**VFD Group Secures N27.2 Billion, Sets New Benchmark for Nigerian Businesses** In a remarkable feat, VFD Group Plc has successfully raised N27.2 billion through its Commercial Paper (CP) issuance, exceeding initial expectations by a whopping 100%. This achievement is a testament to the company's resilience and market confidence in its diversified business model and long-term growth strategy. **A New Era of Investor Confidence** VFD Group initially set a target of N15 billion, but the strong demand from institutional and high-net-worth investors prompted the company to increase the offer size to N27.2 billion. The successful issuance is a reflection of the company's ability to attract investors and its commitment to prudent capital management. This milestone underscores Nigeria's evolving capital market, where innovative companies like VFD Group are redefining the way businesses access funding. **A Bright Future Ahead** Proceeds from the issuance will be used to boost VFD Group's working capital and support its strategic expansion plans. The company's ability to leverage its established CP Programme is a clear indication of its commitment to optimising its cost of capital and maintaining flexibility in a rapidly changing economic environment. By combining equity strengthening with efficient short-term funding instruments, VFD Group is setting a new benchmark for Nigerian businesses seeking to access competitive funding. **A Beacon of Hope for African Businesses** As an African investment company focused on building capacity across the continent, VFD Group's success is a beacon of hope for other businesses seeking to access competitive funding. The company's diversified portfolio and commitment to developing exceptional leadership are a testament to its operational resilience and ability to deliver sustainable value across its ecosystem. With this remarkable achievement, VFD Group has solidified its position as a leader in Nigeria's capital markets, paving the way for future growth and expansion.