UK Archives — Page 4 of 6 — City Business News

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...

February 28, 2019 No Responses

UK, African Leaders Congratulate Buhari

The United Kingdom has felicitated with President Muhammadu Buhari on his electoral victory in the Saturday’s presidential election. A statement from the UK’s minister of state for Africa, Harriett Baldwin, said the result declared by the Independent Natio...

February 27, 2019 No Responses

CSCS Gets ISO/IEC 27001:2013 Re-certification

Central Securities Clearing System (CSCS) Plc has secured its recertification under ISO/IEC 27001:2013 following the recent audit of its compliance with information security risks controls by the British Standards Institution (BSI), UK, one of the world’s la...

February 3, 2019 No Responses

Maersk To Reflag UK Vessels, End Training Of Cadets

Danish shipping giant, Maersk plans to reflag UK vessels and end training of cadets in advance of Britain leaving the European Union in March, maritime trade union Nautilus said. As informed, the company decided to take its remaining vessels off...

January 27, 2019 No Responses

Nigeria Reiterates Economic Development Collaboration With UK, Others

Nigeria has assured of its readiness to partner with any group or stakeholders towards the transformation and economic development of the country. Minister of Finance, Mrs Zainab Ahmed stated this at the closing session of the UK-Nigeria Climate Finance Accele...

August 30, 2018 No Responses

Buhari To UK Prime Minister: 2019 Election Will Be Free, Fair, Credible

President Muhammadu Buhari Wednesday in Abuja assured the UK Prime Minister Theresa May of his commitment to conducting free, fair and credible elections in 2019. In a bilateral meeting with the visiting Prime Minister, President Buhari welcomed UK’s support...

August 3, 2018 No Responses

UK Deports 36 Nigerians

Barely a week after about 40 Nigerians were deported from Europe for immigration offences, another batch of Nigerians were on Wednesdayextradited from United Kingdom for similar offences. This time around, 36 Nigerians comprising 33 males and three females wer...

July 12, 2018 No Responses

NLNG Seeks $7B For Expansion, Targets 30 Million Tonnes Per Annum

In the build-up towards Final Investment Decision (FID) later in 2018, Nigeria LNG Limited (NLNG)is seeking $7 billion from the global financial markets for the sustainability of its operations and expansion project which will increase its production capacity ...

June 12, 2018 No Responses

Land Rover Discovery Moves Out Of UK

Jaguar Land Rover (JLR) has said it will move production of its Land Rover Discovery SUV from the West Midlands to Slovakia from next year. The Solihull factory, where the Discovery is manufactured, will be used to build a new...

April 26, 2018 No Responses

Diamond Bank Pulls Out Of UK

The Managing Director/ Chief Executive Officer of Diamond Bank Plc, Uzoma Dozie, has assured customers that the sale of the international subsidiaries is not expected to cause service disruptions for the bank’s customers across the world. The Bank exp...

March 29, 2018 No Responses

UK Car Production Drops In February

The number of cars made in Britain fell in February as domestic demand slumped by “double digit figures”, industry figures suggest. The Society of Motor Manufacturers and Traders (SMMT) said that 145,475 vehicles were built during the month –...

March 28, 2018 No Responses

UBA London Subsidiary Gets Regulatory Approval

Foremost financial institution, United Bank for Africa (UBA Plc) on Tuesday announced that its London subsidiary has obtained regulatory permission to carry out wholesale banking services in the United Kingdom. The approval licence was granted to the lender ...