Coinage Fund Receives SEC Approval as Portfolio Manager

Coinage Fund has secured approval from the Securities and Exchange Commission (SEC) Nigeria to operate as a fully licensed portfolio manager. This approval allows the firm to function as a licensed investment portfolio management outfit, providing tailored investment solutions to a broad spectrum of clients.

Dr. Victor Gbenga Afolabi, the firm's board chairman, emphasized the company's role as a catalyst for smarter capital deployment, particularly for individuals and businesses that struggle with poorly managed capital due to limited access to expertise.

Biodun Ok, the firm's Chief Executive Officer, described the approval as validation of the firm's strategic direction and a launchpad for its long-term ambitions. Coinage Fund is committed to helping clients achieve financial security and sustainable wealth creation through informed decision-making and a long-term investment philosophy.