VFD Group set to beat 2017 performance

Deprecated: mb_convert_encoding(): Handling HTML entities via mbstring is deprecated; use htmlspecialchars, htmlentities, or mb_encode_numericentity/mb_decode_numericentity instead in /var/www/nairametrics/wp-content/themes/nairametrics/functions.php on line 104

VFD Group recently held an interactive session with top media executives, of which Nairametrics was in attendance. The group shed light on its activities since existence and its plans going forward. Present at the briefing were top executives from its various subsidiaries.

Group Managing Director/Chief Executive Officer Nonso Okpala stated that VFD had exceeded all the targets it had set so far this year.

Going forward

Okpala disclosed that the firm would be expanding across various sectors of the economy, in order to take advantage of untapped sectors.

“We have studied our environment and seen that there are immense opportunities for value creation within the informal sector”

Other News

• Stanbic IBTC PMI: Nigeria’s private sector expands for fifth consecutive month in June
• NDIC begins liquidation, warns public after CBN closes 46 microfinance banks
• RMAFC submits political office holders’ pay review to Tinubu

In addition, its real estate unit would expand on its current projects in Lagos.

VFD Group was incorporated with the Corporate Affairs Commission (CAC) on 7th July 2009, and commenced business operations effectively on the 1st of January 2011. The company’s subsidiaries include VFD Microfinance Bank, Everdon Bureau De Change, Anchoria Asset Management and Germaine Auto Centre.