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Home Lagos News

Lagos Business Owner, Laolu Martins, is Dead

by Rosemary Opara
September 28, 2022
in Lagos News
2 min read
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Lagos Business Owner, Laolu Martins, is Dead
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One of the co-founders of Bukka Hut, a Lagos-based eatery, Laolu Martins, is dead.

Martins, who was a banker with over 21 years of experience in investment banking, corporate banking, stockbroking, asset and pension fund management, died on Tuesday night.

According to a post on twitter, Martins was said to have fallen at Lennox Mall and hit his head on the floor. He was rushed to Ever Care Hospital in Lekki where he passed away around 3a.m.

Other news sites, reportedly announced he committed suicide which cannot be verified.

The family of the deceased confirmed his death in a statement on Wednesday.

“We hereby solicit the support and understanding of everyone as the family grieves the loss of our beloved Laolu in our privacy.

“Our kind request is that you support the family – wife, children, aged mother and father and his siblings with your prayers at this difficult time.

“Further announcements will be made by the family,” the statement said.

Martins started his career with PricewaterhouseCoopers in 1999.

He joined Investment Banking & Trust Company Plc now Stanbic IBTC Bank Plc where he served in the Financial Control and Trade Finance/Foreign Operations units of the Bank before being seconded to Stanbic IBTC Asset Management Ltd where at various times he was Financial Controller, Head Asset Management and lastly Head Stockbroking.

He later resigned in 2005 to join Shell Nig. CPFA Ltd, the Fund Manager of the Shell Companies in Nigeria Pensions Scheme where he was Head, Investments up till 2008 when he resigned to join Nigeria International Security Limited, NISL, an independent financial services firm specialising in investments within the Nigerian space.

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