Fresh facts have emerged why First City Monument Bank (FCMB) manager, Olisa Nwakoby pulled a pistol and blew up his brain at Our Lady Star of the Sea Catholic Church in Lekki, Lagos State recently. The 44years old banker who is the manager of FCMB’s branch in Lekki is said to have shot himself in the head over a bad loan estimated at N350million.

He was said to have given out the money as loan to a customer, who failed to service the loan and he was under pressure from the bank’s management to repay the loan.

However, Lola Egboh, Group Head, Communications and Brand Management of the bank opened up her late colleague: “It is rather unfortunate that the incident happened. Mr. Nwakoby was a member of staff of the FCMB. We are not aware that he was facing personal challenges, which led to the incident. As a bank that caters to the well-being of its workers, we have counsellors who could have helped him. This came as a surprise to us as it was to the public. It is such a trying time for the family; we have been in touch with them. There is a lot of speculations going on at the moment, a lot of them unfounded. We are working closely with security operatives and his family to understand what could have led to the persoal challenges. I am not aware of any loan. I can’t comment on speculations.”