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The Digest:

Olorogun Oskar Ibru, the prominent businessman and chairman of the Ibru Organization, has passed away at the age of 67. The scion of the influential Ibru dynasty died after a brief illness, according to a family statement reported on Wednesday, marking the end of an era for one of Nigeria’s most established corporate families.

Key Points:
  • Oskar Ibru died at 67 after a brief illness, as confirmed by his family.
  • He was the chairman of the Ibru Organization, a major Nigerian conglomerate.
  • Ibru was instrumental in expanding his late father, Michael Ibru’s, business empire.
  • The empire spans sectors including shipping, oil and gas, real estate, and commerce.
  • His death comes less than a decade after his father’s passing in 2016.
  • Media entrepreneur Dele Momodu described him as a friendly gentleman and socialite.
  • Funeral arrangements are expected to be announced by the family shortly.
His passing represents a significant loss in Nigeria’s business community, closing a chapter for a family that helped shape the nation’s modern corporate landscape.

Sources: Arise News