VFD Group Approves N0.25 Dividend at AGM in Lagos

At the 10th Annual General Meeting (AGM) of VFD Group Plc held in Lagos, shareholders approved a dividend of N0.25 per share for the financial year ending December 31, 2025. The meeting, themed "Leveling Up," brought together shareholders, board members, and investors to review the group's performance.

CEO Nonso Okpala emphasized the company's commitment to disciplined growth and long-term shareholder value creation. The AGM saw overwhelming support for several resolutions, including the re-election of Ms. Omolola Bolusir as an independent non-executive director and the appointment of PricewaterhouseCoopers (PwC) as the external auditor.

The board, led by Chairman Olatund Busari, highlighted the importance of governance and risk management as central to the company's operations. The group aims to deepen its market position across five major verticals, ensuring it becomes a top player in the economy through deliberate efforts to identify and pursue opportunities across Africa.