VFD Group Plc (NGX: VFDGROUP), a leading principal investment firm, has successfully redeemed its N4.24 billion Series 4 Commercial Paper, marking another milestone in its N20 billion Commercial Paper Programme registered in 2022.
The redemption, which follows the issuance on December 19, 2024, reinforces investor confidence in the Group’s financial discipline and liquidity management. It also highlights the company’s consistent ability to meet obligations while pursuing strategic growth.
This achievement builds on VFD Group’s strong half-year 2025 performance, where it reported gross earnings of N41.17 billion and a total asset base of N356.87 billion. The Group’s commercial paper programme has consistently recorded oversubscriptions, reflecting sustained investor trust and market confidence.
Commenting on the development, Group Managing Director/CEO, Mr. Nonso Okpala, said:
“The market has been favourable for businesses that are creating value for the Nigerian economy. The successful redemption of our Series 4 issue validates the market’s commitment to providing debt capital. It also enables us to continue unlocking value for shareholders through our globalisation strategy.”
Executive Director for Finance and Investor Relations, Mr. Folajimi Adeleye, added:
“Timely redemption of this commercial paper reflects disciplined liquidity management across the firm. The programme has supported immediate operational needs while preserving capital strength for long-term growth. Series 4 continues that trajectory as we execute our expansion strategy.”
Since the launch of the N20 billion programme, VFD Group has completed multiple issuances and redemptions, strengthening its position as a trusted and active participant in Nigeria’s debt capital market.
About VFD Group Plc
VFD Group is a sector-agnostic principal investment firm with a diversified portfolio spanning banking, financial services, market infrastructure, technology, real estate, hospitality, media, entertainment, and energy.
Listed on the Nigerian Exchange (NGX), the Group remains committed to creating and maximising wealth for its investors through strategic investments.
