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Bank Manager Commits Suicide Over Unpaid Loans

Bank Manager Commits Suicide Over Unpaid Loans

Faith Joseph by Faith Joseph
October 10, 2025
in News
Reading Time: 1 min read
Bank Manager Commits Suicide Over Unpaid Loans
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Manager of SEAP Microfinance Bank, Sola Ogungbe has reportedly taken his life over unpaid loan facilities.

Mr Ogungbe reportedly took his life on Wednesday at his home in Iseyin, Iseyin Local Government Area of Oyo State.

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An eyewitness said, “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.

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

One of the deceased’s friends, who did not want his name in print, told PUNCH that “Sola 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.

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