VFD Group's Half-Year Profit Doubles to N12bn

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VFD Group's Half-Year Profit Doubles to N12bn

LAGOS — VFD Group reported profit before tax of N12 billion for the first half of 2026, up 98.4 per cent from a year earlier, as investment income more than doubled. Revenue rose to N53.7 billion from N41.2 billion, and profit after tax increased to N10.1 billion from N5 billion. The company declared an interim dividend of N0.24 per share. Managing Director Nonso Okpala said profit grew more than three times faster than revenue.

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