends, that you woke up every morning is an opportunity, a privilege. Yes, pls use it wisely. When you die, non of your material and financial acqusation will count for anything.

1 Like

Re: FCMB Founder, Subomi Balogun Is Dead by Deoboss(m): 2:13pm On May 19, 2023
May his soul rest in perfect peace.

I was in his house well over 10yrs ago at Ijebu ode in Ogun state (fantastic all while massive mansion) in a party function he held back then.

An associate knows his wife very well so i escorted him there to the function.

I did not get a one on one opportunity to talk with him personally but he greeted us very well & left us to another section of his house to attend to his other guest.

So much wealth every where as the cars in the compound where all white & expensive but upon all he was very very humble to us.

He was also a philanthropist per excellence as well.

GOD rest his soul

2 Likes

Re: FCMB Founder, Subomi Balogun Is Dead by Truthshscrazy: 2:16pm On May 19, 2023
Rip sir FCMB

1 Like

Re: FCMB Founder, Subomi Balogun Is Dead by JetStar: 2:29pm On May 19, 2023
Praise the lord.
Re: FCMB Founder, Subomi Balogun Is Dead by ruffhandu: 2:35pm On May 19, 2023
A lot of people will be set lose from fcmb.
Re: FCMB Founder, Subomi Balogun Is Dead by Karufi: 2:36pm On May 19, 2023
Karufi:
'Otunba Subomi, Subomi Balogun'May your gentle soul rest in peace...... In Pasuma song
Re: FCMB Founder, Subomi Balogun Is Dead by Lukuluku69(m): 2:38pm On May 19, 2023
Ireportlive:


RIP...


Alex Ekwueme's friend

You Nairaland bigots need to read the story of Sir Subomi and his Friend and Neighbor Alex Ekwueme post Civil war


.

They deliberately hide the story to further an Agenda and many who know of the story scoff at it that it was a lie.
Re: FCMB Founder, Subomi Balogun Is Dead by niggadee(m): 2:55pm On May 19, 2023
Erin ti wo for ijebuland

1 Like

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