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Nigeria: Vfd Group Prepares $32 Million Raise

Summary by Ocean's News
The Nigerian conglomerate VFD Group, active in finance, health, real estate, the media and technology, has formalized its intention to raise more than 50.67 billion nairas (approximately $32 million) in the Nigerian stock market. The announcement was made on Friday, August 8, by the Nigerian Exchange Limited. The transaction, led by Anchoria Securities Limited, TRW Stockbrokers Limited and ARM Securities Limited, foresees the issuance of 5.067 b…
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The Nigerian conglomerate VFD Group, active in finance, health, real estate, the media and technology, has formalized its intention to raise more than 50.67 billion nairas (approximately $32 million) in the Nigerian stock market. The announcement was made on Friday, August 8, by the Nigerian Exchange Limited. The transaction, led by Anchoria Securities Limited, TRW Stockbrokers Limited and ARM Securities Limited, foresees the issuance of 5.067 b…

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Ocean's News broke the news in on Tuesday, August 12, 2025.
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