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July 17, 2026 - 12:50 PM

Nigerian businessman takes own life following substantial losses in betting

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The Chief Executive Officer (CEO) of a company called “Faso Energy LTD” publicly shared his intention to take his own life on Facebook.

In a Facebook live video, he openly discussed his planned actions. According to additional information, he had borrowed a significant amount of money with the hope of making a substantial profit, but unfortunately, he faced a complete loss.

Reports suggest that the man had ingested a large quantity of sniper insecticide before being urgently taken to the hospital.

His final Facebook post indicated a farewell message, stating, “Today is my last day on earth! I am going to meet my maker.

Thank you Chima Anyaso, Ikukuoma Abia, Kelvin Jombo Onumah, Ekueme Ohafia, and my friend. My spirit is with you all.”

Tragically, he was later confirmed dead at the hospital on Tuesday evening.

The incident sheds light on the challenges individuals may face, both personally and financially, and emphasizes the importance of mental health awareness and support.

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