Coronation Lists N8.79bn Series I Infrastructure Fund on NGX at N100

Coronation Infrastructure Fund (CIF) has successfully listed its N8.79 billion Series I Infrastructure Fund on the Nigerian Exchange Limited (NGX) at N100 per unit. This marks a significant milestone in Nigeria's alternative investment landscape, providing investors with an opportunity to participate in the country's infrastructure revolution.

Managed by Coronation Asset Management Ltd, a subsidiary of Coronation Group, CIF aims to deliver real economic impact by prioritizing growth and addressing Nigeria's infrastructure deficit. The fund has already distributed N1 billion in dividends and has established a strong track record across critical sectors such as transportation, energy, real estate, and utilities.

The listing of CIF on the NGX is seen as a turning point in infrastructure investing, making it more accessible to a wider range of investors and contributing to the country's economic development. Chief Executive Officer of Coronation Asset Management, Aigbovbioise, emphasized the fund's role in shaping the economy and generating sustainable wealth.

The listing of CIF is part of.