VFD Group Plc, in collaboration with Sterling One Foundation, will support this year’s Africa Social Impact Summit in Abuja from Wednesday, July 13 to Thursday, July 14, 2022, as part of its CSR objectives. The Summit, titled “Rethink, Rebuild, Recover: Accelerating Growth for the SDGs,” will provide an excellent opportunity for the Group to encourage …
VFD Group Scrip Issuance
VFD Group PLC’s Board of Directors and Management announced a one-for-two equity bonus to shareholders of record on May 13, 2022. This decision was announced alongside a proposed dividend payment of N10.79 for the year ended December 2021. By issuing these bonus shares, the NASD, the exchange the company is listed on, restated the share …
Investing in your wellbeing. Why?
The straightforward answer is… Is there anything else that matters if you’re not happy and at peace? You can have all the money in the world, the most beautiful house, and be loved by millions of people, but none of that matters if you don’t feel good on the inside. That’s because we don’t require …
VFD Group Plc Gets “A” Rating
The rating company, in a statement issued at the weekend and signed by its Client Service Manager, Mr Kehinde Rasheed, explained that the “A” rating indicates low risk, adding that the rating shows very good financial strength, operating performance and business profile when compared to the standard established by DataPro. “This company, in our opinion, …
Four industries you should invest in today
Despite the concerns with the Nigerian economy, there are a plethora of viable investment opportunities within the country that provides investors with a lifetime of wealth. In today’s edition of On the Blog, we will be spotlighting four industries savvy investors should be on the lookout for. Real Estate The real estate market in Nigeria …
VFD Group at a Glance: What, Who and Why
After over a decade of operations, some people still ask, “what is VFD Group?”. This question is being asked not for lack of impact but because in the last decade, our operations have been highly targeted at creating value by working within Nigeria’s informal financial sector and creating innovative products accessible to the everyday citizen …
Nonso Okpala Emerges Anambra’s ‘Most Inspiring Man’ Of The Year
The group managing director, VFD Group Plc, Nonso Okpala, was recently awarded the prestigious “Rising Star/Inspiring Man of the Year” Award at the recent Anambra Man of the Year Awards held at the glitzy Stanel Dome in Awka, Anambra State. The second annual award ceremony held on Thursday, January 6, 2021, and is the brainchild …
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The Guardian’s special focus on Most Impactful and Award-winning CEOs that contributed to Nigeria’s GDP growth in 2021 Part 1
It is no longer news that as a key regional player, Nigeria accounts for about half of West Africa’s population with approximately 202 million people and one of the largest in the world. With an abundance of natural resources, it is Africa’s biggest oil exporter, with the largest natural gas reserves on the continent. Nevertheless, …
‘Corporate governance is an enduring strategy for success in the corporate world’… GMD VFD Group Plc
From a seed capital of N2.5 million about 12 years ago and shares priced at N2.00 per share during the company’s initial capital raise, VFD Group is currently priced at N368 per share in the Nigerian capital market, with a market worth of N32 billion and investments in over 40 companies. Despite the tremendous growth …
VFD Group Plc welcomes new directors to its Board
The Board and Management of VFD Group Plc, a leading proprietary investment company, has announced the appointment of four new directors bringing the number of directors to 15. The new appointees are, Folajimi Adeleye, Executive Director, Finance; John Okonkwo, Executive Director, and Chief Operating Officer; Kelvin Orogun and Femi Akinware, both Non-Executive Directors. Speaking on …
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