Buhari Reacts To Death Of Fcmb Founder

Following the demise of a distinguished citizen, Chief Michael Olasubomi "Subomi" Balogun, President Muhammadu Buhari shares the sorrow of loss with the business community, particularly the banking and investment industry.

In a succinct statement, Femi Adesina, Special Adviser to the President on Media and Publicity, expressed Buhari's condolences to the businessman's family, friends, and associates. The eminent figure's legacy of generosity and kindness touched many homes, organizations, and communities, transforming lives through education, health, and numerous opportunities for empowerment.

President Buhari stated that Balogun lived ahead of his time by establishing the First City Merchant Bank in 1983, which has grown over the years and now has branches all over the nation, and by assiduously promoting the launch and success of the Nigerian Stock Exchange. Balogun did this through foresight, wisdom, and hard work.

The President takes notice of the voluminous testimonials about the life and times of the illustrious banker, particularly his profound effect on the development of several bright leaders in the field who have since established their investment platforms both inside and outside of the nation.

President Buhari prayed that the All-Powerful God would accept the soul of the deceased and console all of his surviving loved ones.