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

VFD Group, a leading provider of investment management, wealth management, and financial advisory services, has emerged as the Listed Company of the Year at the NGX Made of Africa Awards.

The event was held on December 20 this year to celebrate companies demonstrating exceptional dedication to driving impact and progress across Nigeria and African capital markets.

Designed to acknowledge outstanding contributions within the capital market ecosystem, the awards spotlighted companies and individuals showcasing exceptional performance, value delivery, and sustainable impact.

According to VFD Group, its strategic move to list on the Main Board of NGX on October 6 this year marked a pivotal milestone, contributing over N45 billion to NGX’s market capitalisation.

This not only boosted liquidity in the Nigerian capital market but also created opportunities for wealth creation.

At the Closing Gong Ceremony, the GMD/CEO of VFD Group, Nonso Okpala expressed gratitude. “Thank you very much for receiving us warmly once again,” he said, excitedly.

“Our excitement persists from the earlier visit this year for the Listing. And we are doubly delighted to be here.”

Okpala went on to commend the leadership of the Exchange, especially the CEO, Temi Popoola, to whom he gave a thumbs up.

He emphasised: “I would like to extend my appreciation to the Exchange, under the commendable leadership of Temi Poopola, who has not only done a fantastic job but has also demonstrated great foresight in positioning the exchange for the future.”

He admitted that one of the remarkable initiatives from their perspective is creating the investment company category.

“This is a revolutionary step for the exchange. We believe it will have a positive impact as the market recognises the capacity and potential returns, along with the Governance Enforcement these companies bring.

“This development will undoubtedly enhance trust in the market, leading to increased participation and involvement, which will ultimately be beneficial for the economy,” says the GMD.

On her part, Popoola said: “These awards serve as a platform to showcase the best the capital market has to offer, inspiring more private sector organisations, states and the federal government to list shares, issue debt securities, and inject fresh capital into the market.”

Through NGX Made of Africa, Popoola expressed its commitment to encourage and incentivise its partners and promote inclusivity as they contribute to capital market development.

Meanwhile, VFD Group Plc manages a diverse portfolio of assets and has a strong track record of generating consistent returns for its investors.