In the NGX Made of Africa Awards, VFD Group Plc, a leading wealth management, investment management, and financial advisory services provider, emerged as the Listed Company of the Year.
The event was held on December 20 to celebrate companies' 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 the THISDAYLIVE report.
However, VFD Group said that the decision to list on the Main Board of NGX on October 6, 2023, marked a pivotal milestone, contributing N45 billion to the NGX market capitalization since it was listed on the Stock Exchange.
The listing of VFDs on the NGX boosted liquidity in the Nigerian capital market and opened wealth-creation opportunities for many investors.
During the ceremony's close, the GMD/CEO of VFD Group, Nonso Okpala, expressed his gratitude. He said,
- Thank you very much for receiving us warmly once again.
- Our excitement persists from the earlier visit this year for the Listing. And we are doubly delighted to be here.
- 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.
- This is a revolutionary step for the exchange. We believe it will have a positive impact as the market recognizes 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, ultimately benefiting the economy.