Wednesday, September 28, 2022

BREAKING NEWS: Co-Owner Of Bukka Hut, Laolu Martins, Commits Suicide

The co-owner of Bukka Hut, one of the leading quick-service restaurants operating in Lagos, Laolu Martins, is dead.

The investment banking expert, who was the executive director of Bukka Hut and the CEO of Nigeria International Security Limited (NISL) committed suicide on Tuesday, at 3 am, in his home in Lekki, Lagos, BlackBox Nigeria gathered.

According to sources, Martins succumbed to alleged long-fought battle against depression, though close relatives have refused to give details regarding the suicide.


A Chartered stockbroker and a Chartered Accountant with 12 years of experience in investment banking, corporate banking, stockbroking, asset management, and pension fund management, Martins started his career with Price water house Coopers in 1999.

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 where he was Head, Investments up till 2008 when he resigned to join Nigeria International Security Limited, NISL, an independent financial services firm specializing in investments within the Nigerian space.

Until his death, he was the CEO of NISL.

Source: Black Box Nigeria 

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