Online fashion retailer Asos has bought the Topshop, Topman, Miss Selfridge and HIIT brands from failed retail group Arcadia in a deal worth £295m. Sir Philip Green’s Arcadia group fell

The Caixin China General Manufacturing PMI fell to a seven-month low of 51.5 in January 2021 from 53.0 in December, missing market expectation of 52.7. Both output and new orders

Wall Street is gearing up for another week of market mayhem, with signs that the retail frenzy that pumped up the stock prices of the likes of GameStop Corp and

The United Arab Emirates (UAE) has banned Nigerian passengers from transiting other airports before going to Dubai. Effective from Monday February 1, only those travelling directly from Nigeria would be

Nigeria’s federal government has given more insights into the cut in automobiles’ import tariffs just as it dismissed claims by a section of the organised private sector (OPS) that its

The operator of Hong Kong’s main airport has sold bonds for $1.5 billion to fund development of a third runway, its first deal offering US based investors the opportunity to

Nigeria’s integrated food business and agro-allied group, Flour Mills of Nigeria Plc, has continued its strong performance, growing its profit after tax (PAT) for the third quarter ended December 2020/21

Apple Inc’s smartphone shipments jumped 22% to record levels in the fourth quarter, making it the world’s biggest seller, while those for Huawei plunged as U.S. sanctions took effect. An

The Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC), Dr. Sanusi Barkindo, on Wednesday highlighted the role played by the Declaration of Cooperation (DoC), the group’s framework for supply

Nissan Motor Co said on Wednesday that all of its new vehicle offerings in key markets will be electrified by the early 2030s, as part of its efforts to achieve

Oil prices will average above $50 per barrel in 2021, a more than 21% rise from 2020’s depressed level on the back of the rollout of vaccines and fiscal stimulus

The International Monetary Fund (IMF) in its World Economic Outlook (WEO) update relead on Tuesday has projected that the Nigerian economy will grow by 1.5% this year, slightly lower than

The Central Bank of Nigeria left its monetary policy rate unchanged at 11.5% during its first meeting for the year. All other parameters were maintained. The Cash Reserve Ratio was

Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC), Dr. Mohammed Barkindo, on Monday said the current moves by countries and big investors to divest from the oil and gas

As the Monetary Policy Committee of the Central Bank of Nigeria (CBN) meets on Monday to commence its two-day meeting, the deliberation is expected to be centered around how to

 In line with a fresh directive from the Central Bank of Nigeria (CBN) that all exporters with unrepatriated export proceeds should be barred from accessing all banking services from January

Bitcoin fell heavily on Friday and was heading toward its sharpest weekly drop since last March, as worries over its technology and regulation extended a pullback from recent record highs.

Stakeholders in Nigeria’s maritime industry have hailed the reappointment of Ms. Hadiza Bala-Usman as Managing Director of the Nigerian Ports Authority (NPA) by President Muhammadu Buhari for a second and

Asian stocks scaled to record highs on Thursday as investors were hopeful the incoming Biden administration will be able to secure passage of a massive new stimulus package to cushion