Finance

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, …

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VFD Group Acquires Stake in Nigerian Exchange Group (NGX)

In alignment with its strategic vision of building Africa’s first diverse business ecosystem, industry-agnostic investment company, VFD Group Plc, has recently acquired a 5% stake in the Nigerian Exchange Group (NGX) – making VFD Group one of its majority shareholders.   The NGX Group Plc is a leading integrated market infrastructure in Africa, that services …

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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 ‘Best Investor Relations’ and as ‘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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