Former Minister of Commerce and Industry, Dr. Bola Kuforiji-Olubi, 80, is reportedly dead.
She was said to have died on Saturday morning in Lagos.
The banker, who just turned 80, was recently accompanied by one of her sons to meet President Muhammadu Buhari at the presidential Villa.
Buhari as a military Head of State had appointed her as the first female Chairman of United Bank for Africa.
Bola Kuforiji-Olubi served in various capacities locally and internationally.
She was the 25th President of the Institute of Chartered Accountants of Nigeria, the first female to become president of the Institute.
While she was in the office she launched the Accounting Technicians Course in 1989–1990.
She was the first Nigerian woman to be CEO of a multinational company (VYB Industries Limited) with British affiliates (Incheape & Co Plc) and first female Chairman of a publicly quoted company (Bewac Plc).