EU Archives — City Business News

July 30, 2023 No Responses

EU Suspends Security Cooperation, Budgetary Aid For Niger

The European Union (EU) has suspended all security cooperation with Niger after the country’s army took power in a coup. It comes shortly after the US declared its “unflagging support” for ousted president Mohamed Bazoum – seen as ...

July 27, 2023 No Responses

Photo News

The Executive Management of the Niger Delta Development Commission, (NDDC), visited the European Union headquarters in Abuja, on Wednesday to discuss Public Private Partnership (PPP). From left is the NDDC Executive Director, Projects, Mr. Charles Ogunmola; th...

May 3, 2022 No Responses

EU Divided Over Russian Energy Supplies

European Union countries are split on how soon they wind down dependence on Russian energy supplies. BBC reports that while sanctions have been applied to other areas of business, the EU remains heavily reliant on Russian oil and gas. Germany’s...

March 26, 2022 No Responses

EU, US Seal Gas Deal

The United States (US) and the European Union (EU) have announced a major deal on liquified natural gas, in an attempt to reduce Europe’s reliance on Russian energy. BBC reports that the agreement will see the US provide the EU with...

January 16, 2022 No Responses

EU Blocks Hyundai, Daewoo Shipping Merger

The European Commission has adopted a decision to prohibit a mega-merger that would combine two South Korean shipbuilding companies, Hyundai Heavy Industries Holdings (HHIH) and Daewoo Shipbuilding & Marine Engineering (DSME). The merger between the two So...

December 3, 2021 No Responses

Countries Reach Deal To Cut Trade Costs

Members of the World Trade Organization (WTO) have agreed on a landmark deal that could cut trade costs by £113bn a year. Some 67 members agreed to cut red tape around licensing and qualifications. The signatories, which include the UK,...

February 5, 2021 No Responses

Electric Vehicle Sales Surge In EU

Demand for electric vehicles soared in the EU last year as buyers took advantage of government subsidies for clean cars aimed at helping manufacturers weather the unprecedented hit from the Covid-19 pandemic, the European Automobile Manufac...

June 21, 2020 No Responses

EU, UN Hand Over Medical Supplies To Nigeria

European Union (EU) and United Nations (UN) have received and handed over urgently needed essential medical supplies to the Nigerian Government to fight COVID-19 pandemic in the country. The UN stated this in a statement jointly issued by EU on...

June 17, 2019 No Responses

PDP Lauds EU Report On Nigeria’s 2019 elections

The National Working Committee (NWC) of the Peoples Democratic Party (PDP) has commended the European Union (EU) on its final report on the 2019 general elections. The party made the commendation in a statement issued by its National Publicity Secretary,...

July 28, 2017 No Responses

EU to Belgium, France: Abolish tax exemptions for Ports

The European Commission has asked Belgium and France to abolish the corporate tax exemptions granted to their ports, so as to align their tax regime with EU state aid rules. In Belgium, a number of sea and inland waterway ports,...

June 25, 2017 No Responses

EU to move two agencies from London

(BBC) EU leaders have officially launched the competition between member states to decide which will host two London-based EU agencies, responsible for medicines and banking. The relocation must take place by the Brexit deadline – 30 March 2019. Some c...

June 23, 2017 No Responses

UK offers EU Citizens post Brexit status

European Union citizens legally resident in the UK should have the same rights as British citizens after Brexit, the UK prime minister has told EU leaders. “No-one will face a cliff edge,” Theresa May said at a Brussels summit. A...

May 18, 2017 No Responses

WFE responds to EC’s consultation on operation of european supervisory authorities

The World Federation of Exchanges (“WFE”) has responded to the European Commission’s Public Consultation on the Operations of the European Supervisory Authorities (ESAs). While the consultation has an EU focus, there are some items that are relevant t...