Following a record-breaking launch that raised ₦8.79 billion from institutional and retail investors, the Coronation Infrastructure Fund (CIF) is set to be listed on the Nigerian Exchange (NGX).
Managed by Coronation Asset Management Ltd., a subsidiary of Coronation Group, the fund will list 87.9 million units at ₦100 per unit, representing the total proceeds of its successful Series I offering — the largest capital raise ever achieved by a local infrastructure fund in Nigeria.
This listing is expected to enhance the fund’s visibility, transparency, and accessibility, allowing a broader range of institutional and retail investors to participate in the country’s long-term infrastructure development.
To date, the fund has distributed over ₦1.7 billion in dividends across two income distribution cycles.
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