She was said to have died, Saturday morning in Lagos.
An online platform, The Elites reported that she died at 11:30am.
The banker, recently visited President Muhammadu Buhari to thank him for his contribution to her success. She said that it was Buhari as a military Head of State that appointed her the first female Chairman of United Bank for Africa.
She said, “Having turned 80, I looked at my life and made a list of those who contributed to what I have become in my life and the name of President Muhammadu Buhari came topmost on the list.
“This is why I am here to pay my respect and thank him,” she said.
Dr. Olubi was born September 28, 1936. The former ICAN president graduated from the University of London in 1963. She was appointed the first female chairman of the United Bank for Africa, UBA in 1984.