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.
The Federal Government trains 500 women and youths in food production and agriculture. The programme was started to support food security.
The Federal Ministry of Agriculture and Food Security partnered with the National Horticultural Research Institute (NIHORT).
The women and youths were taught tomato, okra and Telfairia production techniques. The government believes this will help boost agriculture, improve food production and strengthen the economy in Ogun State.
According to reports, fuel stations are reducing their prices a bit. This has become a general thing around Nigeria after the spike due to the removal of subsidy.
The prices are dropping to ₦1,275 and ₦1,299, going lower than ₦1,300 compared to what it was before.
MTN has moved closer to acquiring IHS Holding, following shareholder approval of the proposed takeover, marking another major milestone in the transaction.
The approval was secured during the Extraordinary General Meeting (EGM) held on 4 August, allowing the deal to progress to the next stage.
If completed, the acquisition is expected to strengthen MTN’s infrastructure capabilities by giving the company greater control over its telecommunications tower assets. Industry analysts believe the move could improve network efficiency, reduce long-term operating costs, and support MTN’s continued expansion across its markets.
The transaction is still subject to regulatory approvals and other closing conditions before it can be officially completed.
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