Business

Nigeria’s Buhari will sign off 2018 budget on Tuesday, minister says

Nigerian President Muhammadu Buhari will sign the government’s long-delayed budget into law on Tuesday, Information Minister Lai Mohammed said on Friday. In May, Nigeria’s parliament passed a record 9.12 trillion naira ($28.95 billion) budget for 2018 aimed at boosting growth eight months before the country’s next presidential election. But it still needs to be returned […]

Business

China vows to hit back against US tariffs

China said on Friday that it will strike back quickly if the United States hurts its interests, hours before US President Donald Trump was due to unveil revisions to a tariff list targeting 50 billion dollars worth of Chinese goods. Washington and Beijing appeared increasingly to be headed toward a trade war after several rounds […]