VFD Group PLC
NNSENG:VFDGROUP13.00
NGN
+0.45
(+3.59%)
ISIN
NGVFDGROUP04
Return %
Stock
S&P 500
1Y
20.37
14.20
3Y
61.18
81.12
5Y
- -
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Nonso Okpala
- Full Time Employees
- 743
- Sector
- Finance
- Industry
- Investment managers
- Address
- Lagos Nigeria
- IPO Date
- Oct 6, 2023
- Website
- vfdgroup.com
- Similar Companies
- Business
- VFD Group PLC is a proprietary investment company and financial services conglomerate that builds, finances, and scales businesses across diverse economic sectors in Africa and select international markets. Founded in 2009 and headquartered in Lagos, Nigeria, the company operates through an integrated ecosystem spanning banking, asset management, investment banking, real estate, technology, hospitality, and energy. VFD Group offers a broad suite of financial and proprietary products and services, including digital retail banking, savings accounts, and mobile payment solutions through its flagship VBank digital application; microfinance banking, consumer credit, MSME working capital loans, and term deposits via VFD Microfinance Bank Limited; wealth management, portfolio advisory, collective investment schemes, and mutual funds through Anchoria Asset Management Limited; equities trading, securities brokerage, and fixed-income execution through Anchoria Investment and Securities Limited; corporate finance, mergers and acquisitions advisory, capital raising, and structured debt solutions through Kairos Capital Limited; residential and commercial property development, real estate investment, and facility management via Dynasty Real Estate; foreign exchange brokerage, currency exchange, and remittance services through Everdon Bureau De Change; and structured asset leasing, fleet financing, and consumer hire-purchase solutions via Atiat Limited. The company serves retail consumers, high-net-worth individuals, small and medium enterprises, and institutional clients across Nigeria, with growing commercial exposure in West Africa and the United Kingdom. In recent corporate developments, VFD Group completed a milestone listing of its ordinary shares on the Main Board of the Nigerian Exchange (NGX) in October 2023, following a migration from the NASD OTC Securities Exchange to enhance liquidity and expand institutional shareholder reach; initiated substantial capital-raising exercises including rights issues and commercial paper issuances to accelerate balance sheet growth and cross-border expansion; established strategic technology and payments partnerships to scale its digital ecosystem; and advanced strategic equity investments across non-banking sectors including logistics, energy, and media to drive long-term portfolio diversification.