VFD Group posts twofold jump in half-year profit amid higher investment income

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.

The Big Oil giants are taking home near-record profits from high oil and fuel prices worldwide.

Valero Energy Thursday reported its highest quarterly profit since Russia’s invasion of Ukraine in 2022 and beat Wall Street expectations, as oil market disruptions in the Middle East increased demand for U.S. fuel exports and sent its refining margins soaring.

The health company now expects full-year adjusted earnings of at least $30.45 per share, up 10 cents from its prior outlook

ICE to buy MarketAxess in $5.7 billion deal, posts higher quarterly profit  Reuters

Chilean copper miner Sociedad Punta del Cobre (Pucobre) reported a 79% surge in first-half net profit to US$100.7 million, as record global copper prices lifted revenue sharply even though EBITDA declined and the company booked hedging losses.

The banking group unveiled the new four-year strategy which will come into effect from 2027.

The banking group unveiled the new four-year strategy which will come into effect from 2027.

The banking group unveiled the new four-year strategy which will come into effect from 2027.

TOKYO, July 30 : Japan's Mizuho Financial Group reported a 45 per cent rise in first-quarter profit on Thursday, a sign that loan demand has stayed strong despite volatile global energy markets and supply chain disruptions caused by war in the Middle East.Japan's third-largest banking group also raised its annual profi

BRITAIN'S second-best car brand has revealed plans to axe 8,000 jobs. BMW said today that it will cut several thousand jobs in Germany by the end of 2027 as part of a voluntary redundancy programme. The Munich-based group currently employs about 150,000 people worldwide. It comes as chief executive Milan Nedeljkovic to