Bukka Hut Co-Founder Laolu Martins Commits Suicide


Bukka Hut co-founder Laolu Martins has committed suicide.

Brand Spur Nigeria reports that an investment banking expert and the co-founder and executive director of Bukka Hut, Laolu Martins is dead.

This online news platform understands that Bukka Hut is a restaurant that offers a wide variety of tasty homemade meals.

Media reports states that Laolu Martins committed suicide in his home in the early hours of Tuesday, 3 am precise, after giving up on his alleged long-fought battle against depression.

The report said his partner and Co-Founder of Bukka Hut, Rasheed Jayeola, who only recently led his team to open their 15th outlet in the Ikorodu part of Lagos State, Nigeria’s commercial city, is worst hit besides Laolu Martins family.

Late Laolu Martins, a Chartered stockbroker and a Chartered Accountant with 12 years of experience in investment banking, corporate banking, stockbroking, asset management, and pension fund management, started his career with PricewaterhouseCoopers in 1999.

The late Bukka Hut co-founder 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.

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Laolu Martins would later resign in 2005 to join Shell Nig. CPFA Ltd, the Fund Manager of the Shell Companies in Nigeria Pensions Scheme where he was Head, Investments up till 2008 when he resigned to join Nigeria International Security Limited, NISL, an independent financial services firm specialising in investments within the Nigerian space.

Meanwhile, this digital news platform reports that the late Laolu Martins was the CEO of NISL until his death.