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Seyi Makinde emerges richest governor in Africa (See list of companies he owns)

Governor Seyi Makinde of Oyo State have emerged the richest governor in Africa at the time of taking oath of office having declared assets worth an excess of 130 million dollars, recent finding revealed. He overtook Abubakar Sani Bello, the governor of Niger state, the son of of the billionaire businessman Mohammed Sani Bello to…

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N2.6m non-remittant profit: POS operator sues UPSL, CBN, banks

An operator of Point of Sale (POS) machine under the business registered name, Twistwell Multiventures, Mr Joseph Okodua, has charged a payment system service provider in Nigeria, Unified Payment Services Limited (UPSL) to court for non-remittant profit of N2.6million. Twistwell Multiventures brokered business transaction agreement with Unified Payment Services Limited in which POS machine in…

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CBN tells customers to report banks rejecting mutilated Naira notes

The Central Bank of Nigeria (CBN) yesterday asked bank customers to report any commercial bank that rejects dirty, soiled, worn out, defaced or mutilated naira notes for sanction. CBN Director, Currency Operations Department Mrs. Pricilla Eleje, passed the message to bank customers during the launch of the Clean Note Policy and Banknote Fitness Guidelines in…

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