Coronation Infrastructure Fund Set to List on Nigerian Exchange, Driving Market Access to Infrastructure Investments

Coronation Asset Management Ltd, a subsidiary of Coronation Group, is set to list the Coronation Infrastructure Fund (CIF) on the Nigerian Exchange Limited (NGX), a bold move that follows the Fund’s record-setting debut as Nigeria’s highest-ever Series I capital raise for a local infrastructure fund, with ₦8.79 billion 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.

Coronation Infrastructure Fund will list 87.9 million units at ₦100 per unit, representing the proceeds from its successful Series I raise. This milestone follows strong investor interest at launch, with CIF already earning recognition as Nigeria’s Best Performing Maiden Infrastructure Fund by Gazet International Awards. 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 Aigbovboise Aig-Imoukhuede, Chief Executive Officer, Coronation Asset Management.

CIF invests across priority sectors: transportation, real estate, utilities, social infrastructure, telecommunications, and energy—ensuring diversification and measurable economic value. The Fund has already distributed over ₦1.7 billion 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.

According to Mayowa Ikotun, Head, Coronation Infrastructure Fund at Coronation Asset Management, “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.”

As Nigeria redefines its capital market offerings, Coronation Asset Management’s approach to product offerings places investors at the centre; giving them access to products that don’t just grow portfolios but build nations.