The business mogul has been identified as Olorogun Oskar Ibru, chairman of the Ibru Organisation. He reportedly died at age 67, after a brief illness. The Ibru family confirmed the death in a statement on Wednesday, September 24, 2025.
Further details about the cause of death were not disclosed by the family.
A number of tributes have poured in across Nigeria. Media entrepreneur Dele Momodu described Ibru as “an extremely friendly gentleman and a socialite per excellence.” The Ibru Organization is a major conglomerate in Nigeria. Oskar’s father, Michael Ibru, built the foundations of the business dynasty spanning shipping, oil & gas, real estate, commerce, etc.
Oskar Ibru’s passing comes less than a decade after the death of the family patriarch, Michael Ibru (who died in 2016).
The Background & Legacy
Ibru family is one of the prominent business dynasties in Nigeria, especially in the South/South region. Their activities cover sectors like shipping, real estate, oil & gas, and trading. Oskar Ibru is seen as a custodian of that legacy, someone who had the responsibility to carry forward the empire built by Michael Ibru.
Caveats & What Is Still Unknown
The precise cause of death remains undisclosed only “brief illness” is cited so far. The funeral arrangements or memorial plans have not yet been made public.
Some reports may vary in how they spell his name (Oskar vs Oscar) or titles; always double-check with primary sources. Reactions and further insights (e.g. from business associates, state dignitaries) may emerge in the coming hours or days.
