BUSINESS TYCOON, OSKAR IBRU, DIES AT 67

September 24, 2025

Read Time:1 Minute, 7 Second

By Aishat Momoh. O.

Business mogul and Chairman of the Ibru Organisation, Olorogun Oskar Ibru, has passed away at the age of 67.

According to a statement by his family, as reported by Arise News on Wednesday, Ibru died after a brief illness. Details of the circumstances surrounding his death were not disclosed.

A prominent figure in Nigeria’s corporate landscape, Ibru was one of the most notable heirs of the Ibru dynasty. He played a pivotal role in sustaining and expanding the conglomerate founded by his late father, Olorogun Michael Ibru, whose business empire spanned shipping, oil and gas, real estate, and commerce.

His death comes less than a decade after the passing of the family patriarch, Michael Ibru, in 2016. Funeral arrangements are expected to be announced soon.

Reacting to the news, media entrepreneur and publisher of Ovation International, Dele Momodu, described Ibru as “an extremely friendly gentleman and a socialite per excellence.”

In a post on his Instagram page, Momodu wrote, “News has just reached me in the skies that one of Nigeria’s most recognisable businessmen, OLOROGUN OSKAR IBRU, has passed on… He was an extremely friendly gentleman, and a socialite per excellence, who was loved so passionately by families and friends… He was the son of the business Titan, OLOROGUN MICHAEL IBRU… Rest in peace, dear Brother…”