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Nigeria’s Access Bank co-founder Herbert Wigwe, his wife, son, and former stock exchange president were killed in a helicopter crash in California.
Wigwe, who founded Access Bank in 1989, became the largest bank in Nigeria in 2018 after acquiring Diamond Bank.
He had been working to expand across Africa, acquiring banks in Kenya, South Africa, and Botswana. Wigwe’s death has been described as an “overwhelming tragedy” by President Bola Tinubu.
He was also in the process of starting his own educational institute, Wigwe University, in Nigeria’s Niger Delta region. His death is seen as a blow for Nigeria and Africa’s banking industry.
