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BD Insider 198: VFD goes public on Nigerian Exchange

VFD has received approval to list its shares on the Nigerian Exchange Limited. We also cover the launch of Paystack's virtual terminal.
4 minute read
BD Insider 198: VFD goes public on Nigerian Exchange
Photo: Nonso Okpala, CEO of VFD Group

In today’s newsletter, we bring you news about

  • VFD’s plans to list on the Nigerian stock exchange
  • Paystack’s new offline payments solution.

The Weekend Brief

#1 VFD Group to list on the Nigerian stock exchange

The news: VFD Group, a prominent investment firm, has received approval to list its shares on the Nigerian Exchange Limited (NGX). This move comes after the firm’s exit from the NASD OTC Securities Exchange, where its shares were previously traded over the counter.

The listing on NGX is expected to enhance the company’s visibility and enable it to tap into capital from the investing public through public offers or private placements.

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Last updated: December 30, 2024

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