Vitafoam Nigeria Plc, a manufacturer and distributor of mattresses and other beddings, recorded an 89 percent decline in after-tax profit to N952.2 million for the nine months period ended September 30, 2024.
However, the firm saw a 56 percent increase in revenue to N82.6 billion in the nine mont
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Folake Balogun
Folake Balogun is a tech journalist covering Africa’s fast-growing digital economy with a strong focus on incisive analysis of startup trends, venture capital, and fintech innovation, while also exploring emerging technologies such as artificial intelligence and the future of connectivity by highlighting their economic and social impact.
