The entertainment mogul died on Friday morning in an auto crash around 1am.
The accident occurred along the Magodo axis of the Lagos – Ibadan Expressway while he was heading home.
Photographs of the accident showed that his white Range Rover ran into a stationary trailer, leaving him dead on the spot.
The Lagos State Emergency Management Agency (LASEMA) confirmed his death via its official Twitter account, saying: “A Range Rover SUV ran into a parked trailer at 1am along Lagos/Ibadan express way. One casualty.”
A Range Rover SUV ran into a parked trailer at 1am along Lagos/Ibadan express way. One casualty #LRU112 #Call112 pic.twitter.com/aFPZkojjck
— LASEMA RESPONSE UNIT (@lasemasocial) October 7, 2016
Jeyibo was the Chairman of Koga Entertainment which has subsidiaries including Koga Xtra TV, Koga Studios, KICL Clothing, Koga Lounge, Koga Hall and Koga Records.
He was also a filmmaker.
May his soul rest in peace.