Daba Markets and Coronation Enhance Access to Nigeria's Capital Market

Daba Markets Inc., Coronation Securities Limited, and Coronation Asset Management Limited have announced a strategic distribution arrangement aimed at improving access to Nigeria’s capital market for eligible investors. Daba Finance, through its platform, will serve eligible clients globally, with eligibility determined by local laws.

Under this arrangement, Daba Finance acts as Coronation’s corporate client via a trust structure, allowing users to access Nigerian capital-market products. The platform will feature Nigerian market intelligence supported by Coronation’s research, providing credible information about the capital market.

Additionally, Daba Finance and Coronation will offer investor education through courses and webinars. Eligible users can access various capital-market products digitally, with functionalities for onboarding, multi-currency funding, and investment reporting.

Boum III Jr, CEO of Daba Finance, stated that this partnership aims to bridge the gap for diaspora investors seeking to engage with African markets by combining Coronation’s expertise with Daba’s technology.