Banking

The VFD Group raises 12.5Bn and lists additional shares on the NGX

The VFD Group raises 12.5Bn and lists additional shares on the NGX Nigerian Exchange Limited (NGX), Friday, listed VFD Group Plc’s Rights Issue of 63,342,455 ordinary shares of 50 kobo each, valued at N197.33 per share, culminating in a total value of N12.499 billion. This strategic listing significantly bolsters VFD Group’s presence on the NGX, …

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VFD Group to pay out N8.51 per share as dividend for the year 2020

VFD Group Plc, a leading proprietary investment company in Lagos, has released its financial result for the year ended December 31, 2020, and reported its profit after tax grew by 170% to N3.3 billion. The result showed significant growth and resilience despite lingering uncertainties during the period under review. Major highlights of the impressive earning results include: …

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Double honours for VFD Group at BAFI 2020

Despite a difficult economic year around the world, Nigeria’s leading proprietary investment firm, VFD Group, has received medals for innovations and tenacity.    At the BusinessDay Banks and Other Financial Institutions’ (BAFI) Award, VFD Group received nods for â€˜Best Investor Relations’ and as â€˜Alternative Investment Manager’ of the year 2020 beating two other contenders in each category.    To this, the Group Managing Director and …

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