Samuel Nwite
AUTHOR: Samuel Nwite
Goldman Sachs Upgrades India to ‘Overweight,’ Citing Earnings Revival and Policy Support
Global investment bank Goldman Sachs has upgraded India’s equity market outlook to “overweight” from “neutral,” reversing its October 2024 downgrade.
The firm cited a sharp...
NDIC Strengthens Legal Powers to Prosecute Bank Failure Culprits, Expedite Liquidation of Failed Banks
The Nigeria Deposit Insurance Corporation (NDIC) says it has significantly fortified its legal and regulatory framework to improve the liquidation of failed banks and...
Vodacom’s Half-Year Profit Surges 33% as African Operations Offset South African Weakness
South African mobile telecoms operator Vodacom Group Ltd. reported a strong first-half performance on Monday, posting a nearly 33 percent jump in headline earnings...
‘Drastic Dave’ Returns, Former Tesco Boss Dave Lewis Named New CEO to Revive Diageo’s...
Diageo, the world’s largest spirits company, has appointed former Tesco chief executive Dave Lewis as its new CEO, ending months of speculation over who...
Lenskart Shares Make Weak Market Debut Despite Oversubscribed $828 Million IPO
Shares of SoftBank-backed eyewear retailer Lenskart Solutions Ltd opened to a lackluster debut on India’s stock exchanges Monday, falling as much as 11 percent...