Coronation Asset Management Ltd, a subsidiary of the Coronation Group, is poised to list the Coronation Infrastructure Fund (CIF) on the Nigerian Exchange ltd. this move follows the successful completion of the fund’s series i raise.
In a statement on tuesday, the chief executive officer of Coronation Asset Management, Aigbovboise Aig-Imoukhuede, announced that CIF will list 87.9 million units at a price of ₦100 per unit. aig-imoukhuede highlighted that the milestone was a direct result of strong investor interest from the fund’s launch, which has already earned recognition as Nigeria’s Best Performing Maiden Infrastructure Fund by Gazet International Awards.
The listing represents a significant opportunity for investors to participate in a fund that has already demonstrated its strong potential in the market.
According to him, the listing will enhance visibility, transparency, and accessibility to institutional and retail investors, enabling broader participation in long-term infrastructure development.
He further described the development as a bold move that followed 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.
“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,” he said.
Aig-Imoukhuede noted that CIF invests across key priority sectors—including transportation, real estate, utilities, social infrastructure, telecommunications, and energy—to ensure diversification and deliver measurable economic value.
“The Fund has already distributed over N1.7 billion in dividends across two income distribution cycles, underscoring its performance and reliability as an infrastructure-focused product.
“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,” he said.
Also, Mayowa Ikotun, Head, CIF at Coronation Asset Management, added that “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.”
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.
