Subomi Balogun:FCMB founder dies at 89 in London

By
FCMB CEO

According to reports, Balogun reportedly died in London Friday morning at the age of 89.

Subomi Balogun who pioneered investment banking (FCMB) as well as indigenous financial entrepreneurship in Nigeria, was 89 years old Γ t his last birthday.


FCMB (First City Monument Bank) was founded by Oloye Subomi Michael Balogun. He established the bank in 1982 in Nigeria. 

Oloye Subomi Michael Balogun is a prominent Nigerian businessman and philanthropist. He served as the bank's chairman until 2010 when he retired from active service. FCMB has since grown to become one of the leading financial institutions in Nigeria.


A tribute to a family's enduring grace,
For their unwavering love, we embrace.
In time of grief A family united, their love 

Through tears that fell and hearts that ached,
Their bond unbroken, strength awake.
Memories cherished, forever held dear,
In their hearts, their loved one near.


Welcome to Apexwxld. Stay informed and entertained with our dynamic media platform, offering a diverse range of news, articles, and multimedia content.

Comments

Post a Comment

Also Read: TOP VIRAL NEWS & MEDIA PUBLISHED

Davido's "With You" ft. Omah Lay Debuts at #14 on Paris Club Chart Nearly 7 Months Later, Only African Song on the Chart

By
Image
Davido's "With You" featuring Omah Lay, released on April 18, 2025, as part of his fifth studio album "5ive," has achieved significant global recognition, including a notable presence in Paris. While there is no official confirmation of its debut at #14 on Paris club charts, the song's international success is undeniable. The collaboration between Davido and Omah Lay has been a critical success, with "With You" becoming a fan favorite from the " 5ive " album. The song's production, helmed by Tempoe , blends Highlife and Funk influences, creating a unique sound that has resonated with audiences worldwide.  https://www.wishup.co/?tap_a=152821-032bcf&ref=zjkwnzu The music video, released on June 16, 2025, directed by Dammy Twitch , further amplified the song's reach, capturing its vibrant energy and leading to a surge in social media engagement, particularly on TikTok, with over 2.5 million creations. The track has topped ...
Read more

Offset Rejects Cardi B's $10 Million Divorce Offer, Demands Larger Share of Assets

By
Image
Offset has reportedly rejected a $10 million divorce settlement offer from Cardi B, escalating the high profile separation proceedings. The Migos rapper is allegedly seeking a more substantial share of Cardi B's assets, with sources close to him claiming he believes he played a significant role in building her career and therefore deserves half of what they've accumulated. This development adds another layer of complexity to a divorce that has already captured significant public attention. Rapper and formal Migos music group member Offset reportedly turned down Cardi B's $10 million divorce settlement, asserting his role in building her career and demanding a larger portion of her assets. This move escalates the ongoing legal battle , with Cardi B's team preparing to counter his claims and highlight her independent success. The dispute over assets and financial contributions adds a complex layer to their high-profile separation. The core of Offset's alleged...
Read more

Racist Abuse of Marcus Rashford in Spain Leads to Proposed €4,000 Fine

By
Image
As Spanish football grapples with a recurring issue of racism in its stadiums, a Real Oviedo supporter faces a significant fine for directing racist abuse at Barcelona's Marcus Rashford. The incident, which occurred during Barcelona's 3-1 victory over Real Oviedo on September 25, has led to a proposed €4,000 fine for the fan in question.  The alleged racist slur against Marcus Radford was reportedly heard by a fan and captured on social media, prompting La Liga to act swiftly. The league detected the images and filed a complaint with the National Police. Subsequent analysis of stadium security footage allowed for the identification of the individual accused of the offense.   This proactive approach by La Liga underscores their commitment to addressing such incidents, though the effectiveness of such measures in eradicating racism remains a subject of ongoing debate. Marcus Rashford, the England international currently on loan at Barcelona from Manchester United , ha...
Read more

DembΓ©lΓ©, Kane, and Yamal Lead Star-Studded Nominee List for The Best FIFA Men's Player 2025

By
Image
The stage is set for another thrilling battle in the world of football as FIFA has unveiled the nominees for The Best FIFA Men's Player 2025 award. Headlining the prestigious list are Ousmane DembΓ©lΓ©, Harry Kane, and the prodigious young talent Lamine Yamal, promising a captivating contest for one of the sport's most coveted individual accolades.  The shortlist features an elite collection of 11 players , showcasing a blend of established superstars and emerging talents who have illuminated the footballing landscape over the past season. Among the contenders are several familiar names who have consistently delivered at the highest level, alongside exciting prospects who have burst onto the scene with remarkable displays. The inclusion of these athletes underscores the dynamic nature of modern football and the continuous emergence of new stars. PSG star Ousmane DembΓ©lΓ© has enjoyed a career defining season, marked by his pivotal role in Paris Saint-Germain 's UEFA Ch...
Read more

Akon Faces Legal Issues: The "Locked Up" Singer Arrest in Georgia for Outstanding Warrant

By
Image
The Grammy-nominated artist Akon, whose legal name is Aliaune Thiam, was arrested on November 7, 2025, in Chamblee, Georgia, following an alert from Flock cameras that identified his Tesla Cybertruck and linked it to an outstanding warrant. This arrest stemmed from an earlier incident on September 10, 2025, when Roswell police found Akon stranded in his Cybertruck on the side of Holcomb Bridge Road due to a dead battery.  Singer Akon was taken into custody by Chamblee police and transported to the DeKalb County Jail. He was reportedly released approximately six hours later. While the exact details of the warrant were not immediately disclosed, reports indicate it was related to the suspended license and the previous failure to appear in court. Akon's legal team has suggested that the suspended license issue was a result of a clerical error that should have been resolved. The incident involving the Cybertruck and the subsequent arrest has brought renewed attention to Akon...
Read more

SZA Addresses Her Position Amidst Kendrick Lamar and Drake's Rap Beef "I Didn't Have Any Stake"

By
Image
SZA clarifies her neutral stance on the Kendrick Lamar and Drake rap beef, emphasizing it as a conflict between two men where she had no personal involvement. Despite her close ties to both artists, she chose to remain detached, focusing instead on celebrating music she enjoys and maintaining her artistic integrity. Superstar singer SZA , the acclaimed R&B artist , has firmly stated her position on the highly publicized rap feud between Kendrick Lamar and Drake , asserting that she had "no stake" in the conflict. In a recent cover story interview with GQ, SZA elaborated on her decision to remain neutral, emphasizing that the dispute was a matter between "two grown-ass men" and therefore not something she felt compelled to involve herself in. Despite her close ties to both artists being signed to Kendrick Lamar's label, Top Dawg Entertainment , and having a long-standing rapport with Drake , SZA maintained a deliberate distance from the escalating tens...
Read more

Ice Spice Leverages "Pretty Privilege" in Latest Music Video Release, Further Cementing Fashion Forward Image

By
Image
Ice Spice has once again captured the attention of the fashion and music worlds with the release of her latest music video for "Pretty Privilege," which dropped on November 6, 2025. The Bronx-born rapper, known for her distinctive style and unapologetic confidence, directed the visual herself, showcasing a series of high-fashion moments against the backdrop of Paris. This release not only highlights her musical prowess but also reinforces her status as a burgeoning style icon. The music video for " Pretty Privilege " features Ice Spice in various opulent settings, including scenes filmed during Paris Fashion Week. This choice of location is particularly significant, as she was a notable presence at the Fall/Winter 2025 shows, attending events like the Off-White runway presentation.  During her time in Paris , Ice Spice debuted a striking Leeloo inspired bob hairstyle at the Off-White show, a departure from her signature afro, which garnered significant medi...
Read more

Burna Boy Halts Colorado Concert, Demands Engagement from Disengaged Fans

By
Image
A dramatic turn of events at the Red Rocks Amphitheatre in Colorado on Wednesday night, Grammy-winning Afrobeats sensation Burna Boy paused his sold-out concert to address a couple in the front row who appeared to be asleep. The incident, which occurred during his "No Sign of Weakness Tour," has ignited a fervent discussion online about artist fan interaction and performance expectations. The Afrobeats superstar Burna Boy , known for his electrifying stage presence, brought his performance to a halt when he noticed the couple's lack of engagement. Videos circulating on social media captured Burna Boy directly addressing the male fan, stating, "Bro, I'm not doing no more songs until you take her home.  Wallahi I'm not doing another song until you go home." The singer expressed his frustration, emphasizing that he was giving his all despite feeling unwell, having taken medication to push through the performance. He pointed out that he had informed...
Read more

Ayra Starr Transforms into Rema for Halloween: The Stunning Look Goes Viral! & Ignites Dating Rumours

By
Image
The Halloween season often brings out the most creative and surprising transformations, and this year was no exception for Afrobeats sensation Ayra Starr. The singer recently took to social media to showcase a stunningly accurate impersonation of her Mavin Records labelmate, Rema, a move that has not only gone viral but has also intensified existing dating rumors between the two popular artists. Ayra Starr's meticulous recreation of Rema 's distinctive look, particularly his ensemble from the teaser of their collaborative track " Who's Dat Girl ," garnered widespread praise and admiration. The uncanny resemblance captivated fans and social media users alike, with many hailing it as one of the most memorable Halloween costumes of the year. This elaborate tribute has further fueled the ongoing speculation about a romantic relationship between the two Afrobeats stars. The dating rumors surrounding Ayra Starr and Rema have been a persistent topic of discussio...
Read more

Taylor Swift's Reign Continues: "The Life of a Showgirl" and "The Fate of Ophelia" Secure Fourth Week at ARIA No. 1

By
Image
Taylor Swift's "The Life of a Showgirl" and its lead single "The Fate of Ophelia" continue to dominate the Australian music landscape, holding the number one positions on both the ARIA Albums and Singles charts for a remarkable fourth consecutive week. This unprecedented chart dominance underscores Swift's immense popularity and enduring appeal in Australia. The album " The Life of a Showgirl " has achieved a significant milestone, marking Swift's 14th album to reach the coveted number one spot on the ARIA Albums Chart . This accomplishment further solidifies her status as one of the most successful artists in Australian chart history, bringing her total weeks at number one to 69.  Taylor Swift now ranks second for the most number-one albums in ARIA history, trailing only Australian rock icon Jimmy Barnes . Her chart-topping streak began in 2010 with " Speak Now ," and every subsequent album release has maintained her presence...
Read more