Business
Trump Stops Bribery Prosecutions Saying US Businesses Need a Fair Chance
Former U.S. President Donald Trump has signed an executive order directing the Justice Department to halt prosecutions of Americans accused of bribing foreign officials to secure business deals.
The order instructs Attorney General Pam Bondi to suspend cases under the Foreign Corrupt Practices Act (FCPA) of 1977 until new enforcement guidelines are introduced to support U.S. business interests.
According to the directive, any future FCPA investigations or charges must receive approval from the attorney general.
The White House argues that the law puts American companies at a disadvantage compared to foreign competitors, as it prevents them from engaging in practices that are common in global markets.
“America’s national security relies on U.S. businesses gaining strategic advantages worldwide,” a White House statement read, emphasizing that Trump is curbing aggressive FCPA enforcement to help American firms compete on a level playing field.
It has been noted that there is now an increase in fuel all around Nigeria, from … to 1000 plus in fuel stations.
It was also noted that Dangote Petroleum Refinery increased the price to 1,175 per litre and diesel has been increased to 1,620 per litre.
This new spike in fuel increase has caused Nigerians to lament widely, wondering why this change happened all of a sudden.
- MTN Nigeria Communications Plc (MTNN) – Strong telecom growth and 5G expansion.
- Dangote Cement Plc (DANGCEM) – Leading cement maker benefiting from infrastructure demand.
- Guinness Nigeria Plc (GUINNESS) – Consumer stock with solid turnaround potential.
- Okomu Oil Palm Plc (OKOMUOIL) – Agriculture stock tied to palm oil demand.
- Seplat Energy Plc (SEPLAT) – Energy player with gas and oil sector exposure.
- Zenith Bank Plc (ZENITHBANK) – Tier-1 bank with strong financial performance.
- Guaranty Trust Holding Company Plc (GTCO) – Leading bank with diversified revenue streams.
- Presco Plc (PRESCO) – Palm oil producer with export and dividend potential.
- NASCON Allied Industries Plc (NASCON) – FMCG stock with strong fundamentals.
- Aradel Holdings Plc (ARADEL) – Growing energy sector stock with upstream exposure.
It has been noted that the National Youth Service Corps (NYSC) and British American Tobacco Nigeria Foundation (BATNF) plan to renew their partnership in agribusiness.
The new project is to involve youth in the agriculture business, widen their horizons, and educate them about the agritech sector.
The general manager shared that “The foundation is not only providing grants but also building a system of mentorship, structure, and support that enables corps members to see agribusiness as a serious enterprise pathway.” The plan is to use the NYSC platform to engage youths.
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