November 27, 2020

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BREAKING: Renowned economist Okumagba dies

1 min read

By Elo Edremoda, Warri

Renowned economist and stockbroker, Albert Egbaroghene Okumagba, is dead.

He was said to have passed on in Abuja.

Born into the popular Okumagba family in Warri, the investment expert was 56.

A family source confirmed the incident to The Nation, Thursday on evening.

Former Delta Governor James Ibori also confirmed the passage of late Okumagba on his Facebook page.

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Ibori wrote: “Egba Why? Rest in Peace, my dear brother”.

Until his death, he was the Chief Executive Officer of BGL Group, a leading financial services firm.

Okumagba was a fellow of the Chartered Institute of Stockbrokers (CIS), where he was President between 2014 and 2015.

He attended the Lagos Business School as well as the University of Lagos and University of Ibadan where he obtained his Master’s and Bachelor’s degrees respectively.