VITAFOAM NIGERIA PLC
VITAFOAM 97.80 NGN 3.10 ( 3.17 %)
Open
94.70
High
97.80
Low
95.00
Close
97.80
Year High
94.90
Year Low
23.50
Volumn
1,843,092
Value
177,177,504.00
Company News
Vitafoam marks 60 years of celebrating babies on New Year
Thu, 08 Jan 2026 22:22:07 GMT — MSN
Vitafoam marks 60 years of celebrating babies on New Year MSN read more
Vitafoam Nigeria (VITAFO.ng) 2025 Abridged Report
Thu, 30 Oct 2025 07:00:00 GMT — AfricanFinancials
Vitafoam Nigeria (VITAFO.ng) 2025 Abridged Report AfricanFinancials read more
Vitafoam’s first baby initiative hits 60-year milestone
Fri, 02 Jan 2026 08:00:00 GMT — Businessday NG
Vitafoam’s first baby initiative hits 60-year milestone Businessday NG read more
With 129.6% Gain, NGX Consumer Goods Emerges Best Performing Index in 2025
Mon, 12 Jan 2026 03:46:18 GMT — THISDAYLIVE
With 129.6% Gain, NGX Consumer Goods Emerges Best Performing Index in 2025 THISDAYLIVE read more
Vitafoam in strong rebound with 1,407% net profit growth
Mon, 03 Nov 2025 08:00:00 GMT — The Nation Newspaper
Vitafoam in strong rebound with 1,407% net profit growth The Nation Newspaper read more
Vitafoam Nigeria’s pre-tax profit jumps 1,775% to N21.5 billion in FY 2025
Sat, 27 Dec 2025 08:00:00 GMT — Nairametrics
Vitafoam Nigeria’s pre-tax profit jumps 1,775% to N21.5 billion in FY 2025 Nairametrics read more
Vitafoam Donates Beds, Mattresses To College Of Nursing
Mon, 12 Jan 2026 00:45:25 GMT — leadership.ng
Vitafoam Donates Beds, Mattresses To College Of Nursing leadership.ng read more
Experts harp on postnatal recovery, newborn wellbeing
Thu, 08 Jan 2026 03:58:00 GMT — The Guardian Nigeria News
Experts harp on postnatal recovery, newborn wellbeing The Guardian Nigeria News read more
Vitafoam Posts N14.5bn Profit Surge in Financial Year 2025
Tue, 30 Dec 2025 08:00:00 GMT — Punch Newspapers
Vitafoam Posts N14.5bn Profit Surge in Financial Year 2025 Punch Newspapers read more
Vitafoam Nigeria Plc Reports Earnings Results for the Third Quarter and Nine Months Ended June 30, 2025
Mon, 28 Jul 2025 07:00:00 GMT — marketscreener.com
Vitafoam Nigeria Plc Reports Earnings Results for the Third Quarter and Nine Months Ended June 30, 2025 marketscreener.com read more
Vitafoam Nigeria (VITAFO.ng) 2025 Annual Report
Mon, 05 Jan 2026 11:59:33 GMT — AfricanFinancials
Vitafoam Nigeria (VITAFO.ng) 2025 Annual Report AfricanFinancials read more
Vitafoam’s pre-tax profit surges 1,751%
Fri, 31 Oct 2025 07:00:00 GMT — Businessday NG
Vitafoam’s pre-tax profit surges 1,751% Businessday NG read more
Vitafoam posts N14.5bn profit surge
Wed, 31 Dec 2025 21:50:23 GMT — MSN
Vitafoam posts N14.5bn profit surge MSN read more
Vitafoam sustains 60-years ‘First Baby’ tradition
Mon, 05 Jan 2026 06:38:48 GMT — The Nation Newspaper
Vitafoam sustains 60-years ‘First Baby’ tradition The Nation Newspaper read more
Vitafoam Nigeria : NIG PLC.-OUTCOME OF BOARD MEETING
Mon, 22 Dec 2025 08:00:00 GMT — marketscreener.com
Vitafoam Nigeria : NIG PLC.-OUTCOME OF BOARD MEETING marketscreener.com read more
Vitafoam Nigeria (VITAFO.ng) Q32025 Interim Report
Mon, 28 Jul 2025 07:00:00 GMT — AfricanFinancials
Vitafoam Nigeria (VITAFO.ng) Q32025 Interim Report AfricanFinancials read more
Vitafoam announces 1-for-5 Bonus Issue, N3 dividend ahead of AGM
Sat, 27 Dec 2025 08:00:00 GMT — Nairametrics
Vitafoam announces 1-for-5 Bonus Issue, N3 dividend ahead of AGM Nairametrics read more
Top 10 Nigerian Stocks That Moved the Market in 2025
Wed, 24 Dec 2025 08:00:00 GMT — Zikoko!
Top 10 Nigerian Stocks That Moved the Market in 2025 Zikoko! read more
Vitafoam Nigeria Plc: Time To Be CautiousDespite Progressive Quarterly Growth
Mon, 20 Oct 2025 07:00:00 GMT — Independent Newspaper Nigeria
Vitafoam Nigeria Plc: Time To Be CautiousDespite Progressive Quarterly Growth Independent Newspaper Nigeria read more
Vitafoam Nigeria Plc: Annual General Meeting
Thu, 25 Sep 2025 20:45:56 GMT — Proshare
Vitafoam Nigeria Plc: Annual General Meeting Proshare read more
Vitafoam Nigeria Plc Reports ₦9.37 Billion Profit in 9 Months 2025, Reverses ₦2.88 Billion Loss in 2024
Mon, 28 Jul 2025 07:00:00 GMT — Investors King
Vitafoam Nigeria Plc Reports ₦9.37 Billion Profit in 9 Months 2025, Reverses ₦2.88 Billion Loss in 2024 Investors King read more
Vitafoam launches “sleep good, start right” campaign to amplify strategy for great sleep
Thu, 08 May 2025 07:00:00 GMT — Vanguard News
Vitafoam launches “sleep good, start right” campaign to amplify strategy for great sleep Vanguard News read more
Vitafoam’s Subsidiary, Donates Prefabricated Building to UNILAG
Thu, 07 Aug 2025 07:00:00 GMT — THISDAYLIVE
Vitafoam’s Subsidiary, Donates Prefabricated Building to UNILAG THISDAYLIVE read more
Minister Unveils Vitapur's Eco-Friendly Innovation Hub in La
Thu, 04 Sep 2025 07:00:00 GMT — Punch Newspapers
Minister Unveils Vitapur's Eco-Friendly Innovation Hub in La Punch Newspapers read more
Shareholders approve Vitafoam Nigeria’s N1.31b dividend
Mon, 10 Mar 2025 07:00:00 GMT — The Nation Newspaper
Shareholders approve Vitafoam Nigeria’s N1.31b dividend The Nation Newspaper read more
Amidst Demand, Consumer Goods Index Emerges Best Performing Indicator on NGX
Mon, 01 Sep 2025 07:00:00 GMT — THISDAYLIVE
Amidst Demand, Consumer Goods Index Emerges Best Performing Indicator on NGX THISDAYLIVE read more
Vitafoam Nigeria Shareholders Approve N1.31bn Dividend
Sun, 09 Mar 2025 08:00:00 GMT — The Whistler Newspaper
Vitafoam Nigeria Shareholders Approve N1.31bn Dividend The Whistler Newspaper read more
CSR Initiative: Vitafoam upgrades Unilag’s academic infrastructure
Mon, 07 Jul 2025 07:00:00 GMT — Businessday NG
CSR Initiative: Vitafoam upgrades Unilag’s academic infrastructure Businessday NG read more
Vitafoam Nigeria (VITAFO.ng) 2024 Annual Report
Tue, 24 Dec 2024 08:00:00 GMT — AfricanFinancials
Vitafoam Nigeria (VITAFO.ng) 2024 Annual Report AfricanFinancials read more
Top 10 Nigerian Stocks With The Biggest Gains in October 2025
Mon, 10 Nov 2025 08:00:00 GMT — Zikoko!
Top 10 Nigerian Stocks With The Biggest Gains in October 2025 Zikoko! read more
Vitafoam defies economic headwinds, records 100% increase in PBT to N4.46 bn
Mon, 10 Feb 2025 08:00:00 GMT — Vanguard News
Vitafoam defies economic headwinds, records 100% increase in PBT to N4.46 bn Vanguard News read more
List of FMCG stocks that have generated over 100% return in 2025
Mon, 15 Sep 2025 07:00:00 GMT — Nairametrics
List of FMCG stocks that have generated over 100% return in 2025 Nairametrics read more
Vitafoam revamps UNILAG laboratory
Mon, 07 Jul 2025 07:00:00 GMT — Punch Newspapers
Vitafoam revamps UNILAG laboratory Punch Newspapers read more
CSR initiative: Vitafoam upgrades Unilag’s laboratory
Wed, 02 Jul 2025 07:00:00 GMT — Vanguard News
CSR initiative: Vitafoam upgrades Unilag’s laboratory Vanguard News read more
Vitafoam doubles profit
Mon, 03 Feb 2025 08:00:00 GMT — The Nation Newspaper
Vitafoam doubles profit The Nation Newspaper read more
Top 10 best-performing Nigerian stocks in October 2025
Mon, 03 Nov 2025 08:00:00 GMT — Nairametrics
Top 10 best-performing Nigerian stocks in October 2025 Nairametrics read more
Vitafoam Shareholders Approve N1.31bn Dividend
Sat, 08 Mar 2025 06:31:50 GMT — leadership.ng
Vitafoam Shareholders Approve N1.31bn Dividend leadership.ng read more
Shareholders laud Vitafoam for overcoming challenges,declaring N1.31bn dividend
Fri, 07 Mar 2025 08:00:00 GMT — Vanguard News
Shareholders laud Vitafoam for overcoming challenges,declaring N1.31bn dividend Vanguard News read more
ICreate Club, Vitafoam host 2025 inter-school competition, inspiring creativity, innovation
Sun, 13 Jul 2025 07:00:00 GMT — Vanguard News
ICreate Club, Vitafoam host 2025 inter-school competition, inspiring creativity, innovation Vanguard News read more
Five highlights from Vitafoam’s nine-month financials
Fri, 27 Dec 2024 08:00:00 GMT — Businessday NG
Five highlights from Vitafoam’s nine-month financials Businessday NG read more
Vitafoam Nigeria Plc Audited Financial Statements for the Period Ended September 30th, 2024
Mon, 30 Dec 2024 11:45:51 GMT — Proshare
Vitafoam Nigeria Plc Audited Financial Statements for the Period Ended September 30th, 2024 Proshare read more
Environment Minister Inaugurates Vitapur’s Eco-friendly Innovation Hub
Fri, 05 Sep 2025 07:00:00 GMT — THISDAYLIVE
Environment Minister Inaugurates Vitapur’s Eco-friendly Innovation Hub THISDAYLIVE read more
Vitafoam defies economic headwinds, announces impressive interim results
Mon, 03 Feb 2025 08:00:00 GMT — Tribune Online
Vitafoam defies economic headwinds, announces impressive interim results Tribune Online read more
Vitafoam Nigeria Plc Declares N4.52bn PAT in 2022 Audited Results; Proposes N1.52k Final Dividend (SP: N21.95k)
Tue, 14 Jan 2025 10:11:24 GMT — Proshare
Vitafoam Nigeria Plc Declares N4.52bn PAT in 2022 Audited Results; Proposes N1.52k Final Dividend (SP: N21.95k) Proshare read more
Vitafoam Increases Dividend Payout Amid 2.2% Drop in Net Profit |
Thu, 29 Dec 2022 08:00:00 GMT — Business Post Nigeria
Vitafoam Increases Dividend Payout Amid 2.2% Drop in Net Profit | Business Post Nigeria read more
Vitafoam to Pay N1. 375bn Dividend as Net Asset Hits N25bn
Wed, 25 Dec 2024 08:00:00 GMT — THISDAYLIVE
Vitafoam to Pay N1. 375bn Dividend as Net Asset Hits N25bn THISDAYLIVE read more
Vitafoam Nigeria (VITAFO.ng) HY2024 Interim Report
Tue, 30 Apr 2024 07:00:00 GMT — AfricanFinancials
Vitafoam Nigeria (VITAFO.ng) HY2024 Interim Report AfricanFinancials read more
Vitafoam Nigeria (VITAFO.ng) 2023 Abridged Report
Thu, 28 Dec 2023 08:00:00 GMT — AfricanFinancials
Vitafoam Nigeria (VITAFO.ng) 2023 Abridged Report AfricanFinancials read more
Mattress maker, Vitafoam, reports first loss in eight years
Tue, 01 Oct 2024 07:00:00 GMT — Businessday NG
Mattress maker, Vitafoam, reports first loss in eight years Businessday NG read more
Vitafoam to pay N1.375bn dividend as net asset hits N25bn
Tue, 31 Dec 2024 08:00:00 GMT — Vanguard News
Vitafoam to pay N1.375bn dividend as net asset hits N25bn Vanguard News read more
Vitafoam Nigeria (VITAFO.ng) Q42023 Interim Report
Tue, 12 Dec 2023 08:00:00 GMT — AfricanFinancials
Vitafoam Nigeria (VITAFO.ng) Q42023 Interim Report AfricanFinancials read more
Vitafoam as a metaphor for corporate foresight
Mon, 31 Jul 2023 07:00:00 GMT — Businessday NG
Vitafoam as a metaphor for corporate foresight Businessday NG read more
VITAFOAM Announces the Retirement of Mr. Sam Okagbue As Non-Executive Director
Sat, 18 Jan 2025 10:53:29 GMT — Proshare
VITAFOAM Announces the Retirement of Mr. Sam Okagbue As Non-Executive Director Proshare read more
Vitafoam proposes N1.375bn dividend as gross profit hits N30bn
Wed, 25 Dec 2024 08:00:00 GMT — Punch Newspapers
Vitafoam proposes N1.375bn dividend as gross profit hits N30bn Punch Newspapers read more
Vitafoam targets N1.375bn dividend payout
Tue, 24 Dec 2024 08:00:00 GMT — Businessday NG
Vitafoam targets N1.375bn dividend payout Businessday NG read more
Vitafoam Grows Pre-tax Profit To N4.47bn In Q1
Mon, 03 Feb 2025 08:01:49 GMT — leadership.ng
Vitafoam Grows Pre-tax Profit To N4.47bn In Q1 leadership.ng read more
Vitafoam Nigeria Plc appoints Meristem Registrars Limited
Thu, 05 Dec 2024 22:56:22 GMT — Proshare
Vitafoam Nigeria Plc appoints Meristem Registrars Limited Proshare read more
Rising FX cost impacts Vitafoam profit despite 56% rise in Q3 revenue
Thu, 31 Oct 2024 07:00:00 GMT — Businessday NG
Rising FX cost impacts Vitafoam profit despite 56% rise in Q3 revenue Businessday NG read more
Nigeria: Vitafoam shareholders approve N1.9 billion dividend payout
Sat, 04 Mar 2023 08:00:00 GMT — african markets
Nigeria: Vitafoam shareholders approve N1.9 billion dividend payout african markets read more
Vitafoam Nigeria Plc.’s Shareholders Approve N979.41 Billion Dividend
Thu, 04 Mar 2021 08:00:00 GMT — MarketForces Africa
Vitafoam Nigeria Plc.’s Shareholders Approve N979.41 Billion Dividend MarketForces Africa read more
Vitafoam Nigeria (VITAFO.ng) Q32023 Interim Report
Fri, 28 Jul 2023 07:00:00 GMT — AfricanFinancials
Vitafoam Nigeria (VITAFO.ng) Q32023 Interim Report AfricanFinancials read more
Vitafoam Nigeria (VITAFO.ng) 2022 Abridged Report
Wed, 09 Nov 2022 08:00:00 GMT — AfricanFinancials
Vitafoam Nigeria (VITAFO.ng) 2022 Abridged Report AfricanFinancials read more
Vitafoam grows revenue to N82.58bn
Thu, 31 Oct 2024 07:00:00 GMT — Punch Newspapers
Vitafoam grows revenue to N82.58bn Punch Newspapers read more
Vitafoam Nigeria Plc Declares N4.37bn PAT in FY 2023 Audited Results; Proposes N1.56k Final Dividend,(SP:N25.50k)
Mon, 04 Mar 2024 13:41:43 GMT — Proshare
Vitafoam Nigeria Plc Declares N4.37bn PAT in FY 2023 Audited Results; Proposes N1.56k Final Dividend,(SP:N25.50k) Proshare read more
Vitafoam Nigeria Plc to Hold Board Meeting on 15th December, 2022
Thu, 06 Oct 2022 08:45:34 GMT — Proshare
Vitafoam Nigeria Plc to Hold Board Meeting on 15th December, 2022 Proshare read more
Investors dump Vitafoam as Vono Market CAP surges by 167% in 19days
Thu, 05 Dec 2024 21:23:42 GMT — Proshare
Investors dump Vitafoam as Vono Market CAP surges by 167% in 19days Proshare read more
Nigeria runs major risk in AfCFTA, says Vitafoam CEO
Thu, 03 Feb 2022 08:00:00 GMT — Businessday NG
Nigeria runs major risk in AfCFTA, says Vitafoam CEO Businessday NG read more
Vitafoam’s profit wilts on high operating expense
Tue, 30 May 2023 07:00:00 GMT — Businessday NG
Vitafoam’s profit wilts on high operating expense Businessday NG read more
Vitafoam Nigeria Plc Appoints Mr Zakari Mohammed Sada as Non-Executive Director
Fri, 12 Jul 2024 03:41:30 GMT — Proshare
Vitafoam Nigeria Plc Appoints Mr Zakari Mohammed Sada as Non-Executive Director Proshare read more
VITAFOAM Nigeria Plc 9M 2022 Result: Mounting Debt Spooks Rising Profitability
Tue, 08 Nov 2022 14:38:20 GMT — Proshare
VITAFOAM Nigeria Plc 9M 2022 Result: Mounting Debt Spooks Rising Profitability Proshare read more
Vitafoam grows turnover by 56% to N82.6 billion
Fri, 01 Nov 2024 07:00:00 GMT — The Nation Newspaper
Vitafoam grows turnover by 56% to N82.6 billion The Nation Newspaper read more
Vitafoam is still undervalued, say analysts
Mon, 28 Jun 2021 07:00:00 GMT — The Nation Newspaper
Vitafoam is still undervalued, say analysts The Nation Newspaper read more
Vitafoam Reiterates Commitment to Mother, Childcare
Thu, 02 Jan 2025 08:00:00 GMT — THISDAYLIVE
Vitafoam Reiterates Commitment to Mother, Childcare THISDAYLIVE read more
Vitafoam donates four blocks of classrooms to Borno govt
Sun, 29 Oct 2023 07:00:00 GMT — Businessday NG
Vitafoam donates four blocks of classrooms to Borno govt Businessday NG read more
Vitafoam proposes N1.9bn dividend payout as earnings grow
Tue, 02 Jan 2024 08:00:00 GMT — Businessday NG
Vitafoam proposes N1.9bn dividend payout as earnings grow Businessday NG read more
Shareholders applaud Vitafoam for positive rate of return
Fri, 08 Mar 2024 08:00:00 GMT — Businessday NG
Shareholders applaud Vitafoam for positive rate of return Businessday NG read more
NAS, Vitafoam collaborate to promote science media
Mon, 16 Jul 2018 07:00:00 GMT — EnviroNews Nigeria
NAS, Vitafoam collaborate to promote science media EnviroNews Nigeria read more
Vitafoam rewards customer at digital gamification forum
Tue, 07 Jun 2022 07:00:00 GMT — Businessday NG
Vitafoam rewards customer at digital gamification forum Businessday NG read more
Adeniyi: At 60, Our Business Has Delivered The Dream of Vitafoam Beyond Mattresses
Wed, 17 Aug 2022 07:00:00 GMT — THISDAYLIVE
Adeniyi: At 60, Our Business Has Delivered The Dream of Vitafoam Beyond Mattresses THISDAYLIVE read more
Company Focus: Vitafoam Nigeria Plc., providing comfort to Nigerians
Sat, 09 Jul 2022 07:00:00 GMT — Nairametrics
Company Focus: Vitafoam Nigeria Plc., providing comfort to Nigerians Nairametrics read more
Vitafoam promotes workers safety
Fri, 05 May 2023 07:00:00 GMT — Punch Newspapers
Vitafoam promotes workers safety Punch Newspapers read more
Vitafoam Nigeria Plc Notifies on the Demise of Mr. Abbagana Muhammed Abatcha
Tue, 18 Oct 2022 01:40:33 GMT — Proshare
Vitafoam Nigeria Plc Notifies on the Demise of Mr. Abbagana Muhammed Abatcha Proshare read more
Vitafoam’s Revenue Up 56%, Assures Investors of Long-term Potentials
Thu, 31 Oct 2024 07:00:00 GMT — THISDAYLIVE
Vitafoam’s Revenue Up 56%, Assures Investors of Long-term Potentials THISDAYLIVE read more
Shareholders applaud Vitafoam for positive rate of return
Fri, 15 Mar 2024 07:00:00 GMT — Vanguard News
Shareholders applaud Vitafoam for positive rate of return Vanguard News read more
Vitafoam implements FG’s regulation, cancels 1.14bn ordinary shares
Wed, 16 Nov 2022 08:00:00 GMT — Businessday NG
Vitafoam implements FG’s regulation, cancels 1.14bn ordinary shares Businessday NG read more
Vitafoam Celebrates First Baby of 2024 with Multiple Gifts
Fri, 05 Jan 2024 08:00:00 GMT — PressReader
Vitafoam Celebrates First Baby of 2024 with Multiple Gifts PressReader read more
Vitafoam Nigeria Shareholders Approve Dividend, Bonus Shares |
Tue, 15 Oct 2019 19:55:04 GMT — Business Post Nigeria
Vitafoam Nigeria Shareholders Approve Dividend, Bonus Shares | Business Post Nigeria read more
Vitafoam’s revenue surges, but profits buckle under FX and finance cost pressures
Wed, 25 Dec 2024 08:00:00 GMT — Nairametrics
Vitafoam’s revenue surges, but profits buckle under FX and finance cost pressures Nairametrics read more
Vitafoam Nigeria Plc FY 2021 revenue up 51% to N35.4 billion
Thu, 30 Dec 2021 08:00:00 GMT — AfricanFinancials
Vitafoam Nigeria Plc FY 2021 revenue up 51% to N35.4 billion AfricanFinancials read more
Experts endorse Vitafoam’s products as firm rewards customers at ‘Vitafoam Valentine’ experience
Sun, 20 Feb 2022 08:00:00 GMT — Businessday NG
Experts endorse Vitafoam’s products as firm rewards customers at ‘Vitafoam Valentine’ experience Businessday NG read more
Vitafoam Nigeria – Resolutions passed at the 60th AGM held on the 3rd of March 2022
Tue, 08 Mar 2022 08:00:00 GMT — AfricanFinancials
Vitafoam Nigeria – Resolutions passed at the 60th AGM held on the 3rd of March 2022 AfricanFinancials read more
Vitafoam records N52bn revenue, highest in five years
Mon, 01 Jan 2024 08:00:00 GMT — Punch Newspapers
Vitafoam records N52bn revenue, highest in five years Punch Newspapers read more
Vitafoam chairman retires, shareholders earn N1.9 billion dividend
Thu, 02 Mar 2023 08:00:00 GMT — Premium Times Nigeria
Vitafoam chairman retires, shareholders earn N1.9 billion dividend Premium Times Nigeria read more
‘Multiple products, innovation driving our growth’
Fri, 26 Nov 2021 08:00:00 GMT — The Nation Newspaper
‘Multiple products, innovation driving our growth’ The Nation Newspaper read more
Vitafoam Nigeria increases dividends by 127% to N2.22b
Wed, 05 Jan 2022 08:00:00 GMT — The Nation Newspaper
Vitafoam Nigeria increases dividends by 127% to N2.22b The Nation Newspaper read more
Vitafoam may be ready for a rebound
Mon, 28 Jan 2019 08:00:00 GMT — Businessday NG
Vitafoam may be ready for a rebound Businessday NG read more
Vitafoam’s sales rise fails to boost net income …as PAT down 26.75 percent
Fri, 09 Oct 2015 07:00:00 GMT — Businessday NG
Vitafoam’s sales rise fails to boost net income …as PAT down 26.75 percent Businessday NG read more
Floating naira will show the real value – Adeniyi
Sun, 31 Jan 2021 08:00:00 GMT — Punch Newspapers
Floating naira will show the real value – Adeniyi Punch Newspapers read more
Vitafoam shareholders approve N1.95 billion dividend
Fri, 08 Mar 2024 08:00:00 GMT — Nairametrics
Vitafoam shareholders approve N1.95 billion dividend Nairametrics read more
Vitafoam’s subsidiary set to boost revenue with new product
Wed, 16 Dec 2020 08:00:00 GMT — Vanguard News
Vitafoam’s subsidiary set to boost revenue with new product Vanguard News read more