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Coronation Infrastructure Fund Lists on Nigerian Exchange (N


Coronation Asset Management Ltd, a subsidiary of Coronation Group, is set to list the Coronation Infrastructure Fund on the Nigerian Exchange Limited.

According to a statement from the firm on Wednesday, the move follows the Fund’s record-setting debut as Nigeria’s highest-ever Series I capital raise for a local infrastructure fund, with N8.79bn secured from institutional and retail investors.

CIF is a purpose-built financial product designed to channel long-term capital into Nigeria’s most pressing infrastructure needs while offering investors access to steady income and capital appreciation. CIF invests across priority sectors: transportation, real estate, utilities, social infrastructure, telecommunications, and energy.

Coronation Infrastructure Fund will list 87.9 million units at N100 per unit, representing the proceeds from its successful Series I raise.

It is believed that the listing will enhance visibility, transparency, and accessibility to institutional and retail investors, enabling broader participation in long-term infrastructure development.

“The Coronation Infrastructure Fund is not only a strategic investment tool; it is a nation-building mechanism. This listing on the NGX creates the access and liquidity required to enable Nigerian investors to participate in the structural transformation of the economy,” said Chief Executive Officer of Coronation Asset Management, Aigbovboise Aig-Imoukhuede.

The Fund has already distributed over N1.7bn in dividends across two income distribution cycles, underscoring its performance and reliability as an infrastructure-focused product. For investors, CIF delivers more than yield; it offers transparency, liquidity through the exchange listing, and consistent market engagement through quarterly infrastructure newsletters that deepen investor education.

Head of the Coronation Infrastructure Fund at Coronation Asset Management, Mayowa Ikotun, added, “Infrastructure is the bedrock of inclusive economic growth. With CIF, we are deploying capital with intention, targeting high-impact projects that deliver long-term returns while solving real developmental challenges.”

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