According to a family source, Odogwu died in his home on Monday.
Born on March 20, 1931, in Calabar, Odogwu hails from Delta state and holds a high ranking traditional title of Ide Ahaba of Asaba.
He had his secondary school education at Ilesha Grammar School, Osun state and thereafter joined an insurance firm to work as a trainee before he travelled abroad for further studies.
Odogwu established the Sunny Iwedike Odogwu (SIO) Group of Companies, a firm with investment in property development, shipping, finance, industrial relations and hotel management.
He also established Robert Dyson and Diket, an insurance brokerage firm and was the publisher of now-defunct Post Express Newspapers.
He is survived by his wife, Theresa and nine children.