UK Archives — Page 3 of 5 — City Business News

June 22, 2021 No Responses

Diri Meets British Envoy, Seeks UK Investment In Bayelsa

Bayelsa State Governor, Senator Douye Diri, has promised that his administration would provide and guarantee the enabling environment for United Kingdom investments in the state. Governor Diri gave the pledge on Monday when he met with the United Kingdom’s High...

June 15, 2021 No Responses

Vodafone Picks Samsung For 5G network

Vodafone UK has chosen Samsung as a supplier for its 5G infrastructure, as it seeks to extend its coverage. One analyst described the move as a “breakthrough” for Samsung, in a market expected to be dominated by Ericsson and Nokia,...

May 12, 2021 No Responses

UK Implores Nigeria On Tariff Exemption For Solar Equipment

The United Kingdom has urged the Federal Government to consider the issuance of tariff and duty exemption on solar equipment to accelerate Nigeria’s energy access and low carbon energy transition. This was made known in a communique issued on Tuesday...

March 13, 2021 No Responses

UK Exports To EU Drop 40%

United Kingdom (UK) goods exports to the European Union fell 40.7% in January, according to the Office for National Statistics (ONS), while imports tumbled 28.8%. The figures show the biggest drop since records began in 1997, and are the first...

January 7, 2021 No Responses

UK Car Sales Crash To 30-Year Low

British new car sales crashed to the lowest level for almost three decades in 2020, with demand ravaged by chronic coronavirus fallout and Brexit uncertainty, industry data showed Wednesday.Sales tanked by 29.4 percent compared with 2019 to 1.63 mill...

January 1, 2021 No Responses

UK Completes Separation From EU

A new era has begun for the United Kingdom after it completed its formal separation from the European Union. The UK stopped following EU rules at 23:00 GMT, as replacement arrangements for travel, trade, immigration and security co-operation came into...

May 2, 2020 No Responses

Nissan To Restart Output At UK’s Biggest Car Factory In June

Nissan will restart phased production in early June at its northern English Sunderland factory, Britain’s biggest car plant, as the sector tries to resume operations amid the coronavirus outbreak. Output at the site, which made just under 350,000 vehicle...

February 1, 2020 No Responses

UK leaves The European Union

The UK has officially left the European Union after 47 years of membership – and more than three years after it voted to do so in a referendum. The historic moment, which happened at 23:00 GMT, was marked by both...

December 10, 2019 No Responses

Jaguar Land Rover Delivers 46,542 Units In November

Jaguar Land Rover (JLR) on Monday reported a 3.4 per cent decline in total sales at 46,542 units in November as compared with the year-ago period. The year-on-year (YoY) sales in China for the Tata Motors-owned brand has increased by...

October 18, 2019 No Responses

British Ports Welcome Brexit Deal

The British Ports Association (BPA) has reservedly welcomed the news that a Brexit deal was agreed on Thursday between the United Kingdom and the European Union. Under the new deal, Northern Ireland will remain part of the UK’s customs territory...

September 10, 2019 No Responses

NLNG Awards 12 Overseas Post-Graduate Scholarships

Nigeria LNG Limited (NLNG) today in Port Harcourt awarded post-graduate scholarships to twelve (12) Nigerians to pursue Master’s degrees in high-ranking universities in the United Kingdom (UK). The scholarships were awarded at the second edition of NLNG Scho...

August 17, 2019 No Responses

UK Firm Gets Court Order To Seize $9b Nigerian Assets

A British judge has ordered the Nigerian government to pay $9bn in assets to a gas firm, P&ID. The firm, P&ID, had reached a deal with the Nigerian government in 2010 to build a natural gas plant – but the...

May 15, 2019 No Responses

Honda Confirms Closure Of UK Plant

Honda has confirmed its western England car factory, which employs 3,500 people, will close in 2021. The Japanese carmaker explained that the Swindon plant will shut in two years, “at the end of the current model’s production life cycle....

March 2, 2019 No Responses

UBA Begins Operations In UK

Barely three weeks after United Bank for Africa (UBA) group launched its operations in Mali, the foremost financial institution has commenced business activities in the United Kingdom. At the upscale ceremony which held on Thursday, February 28, 2019...