VFD Group Wins Equity Listing of The Year at NGX Made of Africa Awards 2023

L- R: Managing Director/CEO, Central Securities Clearing System (CSCS) Plc, Haruna Jalo-Waziri; Group Managing Director, VFD Group Plc, Nonso Okpala; Chief Executive Officer, Nigerian Exchange Limited (NGX), Temi Popoola; Executive Director, Capital Markets, NGX, Jude Chiemeka; Chief Executive Officer, CardinalStone Securities Limited, Elile Olutimayin; Debt Management Office (DMO), Nigeria, Chima Edomobi, Chief Finance Officer, MTN Nigeria, Modupe Kadri; Managing Director, Pilot Securities Limited, Oluseyi Osunkeye; and Group Managing Director, Cordros Capital Limited, Wale Agbeyangi during the 2023 NGX Made of Africa Awards at the Exchange in Lagos.

In a momentous triumph, VFD Group has been crowned the Listed Company of the Year at the NGX Made of Africa Awards 2023, underscoring its exceptional impact on the stock market landscape. The awards ceremony, held on December 20th, 2023, celebrated the dedication and progress of companies shaping Nigeria and African capital markets.

The accolade, recognizing outstanding contributions within the capital market ecosystem, showcased VFD Group’s commitment to excellence, high ethical standards, and adherence to NGX’s regulations. The event, held on the 9th floor of the Nigeria Exchange Limited, marked VFD Group’s strategic move to list on the Main Board of NGX on October 6, 2023, a pivotal milestone that injected over N45 billion into NGX’s market capitalization.

At the Closing Gong Ceremony, Nonso Okpala, Group Managing Director/CEO of VFD Group, expressed gratitude for the warm reception, stating, “Our excitement persists from the earlier visit this year for the Listing, and we are doubly delighted to be here.” Okpala commended the leadership of NGX, particularly CEO Temi Popoola, for their foresight and initiatives, including the creation of the investment company category, which he sees as a revolutionary step that will enhance trust in the market and benefit the economy.

Temi Popoola, CEO of Nigerian Exchange Limited, emphasized the awards as a platform showcasing the best in the capital market, encouraging more private sector organizations to list shares and inject fresh capital. He expressed the commitment of NGX Made of Africa to promote inclusivity and contribute to the development of the capital market.

VFD Group Plc, a leading provider of investment management, wealth management, and financial advisory services, boasts a history of delivering value to clients. With a diverse portfolio and a track record of consistent returns, VFD Group is positioned as a future-focused entity, adopting a sector-agnostic approach to investment and contributing to a global ecosystem through strategic collaborations and investments in various businesses and sectors. This recognition solidifies VFD Group’s standing as a key player in shaping the financial landscape in Nigeria and beyond.

December 22, 2023