VFD Group, a proprietary investment company with interest in banking, asset management, real estate and foreign exchange, grew its profit before tax (PBT) by 175 per cent last year, from N1.48 billion reported in 2019 to N4.08 billion in 2020.
VFD Group Plc, a proprietary investment company, has released its financial result for the year ended December 31, 2020, reporting 170 per cent growth in profit after tax (PAT), which stood at N3.3 billion.
The Executive Director, Institutional Business and Investor Relations, at VFD Group, Niyi Adenubi recently sat for a chat with Chinasa Ken-Ugwuh on her radio show called Social Conscious with ‘Nasa hosted on Africa Business Radio. The focus was on the 21st century capitalists’ dilemma: Social Impact or Profitable Value Creation. The conversation also featured ex-Diamond…
21 Nov 2020
Financial and investment bouquet services company VFD Group Plc, has been nominated in two categories in the forthcoming BusinessDay Banks’ And Other Financial Institutions (BAFI) Award. Incorporated eleven years ago, VFD Group holds businesses in financial advisory, real estate, asset management, currency exchange, debt services, international settlement and remittances, among others, and is nominated in…
14 Jan 2019
VFD Group, a financial services firm, said it has sold its stake in NEM Insurance after talks with the board of the insurance firm about its vision broke down. The tradeoff saw VFD selling a combined block of one billion, six hundred million ordinary shares of the insurance firm, representing 30 percent of the issued…
14 Jan 2019
As part of its goals to establish its presence in every key sector of the financial services industry, which is in line with its plans of converting to a Public Limited Liability Company...
13 Dec 2018
To expand its business and capital, shareholders of VFD Group, has approved to raise N7billion through equity and debt conversion of the Group to a public liability company (VFD Group Plc).
1 Mar 2018
VFD Group raised N525 million in one week, exceeding the target of its Debt Note product, representing a 175 per cent subscription, in an offer designed to raise N300 million, which closed since February.