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Coronation Unveils Nigeria’s Largest Infrastructure Fund


Coronation Asset Management has officially listed the Coronation Infrastructure Fund, Nigeria’s largest Series I infrastructure fund, on the Main Board of the Nigerian Exchange, deepening access to infrastructure as an investable asset class.

The N8.79 bn listing comprises 87.9 million units priced at N100 per unit, positioning CIF as a category-defining product in Nigeria’s capital market. Managed by Coronation Asset Management Ltd, a subsidiary of Coronation Group, the fund offers investors long-term exposure to infrastructure-led growth through a professionally managed platform.

“At Coronation, our belief is simple: great products can shape economies. The Coronation Infrastructure Fund is one such product: rooted in deep market insight, backed by strong governance, and built to generate wealth sustainably. More importantly, it plays a catalytic role in addressing Nigeria’s infrastructure deficit by directing long-term capital into the sectors that matter most: transport, energy, housing, and beyond,” said Aigbovbioise Aig-Imoukhuede, Chief Executive Officer of Coronation Asset Management.

The CIF, Nigeria’s best-performing maiden infrastructure fund, has already distributed N1.7 bn in dividends and established a strong track record across sectors, including transportation, energy, real estate, and utilities. The fund blends capital preservation, semi-annual income, and impact investing in a structured product.

The head of the Coronation Infrastructure Fund, Mayowa Ikotun, said, “CIF’s listing marks a turning point. It’s the moment infrastructure investing becomes democratised through our product offering. This is what we do at Coronation: we turn vision into investable outcomes.”

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