India Signs $100b Free Trade Deal With Four Countries

India Signs $100b Free Trade Deal With Four Countries

India has signed a free trade agreement (FTA) with a group of four European countries that are not members of the European Union. The deal with the European Free Trade Association (EFTA) will see investments in India of $100bn (£77.8bn),...
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Parallex Bank wins UK Reputable Bank award

Parallex Bank wins UK Reputable Bank award

Parallex Bank Ltd. has been recognised as the Reputable Bank of the Year by the Global Reputation Forum in the United Kingdom. The Chief Executive Officer of Parallex Bank, Dr Olufemi Bakre, who represented the bank at the event, made...
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Nissan Unveils £2b Electric Car Investment Plan In UK

Nissan Unveils £2b Electric Car Investment Plan In UK

Nissan and its partners have announced a £2bn plan to build three electric car models at its Sunderland factory. BBC Reports that the Japanese firm will build electric Qashqai and Juke models at the plant alongside the next generation of...
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Hyundai Rolls Out Low-Carbon Electric Propulsion System For Large Ships

Hyundai Rolls Out Low-Carbon Electric Propulsion System For Large Ships

HD Korea Shipbuilding & Marine Engineering and HD Hyundai Heavy Industries (HHI), affiliates of HD Hyundai Shipbuilding, has received approval in principle (AIP) for the low-carbon electric propulsion system (phase II) for solid oxide fuel cell (SOFC) batt...
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United Nigeria Airlines Gets Approval To Fly UK, US, UAE, Others

United Nigeria Airlines Gets Approval To Fly UK, US, UAE, Others

THE Federal Government has granted the approval of the United Nigeria Airlines to begin international flights operations into six countries, including United Kingdom. Mr Hassan Ejibunu, Director, Air Transport Management, Ministry of Aviation and Aer...
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Deepen Partnership With Africa, Tinubu Urges UK

Deepen Partnership With Africa, Tinubu Urges UK

President Bola Tinubu has urged the United Kingdom to strengthen its partnership with Nigeria and the African continent through increased investments across various sectors.  He made the call on Wednesday when he received the United Kingdom’s ...
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Shell Partners Firm On Maritime Decarbonisation

Shell Partners Firm On Maritime Decarbonisation

United Kingdom design and engineering consultancy company Houlder and Shell International Trading and Shipping Company Limited (Shell) have agreed to work together to identify, evaluate, and further develop solutions to accelerate the decarbonisation of the ma...
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Sustainable Shipping: UK Pledges $43m  

Sustainable Shipping: UK Pledges $43m  

The UK Government has committed £34 million ($43 million) of funding, which is part of the Clean Maritime Demonstration Competition (CMDC), for new technologies that will help decarbonise shipping. World Maritime News report that the competition loo...
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Shell Adverts Banned Over Misleading Claims

Shell Adverts Banned Over Misleading Claims

The United Kingdom advertising watchdog, Advertising Standards Authority (ASA) has banned a video advert and billboard campaign from Shell over misleading claims about how clean its overall energy production is. The ban applies to one TV advert,...
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World’s Largest Ship Arrives Port Of Rotterdam, Sail For UK May 28

World’s Largest Ship Arrives Port Of Rotterdam, Sail For UK May 28

The colossal vessel, MSC Loreto, with an unprecedented capacity of 24,346 TEU is calling at Europe’s top ports this week.  World Maritime News report that this remarkable ship has captivated onlookers and left them in awe as it arrived on...
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Tinubu Congratulates King Charles

Tinubu Congratulates King Charles

By Moses Ebosee, ebosele@hotmail.com — Nigeria’s President-Elect, Bola Ahmed Tinubu has sent a congratulatory message to the newly coronated King of the United Kingdom, King Charles lll. In a letter titled: ‘Congratulations On Your Coronation’, Ti...
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Ford Unveils Hands-Free Driving Technology

Ford Unveils Hands-Free Driving Technology

Ford drivers will legally be able to take their hands off the wheel on the move after its BlueCruise technology has been approved in the UK. BBC report that Ministers have approved the “hands-off, eyes-on” technology for use on certain...
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FIRS, UK Sign Capacity Building MoU

FIRS, UK Sign Capacity Building MoU

Nigeria’s Federal Inland Revenue Service (FIRS) has signed a Memorandum of Understanding (MoU) with the United Kingdom’s His Royal Majesty’s Revenue and Customs (HMRC) aimed at fostering improved collaboration on capacity building between the two tax aut...
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Shell To Pay First UK tax In Five Years

Shell To Pay First UK tax In Five Years

Shell has said it will pay tax in the UK for the first time since 2017 after making huge global profits last year.  The energy firm said it expected to “take a hit” of around $2bn (£1.7bn) on profits in...
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