Nigerian billionaire Sunny Odogwu is dead

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Top Nigerian businessman, Billionaire Sunny Odogwu is dead. Odogwu died in his home on Monday.

Born on March 20, 1931, in Calabar, the Cross River State capital, Odogwu hailed from Delta State and held a high ranking traditional title of Ide Ahaba of Asaba, the state capital.

He had his secondary school education at Ilesha Grammar School, Osun state and thereafter joined an insurance firm to work as a trainee, before travelling abroad for further studies.

Odogwu established the Sunny Iwedike Odogwu (SIO) Group of Companies, a firm with investments in property development, shipping, finance, industrial relations and hotel management. He also established Robert Dyson and Diket, an insurance brokerage firm, and was the publisher of now-defunct Post Express newspapers.

At the creation of Delta and Edo States from the defunct Bendel State and eventual splitting of assets between the two states, he bought over one of the Bendel Hotel outlets in Asaba which he transformed to Grand Hotels and Resorts, a five star hotel.

He is survived by his wife, Theresa, and nine children.

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