FCMB manager shot himself in the head this weekend, here’s why


First City Monument Bank lost an important staffer in Olisa Nwakoby, who shot himself in the head in front of his priest, on Friday, 29th July, 2016.

The bank has come out with a statement stating that they believe personal challenges led to his untimely demise.

The bank added that they were unaware of these challenges and were working hand in hand with the police and Nwakoby’s family to get to the root of the matter.

Reports that Nwakoby was under pressure by the bank to pay back a bad loan which might have led to frustration and in turn suicide has been denied when FCMB’s Acting Group Head, Communications and Brand Management Lola Egboh spoke to the PUNCH via telephone.

She said that the suicide had nothing to do with work-related issues and that she was unaware of any loan. She also said that his passing was received with shock by the bank and they would have come to his aid had they known of the situation.

“It is rather unfortunate that the incident happened. Mr. Nwakoby was a member of staff of the FCMB. We are not aware that he was facing personal challenges, which led to the incident. As a bank that caters to the well-being of its workers, we have counsellors who could have helped him. This came as a surprise to us as it was to the public. It is such a trying time for the family; we have been in touch with them. There is a lot of speculations going on at the moment, a lot of them unfounded.

“We are working closely with security operatives and his family to understand what could have led to the personal challenges. I am not aware of any loan. I can’t comment on speculations.” she said.


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