Musibau Olasunkanmi Appointed New ICAN Registrar/CEO

Dr. Musibau Olasunkanmi has been appointed as the new Registrar/Chief Executive of the Institute of Chartered Accountants of Nigeria (ICAN). The announcement of his appointment was made on Friday following approval by the Governing Council during its meeting on December 15, 2023. According to a statement from ICAN, Olasunkanmi’s appointment reflects a strategic decision aimed…

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CBN Bans Banks, Fintechs from International Money Transfer Services, Jerks Up Application Fee by 1,900%

The Central Bank of Nigeria (CBN) has issued a prohibition on banks and financial technology companies (fintechs) offering international money transfer services. This notice is outlined in the updated guidelines for the operations of International Money Transfer Operators (IMTOs), which were formally published on January 31, 2024. The document read: “All banks are prohibited from operating…

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Biggest Ship, CMA CGM Scandola, to Berth in Lekki Deep Seaport Today

Just a week following the historic arrival of the largest container ship at Lekki Port, Nigeria’s deepest seaport, another significant vessel is poised to dock. This upcoming container ship surpasses the Maersk ship that recently graced the port’s waters. The vessel, known as CMA CGM Scandola, boasts a capacity to transport 14,000 twenty-foot equivalent units…

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FAAN

Uzodimma: It makes financial sense to relocate FAAN and CBN departments to Lagos.

According to Imo State Governor Hope Uzodimma, it makes financial sense to relocate the Federal Airports Authority of Nigeria (FAAN) and certain Central Bank of Nigeria (CBN) divisions to Lagos in order to improve operational efficiency. In an interview with Sunday Politics on Channels Television, Uzodimma made this claim. “I listened to Ali Ndume, the…

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Mangu Plateau

Mangu madness: Terrified neighbor: People gathered in my neighbor’s house were burned alive

The Sunday Hifoxnew’s investigations on Friday show that over 100 properties, including shops, private homes, and places of worship, were set on fire during the recent clash in the Mangu local government area of Plateau State. This is in contrast to the police account, which stated that only 10 houses were destroyed. Remember that on…

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