TOTAL Nigeria Plc, a multinational oil and gas company, has recorded a whopping 1,601% growth in net profit, from a loss of N537 million naira in the corresponding quarter of 2020 to N8.07 billion in the current period. In the same period, the company recorded an increase of 105.65% in gross profit, from N12.40 billion to N25.50 billion in the current period, despite the 33.44% increase in cost of sales. Why the impressive growth? Despite the losses recorded in the corresponding quarter of 2020, the company has been able to deliver this impressive result that can be attributed to economic recovery following the strong setback in 2020 during the heat of the pandemic, which saw economies and organizations experience recession and record major losses or zero to no profit, thanks to the abrupt interruption in economic activities.