Nedbank First-Half Profit Edges Higher

Nedbank Group chief executive Jason Quinn joined Bloomberg's Daybreak Europe from Johannesburg to discuss the bank’s latest earnings and economic outlook. He explained that while diluted headline earnings per share rose only 2%, underlying growth was closer to 15% once the Echo Bank disposal is excluded, supported by 3

VFD Group Plc reports a 100.8% increase in profit after tax to N10.06bn in H1 2026, driven by strong investment gains and strategic capital allocation.

Revenue advanced to N53.7 billion from N41.2 billion a year ago, deriving strength largely from investment income, which was up by 102.8 per cent.