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Bukka Hut Co-Founder Laolu Martins Reportedly Commits Suicide

Top Nigerian businessman and co-founder of Bukka Hut fast food chain Laolu Martins, is dead.

Bukka Hut Co-Founder Laolu Martins Reportedly Commits Suicide
Laolu Martins

The businessman is said to have committed suicide after a long battle with depression. Earlier today, September 28th the family of Laolu Martins announced his death.

A statement released by the family said the quintessential banker with over 21 years of experience in investment banking, corporate banking, stockbroking, asset management, and pension fund management, died in the evening of Tuesday, September 27, 2022.

“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.

Martins started his career with PricewaterhouseCoopers in 1999.

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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. There he was Head, Investments up till 2008.

That year 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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Charis Ebiaghian

A creative writer ready to dish out juicy stories as they drop. When she is not writing, she is probably thinking of what to write next