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House backs bill to prohibit bank employees from operating foreign accounts

A bill seeking to prohibit bank employees from operating foreign accounts has passed second reading at the house of representatives. The bank employees’ declaration of assets act amendment bill also seeks to mandate the bankers to declare assets of their spouses and children less than 18 years old. The Economic and Financial Crimes Commission (EFCC) had in March ordered those in the banking sector to declare their assets in accordance with the act, raising questions as to the legality of such directive. Newsmen reported that the bank employees’ declaration of assets act requires bank board members, managing director, general managers, clerks, cashiers, messengers, cleaners, drivers, and any other category of workers — whether part‐time, casual or temporary — to declare their assets. Leadin...

Yinka Odumakin: Nigeria has lost a fearless activist – Ekiti governor

The Ekiti State Governor, Dr Kayode Fayemi, has mourned the death of Mr. Yinka Odumakin, the renowned activist and Spokesperson of the Pan-Yoruba socio-political group, Afenifere, describing the news of his passing as “tragic and deeply devastating.” Odumakin, according to his family, passed away Saturday morning after battling with COVID-19 complications at the age of 59years. Fayemi in a statement signed by his Chief Press Secretary, Yinka Oyebode said the Yoruba and indeed Nigeria have lost, ” a truly patriotic citizen, a fearless activist who consistently spoke truth to power and a man of the people who championed the cause of his people till he breathed his last.” He described the death of the Afenifere spokesperson as a personal loss to him, ” having had a long-standing working relat...