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VFD Group seeks to acquire regional commercial banking license, others

VFD Group seeks to acquire regional commercial banking license, others

Financial services firm, VFD Group, has outlined its vision for the remaining quarters of 2019.

Disclosing that the company recorded significant growth in its financial results for the period under review, Nonso Okpala, the Managing Director/CEO of VFD Group, said the company is now committed to achieving the followings before the year (2019) runs out:

With all activities listed, VFD Group expects the Gross Earnings to grow by 101% to N4.42 billion in FY 2019 from N2.28 billion in FY 2018, baring any economic or political issues.

About VFD Group Plc: VFD Group is a financial service-focused proprietary investment company that creates value by working within Nigeria’s informal financial sector to create innovative products and solutions that are accessible to the everyday Nigerian citizen and entrepreneur. 

The company operates in every area of the financial industry through their subsidiaries, providing financial advisory, asset management, currency, real estate, debt services, and private funds management services, taking deposits and providing loans at very competitive rates. 

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VFD Group’s subsidiaries include: Anchoria Asset Management, Dynasty Real EstateEverdon Bureau De Change, Germaine Auto Centre, VFD Bridge, and VFD Microfinance Bank. 

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