Investment company VFD Group admitted to Nigerian Exchange

Investment company VFD Group, which this week quit the Lagos-based over-the-counter securities exchange NASD OTC after three years, was Friday admitted on the daily official list of the

In all, 190,027,365 shares at N245 per unit were listed on the Main Board of the exchange, equivalent to a market value of N46.6 billion.L-R: Temi Popoola, CEO Nigerian Exchange Limited; Umaru Kwairanga, Chairman Nigerian Exchange Group; Olatunde Busari, Chairman VFD Group and John Okonkwo, VFD Group’s Executive Director Finance and Risk Management at the Facts Behind the Listing ceremony on Friday.

Listing on a standard exchange provides the company with a gateway to access more capital and more visibility to the investing public. “This is a momentous occasion for VFD Group. Our journey from a boutique investment firm to a publicly traded company on the Nigerian Exchange reflects the dedication and hard work of our entire team. We are excited about this new chapter and the opportunities it brings to further strengthen our market position,” Mr Okpala further said.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Natural Resource Investment: Nigerian govt set to partner CJID, others to hold second summitThe forum, the organisers added, is expected to address measures to mitigate the challenges of energy transition and provide...
Source: PremiumTimesng - 🏆 3. / 78 Read more »

Nigerian govt to launch $167m investment in digital, creative enterprises programmeThe launch is part of efforts to deliver on the government’s promise to create millions of jobs in the technology space.
Source: PremiumTimesng - 🏆 3. / 78 Read more »

Adesina charges Africa to prioritise peace-building as investment decisionThe Latest news in Nigeria and world news. The Guardian Nigeria Newspaper brings you the latest headlines, opinions, political news, business reports and international news.
Source: GuardianNigeria - 🏆 1. / 94 Read more »

FG targets 500,000 jobs, foreign direct investment with Ajaokuta Industrial ParkThe Minister of Steel Development, Prince Shuaibu Abubakar Audu, has revealed the Federal Government's plan to make the proposed Ajaokuta Industrial Park attract foreign direct investment and 500,000 jobs in three years. Audu disclosed this during his maiden visit to the Ajaokuta Steel Company Limited (ASCOL) on Wednesday, taking a tour of the steel complex.
Source: DailyPostNGR - 🏆 11. / 59 Read more »