• About Us
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Editorial Charter
  • Corrections Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home News General

Microfinance bank manager reportedly commits suicide over unpaid loans

Quadri Olaitan by Quadri Olaitan
June 16, 2023
in General
0 0
0
12 91

The deceased gave out loan facilities to some of his customers, which they failed to repay back to the company’s account.

Recommended articles

  • Run inclusive govt, Fulani leader urges Tinubu
  • Man found dead in his apartment in Port Harcourt
  • Governor Namadi solicits journalists’ support for greater Jigawa
  • Nigerian couple welcomes triplets after 12 years of marriage (Photos)

Sola Ogungbe, the manager of SEAP Microfinance Bank in Saki, Oke-Ogun area of Oyo State is reported to have committed suicide over unpaid loans.

Ogungbe reportedly took his own life on Wednesday, June 14, 2023, at his home in Iseyin, Iseyin Local Government Area of the state.

According to ThePunch, the deceased gave out loan facilities to some of his customers, which they failed to repay back to the company’s account.

“The victim’s wife was called by a staff member of the company because the deceased had not been reporting at his workplace over the loan default crisis.

perfect aesthetic dental clinic perfect aesthetic dental clinic perfect aesthetic dental clinic

“But unfortunately, when she got home to report the call to her husband, she met his corpse on the floor.” an eyewitness said.

A friend of the deceased, who spoke on the condition of anonymity said the deceased “made a mistake by taking his life, as he was supposed to have discussed his problem with his friends.

“The issue of suicide is becoming alarming. He made a great mistake by taking his own life because of debt. If he had shared this issue with his friends, maybe somebody would have come to his aid.

“Everyone is going through one thing or another, but our survival is anchored upon communal living and friendship. Tell people about your issues, you don’t even know who can help you”.

The body of the deceased has been taken to his hometown in Omu-Aran, Kwara State for burial.

Source: Read more at punchng.com

Quadri Olaitan
Quadri Olaitan

Quadri Olaitan is a journalist and contributor to Freelanews.com, covering news, public affairs, and human-interest stories.

Related Posts

pdp Peoples Democratic Party
General

‘Electoral Act Amendment Bill’ PDP to query senators who dodged crucial vote on e-transmission of results

by Freelanews
July 28, 2021
6542828 2 jpegea571676ce9b75b0730a5d56350ae93e
General

‘Sinking party’ PDP exposes plot to derail Edo Election

by Freelanews
July 3, 2020
Mudashiru Obasa
General

‘Executive order’ We don’t want repeat of what happened during OBJ regime, Obasa speaks on autonomy

by Freelanews
May 31, 2020
unnamed18
General

‘Hijacked!’ Why I turn down Osinbajo APC membership invitation, Femi Kuti reveals

by Freelanews
September 5, 2020
7576180 mahmoodyakubu jpeg8470ba2c382325da9bf4050595c2a7bb
General

Sokoto Assembly rerun: We are unaware of APC candidate’s defection to PDP – INEC

by Freelanews
January 24, 2020

Leave a ReplyCancel reply

UBA bank ad UBA bank ad UBA bank ad

Recent News

Peter Obi

Peter Obi says he may not be alive to contest 2027 election

July 8, 2026
Kogi

Three suspects arrested over death of Kogi school teacher

July 8, 2026
AICL

AICL launches Abuja Investment Summit 2026 with strategic MoUs planned

July 8, 2026
Ogun

Why Ogun assembly introduced safe termination of pregnancy bill, speaker explains

July 8, 2026
  • Trending
  • Comments
  • Latest
N250k signature

Abiodun vs Amosun: N250k signature plot deepens Ogun political crisis ahead Tinubu visit

April 3, 2026
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
james akaie

Nollywood SFX makeup artist James Akaie allegedly dies after explosion on Abeokuta movie set

January 13, 2026
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
Peter Obi

Peter Obi says he may not be alive to contest 2027 election

July 8, 2026
Kogi

Three suspects arrested over death of Kogi school teacher

July 8, 2026
AICL

AICL launches Abuja Investment Summit 2026 with strategic MoUs planned

July 8, 2026
Ogun

Why Ogun assembly introduced safe termination of pregnancy bill, speaker explains

July 8, 2026
ADVERTISEMENT
July 2026
SMTWTFS
 1234
567891011
12131415161718
19202122232425
262728293031 
« Jun    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Today’s Popular

  • DG Layi Abidoye

    DG Layi Abidoye triumphantly installed as 3rd D9112 governor

    0 shares
    Share 0 Tweet 0
  • Nigeria’s so-called tax collectors: Menacing and mafia-like

    0 shares
    Share 0 Tweet 0
  • Alleged ₦7.8bn fraud: Witness claims he deposited billions for Emefiele in Zenith bank

    0 shares
    Share 0 Tweet 0
  • Former Ogun LG chairman Wale Adedayo docked over allocation diversion allegations Against Abiodun

    0 shares
    Share 0 Tweet 0

Just Published!

Peter Obi

Peter Obi says he may not be alive to contest 2027 election

July 8, 2026
Kogi

Three suspects arrested over death of Kogi school teacher

July 8, 2026
AICL

AICL launches Abuja Investment Summit 2026 with strategic MoUs planned

July 8, 2026
Ogun

Why Ogun assembly introduced safe termination of pregnancy bill, speaker explains

July 8, 2026
Dangote

Dangote begins $17bn Kenya refinery project

July 8, 2026
No Result
View All Result
  • About Us
  • Contact
  • Advertisement
  • Editorial Charter
  • Corrections Policy
  • Sitemap

© 2025 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2025 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.