BUSINESS
CORONATION INFRASTRUCTURE FUND’S NET ASSET VALUE HITS N9.82 BILLION
The Coronation Infrastructure Fund has recorded a significant increase in its net asset value, reaching N9.82 billion, according to its latest financial update.
The growth reflects strong performance across its portfolio of infrastructure investments and effective asset management strategies. Fund managers attributed the positive results to strategic investments in key sectors and favourable market conditions.
The Coronation Infrastructure Fund continues to attract interest from investors seeking exposure to Nigeria’s growing infrastructure needs. The fund’s management expressed confidence in its ability to deliver sustainable returns while contributing to national development through targeted investments.
Industry analysts described the milestone as a positive development for infrastructure financing in Nigeria, noting that well-managed funds can play a crucial role in bridging the country’s infrastructure gap. They expect continued growth as more investors recognise the potential in the sector.
The Coronation Infrastructure Fund remains focused on identifying high-impact projects and maintaining strong governance standards. Its performance is seen as an encouraging sign for the broader investment landscape in Nigeria’s infrastructure space.