Coinag Fund Management Secures SEC Approval for Operations

Coinag Fund Management Ltd has been granted regulatory approval by the Securities and Exchange Commission (SEC) to operate as a Fund/Portfolio Manager. This approval marks a significant step in the company's mission to democratize access to professional wealth management and reshape the future of investment advisory across Nigeria and the broader African market.

Dr. Victor Afolabi, the firm's board chairman, emphasized its role as a catalyst for smarter capital deployment, addressing the issue of poorly managed capital due to limited access to expertise.

Biodun Ok, the Chief Executive Officer, described the approval as a validation of the firm's strategic direction and a launchpad for its long-term ambitions. Coinag Fund Management Ltd aims to build Nigeria's next generation of wealth and retirement futures, committing to help clients achieve financial security and sustainable wealth creation.

The firm plans to leverage technology-driven investment strategies to deliver consistent risk-adjusted returns and promote financial literacy among investors.