Vitafoam Nigeria Plc is benefiting significantly from a strategic reduction in its borrowings by over N7 billion, resulting in sharply lower finance expenses and stronger profit growth by the end of the third quarter, June 2026. The foam…

UMORU ABDULKADIR Vitafoam Nigeria has announced 126.51 per cent increase in the Group’s Profit After Tax (PAT) The foam manufacturing company announced this in its fourth quarter (Q4) 2019 Financial Statements filed…

Vitafoam Nigeria Plc has reported N159 million loss in nine months of 2016 amidst drop in revenue and hike in finance charges. The company in its unaudited financial statements for the period ended June 30, 2016 announced weak revenue…

Manufacturing inventories across sectors listed on the Nigerian Exchange Limited, NGX, reached about N1.77 trillion as companies entered the second quarter of 2026. Financial Vanguard findings show that combined inventories rose 10.6 per…

The Nigerian Exchange (NGX) closed Tuesday's trading session on a bearish note, with market capitalisation falling to N155.2 trillion after investors exchanged 535.53 million shares valued at N36.84 billion in 55,123 deals, reflecting mixed…

Vitafoam Nigeria Plc veered off course in the second quarter, as foreign exchange losses of N13 billion from foreign-denominated debts plunged the bottom line into the red. The company incurred a net loss of N7.6 billion in its second…

Vitafoam Nigeria Plc has reported a slight decline in after-tax profit to close the 2022 financial year at N4.5 billion. While the foam and fiber-based products manufacturers achieved an increase of about 11…

Vitafoam Nigeria Plc has announced N1.876 billion in Dividend Payout to its shareholders for the period ended 30th September 2021. The Household Durables company stated Thursday that a N1.50 per 50 kobo ordinary share from its…

The market capitalisation of Airtel Africa has again crashed on the floor of the Nigerian Stock market on Tuesday. The company saw its market capitalisation depreciate by N282.988 billion, representing a 10 per cent fall on the Nigerian…

Vitafoam Nigeria Plc on Wednesday recorded a 9.19 percent increase in the value of its share price, which jumped to N10.1. Kobo from N9.25 Kobo at the previous trading session. The household goods company saw its market capitalisation…