VFD Microfinance Bank appoints Nonso Kenneth Okoye as MD

VFD Microfinance Bank appoints Nonso Kenneth Okoye as MD and CEO, bringing over 20 years of banking, risk, and operational leadership experience.

VBank rebounds to profitability with ₦366 million in 2024

VFD Microfinance Bank's positive performance contributed to a wider recovery for its parent company, VFD Group Plc, which also rebounded to profitability after a ₦750 million ($471,824) loss in the previous year.

VFD Group invests ₦5 billion in fintech arm, V Bank 

This move aligns with the broader trend of parent companies investing heavily in their fintech subsidiaries to capitalise on the financial services market in Nigeria