A statistical study of L-band amplitude scintillations and zonal drift velocity of Fresnel-scale ionospheric irregularities is presented. Ground-based global positioning system (GPS) data acquired at the equatorial station of São Luís (2.33°S, 44.21°W, dip latitude 1.3°S), Brazil, during the solar maximum period from March 2001 to February 2002 are used in the analysis. The variation of scintillations and irregularity drift velocities with local time, season and magnetic activity are reported. The results reveal that for the near overhead ionosphere (satellite elevation angle >45°) a broad maximum in the occurrence of scintillation is seen from October to February. In general, weak scintillations (S 4 < 0.4) dominated (>90%) during equinox (March–April; September–October) and December solstice (November–February) quiet time conditions and, many of the scintillations, occurred during pre-midnight hours. The mean zonal velocities of the irregularities are seen to be ∼30 m s −1 larger near December solstice, while during the equinoctial period the velocities decay faster and the scintillations tend to cease earlier. On geomagnetically disturbed nights, scintillation activity seems to be strongly affected by the prompt penetration of magnetospheric electric fields and disturbance dynamo effects. On disturbed days, during the equinox and December solstice seasons, the scintillations tend to be suppressed in the pre-midnight hours, whereas during June solstice months (May–August) the effect is opposite. In the post-midnight period, the mostly marked increase in the scintillation occurrence is observed during the equinox months. The results show that during disturbed conditions only one type of storm (when the main phase maximum takes place during the daytime hours) agrees with the Aarons’ description, that is the suppression of L-band scintillations in the first recovery phase night. The results also reveal that the storm-time irregularity drifts become more spread in velocity and occasionally may present westward drift. The present work is important to evaluate the behavior of the ionospheric irregularities at equatorial latitudes under geomagnetically quiet and disturbed conditions, which is one of the most relevant themes in the space weather studies.