UK – Page 3 – City Business News

March 18, 2023 No Responses

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 authorities. A statement issued...

January 7, 2023 No Responses

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...

December 8, 2022 No Responses

UK To Double US Gas Imports

The United Kingdom has agreed to double imports of US gas over the next year as it tries to stabilise soaring energy prices. Prime Minister Rishi Sunak said the plan would “bring down prices for British consumers and help end Europe’s...

November 13, 2022 No Responses

FBNBank UK Stands Tall At 40, Appreciates Customers, Regulators

FBNBank UK, a member of First Bank of Nigeria Limited and Subsidiaries had London, the United Kingdom painted blue as it celebrated its 40th anniversary, themed Partnership Beyond Borders, on Friday, 11 November 2022. The event which had cust...

June 28, 2022 No Responses

Ekweremadu, Wife Sue NIMC, NIS, UBA, Stanbic-IBTC Bank

Former Deputy Senate President, Ike Ekweremadu, and his wife, Beatrice, have sued the National Identity Management Commission (NIMC) and others over the controversy surrounding David Ukpo’s real age. Others mentioned in the suit are the Comptroller Ge...

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,...

November 21, 2021 No Responses

Germany, UK, Top List Of 2,444 Registered Private Jet Owners In Europe

Analysis from Colibri Aircraft, the private jet broker, reveals there are around 2,444 pre-owned private jets registered in Western Europe. There were 2,414 in 2020 and 2,344 in 2019. Germany has the largest fleet of registered private jets wi...

October 31, 2021 No Responses

World Leaders Approve Corporate Tax Deal

Leaders of the world’s 20 major economies have approved a global agreement that will see the profits of large businesses taxed at least 15%. It follows concern that multinational companies are re-routing their profits through low tax jurisdictions. ...

October 21, 2021 No Responses

Morocco Bans UK Flights

Several UK airlines and holiday companies have been told by the Moroccan government that flights will be suspended from 23:59 BST on Wednesday until further notice. BBC also reports that flights between Morocco and Germany and the Netherlands have also.....

September 14, 2021 No Responses

UK Seeks Zero Global Shipping Emissions

The UK government has backed an absolute zero target for international shipping emissions by 2050, marking the start of London International Shipping Week. This target, which would need to be agreed through the International Maritime Organization, wo...

September 4, 2021 No Responses

NPA Partners UK Border Force On Port Security

The Nigerian Ports Authority (NPA) is set to partner with the United Kingdom Border Force on port security. The partnership is also designed to facilitate the legitimate movement of persons and goods at all seaports in the country. NPA’s acting...

August 18, 2021 No Responses

UK To Welcome 20,000 Afghans

Thousands of Afghan refugees will be resettled in the UK after the Taliban seized control of Kabul, the UK government has promised. The new scheme will see up to 20,000 Afghans offered a route to set up homes in the...

June 22, 2021 No Responses

UK To Join Asia-Pacific Free Trade Pact

Britain is to start negotiations to join a free trade area which could grant businesses access to “some of the biggest economies of the present and future”, the government has said. The Comprehensive and Progressive Agreement for Trans-Pacific Part...

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&#8217...