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Vitafoam profit soars past ₦13bn through Q3 2026
Vitafoam Nigeria posted a 45% jump in nine-month net profit, fueled by a dramatic reduction in borrowing costs that unlocked billions in earnings capacity.
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Vitafoam Nigeria posted a 45% jump in nine-month net profit, fueled by a dramatic reduction in borrowing costs that unlocked billions in earnings capacity.

BUA Foods delivered wider margins and a bigger bottom line in H1 2026, even as topline revenue fell by more than ₦147 billion.

Seplat is trimming its stake in the NNPC-SEPNU joint venture, freeing cash for a special dividend and quicker debt paydown across 2026.

Seplat Energy declared its highest quarterly dividend on record at 12 cents per share, raising fresh questions about what fueled the rare bonus and whether it can last.

Dangote Cement erased its entire net debt position and entered cash surplus territory within a single half-year reporting period.

Airtel Africa just printed a fresh all-time high on the Nigerian Exchange, and the numbers behind the rally suggest this telecom giant may only be warming up.

The CBN’s 2025 annual report shows autonomous inflows now account for nearly two-thirds of Nigeria’s foreign exchange supply, signaling a structural shift away from central bank-driven liquidity.

Nascon Allied Industries posted its strongest half-year earnings in recent memory, but the profit surge hides a growing tension buried in its balance sheet.

The Nigeria Tax Act reshaped self-employed tax obligations for sole proprietors, and the real cost depends on which structure you choose.
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