NIGERIA: Vitafoam Nigeria PLC released its full year Audited Financial Statements for the year ended September 30, 2025 some days ago after the close of trading last week, and it has got investors talking. What Does Vitafoam Do?   Vitafoam Nigeria PLC is Nigeria's foremost manufacturer of flexible, reconstituted, and rigid foam products, with the largest foam manufacturing and distribution network in the country, ensuring efficient and just-in-time delivery of high quality products across Nigeria and West Africa sub-region. It operates manufacturing facilities in Aba, Ikeja, Jos, and Kano, supported by an extensive network of distributors, comfort centers, and retail outlets nationwide. Key Highlights of Vitafoam's 2025 Audited Result From the audited results, Revenue grew by 35% from previous year to close at  ₦ 111bn, as Profit before tax increased by 1,775% to close at  ₦ 21bn and Profit after tax increased by 1,427% to close at  ₦ 14.5bn. Earnings per share close...

Small businesses are the drivers of any economy. In our opinion they are the mainstay of capitalism / societal economic development, creating wealth while closing the employment gap in the society. However, as much as a great number of small businesses exist in the developing world, a huge percentage of them barely succeed owing to several inhibitors. And even when some of them succeed, they barely grow beyond mum and pop level mainly because of omission of some “common sense” secrets that are not necessarily taught in schools but one has to pick up along the way. It is for this reason and more that we will be sharing some nuggets to help small businesses not just to survive but to thrive and attain their full potential. Let's talk about Cash in this article.  As a small business owner, you probably would have heard the phrase "Cash is king" enough to the extent that it now bores you. But you see that short three-worded sentence? It is a life saver. CASH IS KING. It is li...

Access Holdings PLC has released an explanatory note to their Shareholders on the resolutions to be considered at their Extraordinary Meeting scheduled to hold on December 18, 2025, where they would be considering raising additional capital through Private Placement of 1.975 billion ordinary shares at ₦20.25 per share. In a recent article we had outlined this plan as announced by the company, and concerns expressed by shareholders regarding the exercise, especially as   Access Holdings was one of the first commercial banks to meet up with the new minimum Capital base requirement of ₦500 billion set by the CBN ahead of the 2026 deadline through a rights issue done between July and August 2024, where they raised over ₦350 billion with the offer priced at ₦19.75 per share, which took up their shares outstanding to over 53 billion shares.  The Notice of Extraordinary General Meeting which was published on the NGX on the 27th of November, 2025 outlined that the company w...