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US President Donald Trump speaks during an event to announces a grant for drug-free communities support program, in the Roosevelt Room of the White House in Washington, DC, on August 29, 2018. - AFP PHOTO - MANDEL NGAN

Smart watches, speakers escape Donald Trump’s tariffs

Many high-profile consumer technology items such as “smart” watches and speakers were spared by the U.S. tariffs that hit some $200 billion worth of Chinese products.

Keystone Bank sued for alleged non-remittance of $17 million to TSA

An Abuja-based lawyer, Johnmary Jideobi, has sued Keystone Bank for alleged violation of the Treasury Single Account (TSA) policy.
US President Donald Trump speaks during an event to announces a grant for drug-free communities support program, in the Roosevelt Room of the White House in Washington, DC, on August 29, 2018. - AFP PHOTO - MANDEL NGAN

Donald Trump slams tariffs on $200 billion Chinese goods

U.S. President Donald Trump has directed aides to proceed with tariffs on about another $200 billion of Chinese goods, despite Treasury Secretary Steven Mnuchin’s attempts to restart trade talks with China, a source familiar with the matter said.
US President Donald Trump speaks during an event to announces a grant for drug-free communities support program, in the Roosevelt Room of the White House in Washington, DC, on August 29, 2018. - AFP PHOTO - MANDEL NGAN

From popsicles to Trump tweets: how US-Canada trade talks stalled

It was about 10:30 pm when Chrystia Freeland emerged from a meeting with Robert Lighthizer, saying she had but a few words with the US Trade Representative.
Turkey's Halkbank

Turkey begs Donald Trump over bank probe

The United States (U.S.) on Sunday rejected offer from Turkey to release detained American pastor Andrew Brunson, for the suspension of investigation into Turkish bank, Halkbank.
Nigerian National Petroleum Corporation (NNPC)

NNPC clarifies tariff issue on Ajaokuta-Kaduna-Kano pipeline project

Nigerian National Petroleum Corporation (NNPC) execution of the strategic Ajaokuta-Kaduna-Kano (AKK) gas pipeline project is progressing under the original concept of 100 per cent contractor financing model, an official said.
Donald Trump

Chinese media mocks Donald Trump’s trade war claims as ‘wishful thinking’

Chinese state media kept up their criticism of U.S. President Donald Trump’s trade policies, with a newspaper on Tuesday describing as “wishful thinking” Trump’s belief that a fall in Chinese stocks was a sign of his winning the trade war.
US President Donald Trump and Russian President Vladimir Putin

Donald Trump: Vladimir Putin may be easiest meeting of European trip

US President Donald Trump on Tuesday said his meeting with Russia’s Vladimir Putin may prove easier than those with European allies, moments before departing for Brussels for a key NATO summit.

Appreciate your allies – EU chief tells Donald Trump

European Union President Donald Tusk delivered a blunt message to US President Donald Trump on Tuesday on the eve of a NATO summit in Brussels, telling him to “appreciate your allies”.

Senator Uzodimma calls for justice over Plateau killings

Chairman of Southern Senators Forum, Sen. Hope Uzodinma, has sent his deepest condolences to the families of the victims of the recent Jos killings which he described as unwarranted and unjustifiable.
Donald Trump

Donald Trump threatens 20% tariff on all European cars

Donald Trump has threatened a 20% tariff on all European cars if the EU does not remove trade barriers introduced on Friday.

Donald Trump prepares China tariff target list

US President Donald Trump on Friday was due to unveil a final list of Chinese imports that would face punishing tariffs, fanning fears of a trade war as Beijing warned that it could swiftly strike back.

US singled out by G7 allies over tariffs ahead of summit

The US was singled out by some of its closest allies over the imposition of tariffs that they warn will undermine open trade and weaken confidence in the global economy.

China: Xi Jinping’s pledges unrelated to US trade spat

China denied President Xi Jinping's pledge to further open the country's economy amounts to concessions in a trade spat with the United States, and warned it was ready to hit back at any new US protectionist moves.

Forex fraud: Senate calls on federal government to blacklist guilty companies, banks

The Senate Committee on Customs, Excise and Tariffs on Thursday urged the Federal Government to blacklist companies and banks found culpable of engaging in foreign exchange abuses.

Active telecoms subscribers stood at 141m in October – NCC

The Nigerian Communications Commission (NCC) says that it recorded 140,766,653 active subscribers of the telecommunication networks in October as against 139,905,213 in September.

Federal govt to raise tariffs on tobacco, alcoholic drinks – Udoma Udoma

The Federal Government will increase tariffs on tobacco and alcoholic drinks from January in a bid to raise revenue for its N8.6 trillion 2018 budget.

TSA: Fed govt withdraws suit against 7 banks, cites public interest

The Federal Government on Tuesday at the Federal High Court sitting in Lagos filed an application seeking to withdraw its suit against seven banks accused of violating the Treasury Single Account (TSA) policy.

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