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Reps probe alleged tax evasion by Multichoice group

EFCC arraigns Metro Digital over illegal Multichoice content

  • 6th May 2026
UBA wins Bank-of-the-Year award in Nigeria, seven other countries

UBA, Redtech, MoMo launch cardless payment partnership nationwide

  • 6th May 2026

UK court freezes $40m assets of Nigerian oil

  • 5th May 2026
UK job vacancies drop 23%, signaling economic slowdown

UK mortgage affordability hits 18-year high as repayments

  • 5th May 2026

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Reps probe alleged tax evasion by Multichoice group

EFCC arraigns Metro Digital over illegal Multichoice content broadcast

Business

Dangote Refinery raises petrol price to ₦1350/litre

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UBA wins Bank-of-the-Year award in Nigeria, seven other countries

UBA, Redtech, MoMo launch cardless payment partnership nationwide

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Economy

Tag: UK

Business

UK court freezes $40m assets of Nigerian oil tycoon Abdulrahman Bashar

The High Court of Justice in London has granted a post-judgment worldwide freezing order against Nigerian businessman Abdulrahman Musa Bashar and his Dubai-based company, Ultimate Oil & Gas FZCO. The order, issued on March 30, 2026 by Justice Bryan, freezes assets valued at approximately $40.2 million linked to the Rahamaniyya Group chairman. It is intended […]

UK job vacancies drop 23%, signaling economic slowdown
Business

UK mortgage affordability hits 18-year high as repayments exceed income threshold

United Kingdom homebuyers are experiencing the toughest mortgage affordability pressures in nearly two decades, though the impact varies widely across the country, according to industry data. UK Finance, the banking trade body, said that in 2025, initial mortgage repayments typically accounted for more than a fifth (21.3 per cent) of a buyer’s gross income nationwide, […]

Business

UK confronts Meta, TikTok, Google, others over online safety concerns

British Prime Minister Keir Starmer has told social media executives that “things can’t go on like this” during a Downing Street meeting focused on online safety. He convened senior leaders from Meta, TikTok, Google, Snapchat’s parent company, and X on Thursday morning as the government considers tougher regulation of social media platforms. Proposed measures include […]

Business

UK declines participation in US-led Strait of Hormuz blockade

The United Kingdom has said it will not join a proposed United States blockade of the Strait of Hormuz, creating another area of disagreement between President Donald Trump and Prime Minister Keir Starmer over the Iran conflict. In a statement on Sunday, the British government reiterated its support for freedom of navigation and the reopening […]

Business

UK to hike visa, citizenship fees from April

The United Kingdom government will raise fees for numerous visas, residency applications, and citizenship processes starting April 8, 2026. The increase will affect Nigerians and other foreign nationals seeking to visit, study, work, or settle in the UK. The updated fee schedule, published by the UK Home Office on Thursday, indicates higher charges across nearly […]

Business

UK cargo ship hit by projectile in Strait of Hormuz

A cargo ship in the Strait of Hormuz was hit by an unidentified projectile, sparking a fire onboard, the United Kingdom Maritime Trade Operations reported Wednesday morning. morning. The incident forced the ship’s crew, whose vessel has not been named, to evacuate. UKMTO warned other vessels to navigate cautiously and report any suspicious activity as […]

Business

UK replaces visa stickers with eVisas for Nigerian travellers

The United Kingdom has announced a major change to its immigration process for Nigerian travellers, confirming that it will discontinue physical visa stickers and replace them entirely with digital eVisas from February 25, 2026. The policy shift, disclosed in Abuja by UK Visas and Immigration (UKVI), means that all new UK Visit visas issued to […]

Business

UK bans junk food ads to fight childhood obesity

The United Kingdom on Monday introduced a nationwide ban on junk food advertising on TV and online, aiming to combat rising childhood obesity. Under the new regulations, foods and drinks high in fat, salt, and sugar (HFSS) are prohibited from being advertised on television before 9 p.m. and from being promoted through paid online ads […]

Business

UK, US strike landmark tech deal as Trump visits

Britain and the United States have signed a major technology agreement set to inject billions of pounds into the UK economy, coinciding with President Donald Trump’s second state visit. Prime Minister Sir Keir Starmer hailed the deal as “a general step change” in UK-US relations, promising “growth, security and opportunity across the country.” The “tech […]

UK job vacancies drop 23%, signaling economic slowdown
Aviation

UK travelers warned as poland faces heightened security threats

The United Kingdom Foreign, Commonwealth, and Development Office has issued an urgent travel advisory for Poland following rising security risks linked to Russian military activity near the Ukrainian border. The advisory warns British nationals of potential disruptions, including flight cancellations and heightened security measures, and urges travelers to follow official guidance. Poland has temporarily closed […]

Aviation

UK air travel restored amid major glitch at control centre

Flights have resumed in the United Kingdom following major disruption caused by an air traffic control issue. The National Air Traffic Service said the fault occurred at 4:05 p.m. at its Swanwick control centre and was resolved within 20 minutes., according to Sky News. The agency has apologised for the incident. “This was a radar-related […]

Transportation

UK, Germany to launch direct London-Berlin train route

The United Kingdom and Germany have signed a historic bilateral agreement to introduce a direct high-speed rail link between major cities in both countries, in a move set to redefine European cross-border travel by the early 2030s. The deal, known as the Kensington Treaty, was formalized on July 17 during German Chancellor Friedrich Merz’s first […]

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