DCI

The US House of Representatives approved a bill that could freeze economic and security aid to Nigeria unless the government certifies progress in addressing anti-Christian violence. The measure contrasts with recent efforts by the Trump administration to strengthen ties with Nigeria, despite a visit by US Assistant Secretary of State Frank Garcia. Nigeria denies targeting Christians and has lobbied in Washington, while Republican lawmakers argue the aid conditions are necessary to address persistent insecurity.

Donaldson Co. (DCI) reported fiscal third-quarter net income of $118.1 million with adjusted earnings of $1.06 per share, exceeding Wall Street expectations of $1.05 per share. The company also posted revenue of $995.1 million, surpassing forecasts of $979.1 million.