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Oyo Govt approves purchase of 106 mass transit buses for N9.3bn

The Government of Oyo State has approved the purchase of 106 brand new buses for the mass transit scheme in the state, while also approving the construction of two link roads around Akobo and junction improvement contracts in the Challenge area of Ibadan.

ECONOMY

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Nigeria’s Purchasing Managers’ Index rises to 49.4 in October – CBN

WorldStage Newsonline– The October Purchasing Managers’ Index for the manufacturing sector stood at 49.4 index points, indicating a reversal of five consecutive months of contraction which started in May,  according to the result of PMI survey released by the Statistics Department of Central Bank of Nigeria (CBN) on Tuesday.

POLITICS

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#EndSARS: APC tackles PDP for faulting Sanwo-Olu’s projection of N1 trillion to restore Lagos

WorldStage Newsonline– The All Progressives Congress (APC) in Lagos State has attacked the Peoples Democratic Party (PDP) for faulting Gov. Babajide Sanwo-Olu’s projection of N1 trillion to restore property destroyed during #EndSARS protests.

FOREIGN

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Iran plans to sell more arms after UN embargo lift

Iran on Monday said it is more inclined to sell weapons rather than buy them, after it announced the end of a longstanding UN conventional arms embargo, Tasnim news agency reported on Monday. .