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Fashion group Tapestry said Thursday that it was dropping its $8.5 billion bid for Capri, the owner of luxury brands including Michael Kors and Versace, following a successful legal challenge by US regulators. "Capri and Tapestry mutually agreed that terminating the merger agreement was in the best interests of both companies," Capri said in a statement.

The UK announced Thursday that it will introduce legislation to ban new coal mines, as the Labour government ramps up its plans to make Britain a clean energy leader. Energy minister Michael Shanks said in a statement that "consigning coal power to the past" would "pave the way for a clean, secure energy system that will protect billpayers and create a new generation of skilled workers".

The Nigerian National Petroleum Company (NNPC) Limited has made changes to its leadership position amid efforts to find solution to rising fuel prices.

The Nigerian Communications Commission (NCC) is trying to simplify the more than 369 existing telecomm tariff plans to help consumers make informed decisions.

A video making the rounds on social media has captured the joy of a staff member after enjoying free food at work. Netizens reacted massively to the clip.

The launch of the GETMEDCO Concierge health clinic has introduced a new era of healthcare designed around patient convenience and personalised service.

The federal government is set to commence the implementation of the local government autonomy after the Supreme Court judgment, the actual period emerged.

Six members of the People’s Democratic Party in Ondo State are undergoing medical treatment after an attack by suspected armed thugs in Idanre Local Government Area.

Comedian Untouchable has sparked reactions after he visited veteran actor, Chiwetalu Agu with gifts, money. He also promised to sponsor his leg treatment.
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