Business Mogul, Michael Ibru dies at 86

Michael Ibru, husband of Cecilia Ibru, former managing director of Oceanic Bank, has died.

Disclosing this in a statement, the family said he died in a US hospital in the early hours of Tuesday.

His death comes about five weeks after Felix, his brother, was buried.

The successful businessman also tried his hands in politics, contesting the 1983 governorship election of the old Bendel state.

However, he lost to Samuel Ogbemudia.