Billionaire businessman and chairman of the Ibru Organisation, Olorogun Oskar Ibru, has passed away at the age of 67 after a brief illness.

Details of his sudden death remain undisclosed, but the news has sent shockwaves across Nigeria’s corporate and social circles.

Oskar Ibru was a key figure in sustaining the vast Ibru conglomerate, founded by his late father, Olorogun Michael Ibru.

Under his leadership, the family empire continued to thrive across industries such as shipping, oil and gas, real estate, and commerce cementing the Ibru name as one of the most powerful dynasties in Nigerian business.

His passing comes less than a decade after the death of his father in 2016, leaving behind a remarkable legacy of enterprise and influence.

Tributes have already begun pouring in. Media entrepreneur Dele Momodu described him as “an extremely friendly gentleman and a socialite per excellence, who was loved so passionately by families and friends.”

Funeral arrangements are expected to be announced in the coming days as Nigerians continue to mourn the loss of one of the country’s most influential business leaders.