The debt mutual funds have seen an outflow of Rs 7,979 crore in August against an inflow of Rs 1.06 lakh crore in July. In August 2024, debt mutual funds received an inflow of Rs 45,169 crore. According to an analyst, this sharp reversal from robust inflows in July was primarily driven by significant redemptions…
A bomb explosion on Taiwo Street, Idi-Araba, in the Mushin Local Government Area of Lagos State was triggered by a scavenger, Saturday PUNCH has gathered. The explosion claimed the life of the scavenger and left three others injured. Findings by Saturday PUNCH revealed that the scavenger was attempting to dismantle military-grade grenades with the intention…
The Supreme Court of Kenya has suspended the Court of Appeal’s decision to nullify the Finance Act 2023. This would allow the government to continue collecting taxes under the contested law. The ruling cited public interest and the need to maintain stability in the budgeting process. This decision comes after a prolonged legal battle over…
