Coronation Group Launches N200bn Fund to Boost Nigeria's Economy

Nigeria's ambition to achieve a $1 trillion economy by 2030 necessitates substantial long-term capital for infrastructure development. The N200 billion Coronation Infrastructure Fund (NGX: CNIF) (CIF), managed by Coronation Asset Management Limited and registered with the Securities and Exchange Commission (SEC), aims to channel private capital into revenue-generating infrastructure projects across various sectors, including energy, transportation, and healthcare.

The fund has generated an annualized return of 23.27 percent in 2025, with N8.79 billion in net subscriptions for its inaugural series. By September 2026, its portfolio included financing for power generation, logistics, healthcare manufacturing, and affordable housing.

This initiative seeks to connect different parts of Nigeria's financial system to address the infrastructure deficit that hampers productivity and competitiveness. The fund's success is crucial for overcoming the development gap that has historically constrained Nigeria's industrialization and economic growth.