Bukka Hut Founder, Laolu Martins Commits Suicide

Laolu Martins Battle With Depression

Popular Nigerian business tycoon, Laolu Martins, has taken his own life after a reportedly long battle with depression.

Laolu Martins, an investment banking whiz who was also a co-founder and CEO of a popular restaurant, chain Bukka Hut, is reported to have ended it all in his home in the early hours on Tuesday, September 27th.

Despite his professional success, it was gathered that Laolu Martins had been battling depression for some time before he finally took his own life around 3 am on Tuesday. TheWill reports.

The deceased was a licensed stockbroker and a chartered accountant with 12 years of experience in investment banking, corporate banking, stockbroking, asset management, and pension fund management.

He moved to Investment Banking & Trust Company Plc, now Stanbic IBTC Bank Plc, where he worked in the Bank’s Financial Control and Trade Finance/Foreign Operations departments before being posted to Stanbic IBTC Asset Management Ltd, where he was Financial Controller on several occasions, Head Asset Management and finally, Head Stockbroking.

Until his death, he was the CEO of Nigeria International Security Limited (NISL), an independent financial services firm specializing in investments in Nigeria.

In a piece of related news, a Nigerian woman, Olaitan Adonis, has committed suicide after her boyfriend, identified as Ola Saheed, allegedly used her money to marry another woman.

Olaitan, who has a seven-year-old son, was in a serious relationship with the young man and was saving money in his bank account. However, he used the money to marry someone else over the weekend. (Continue reading)



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