Coronation Infrastructure Fund proposes N9.11 kobo income distribution for H2'25

The Coronation Infrastructure Fund (CIF) has proposed a semi-annual distribution of N9.11 kobo per unit, subject to appropriate withholding tax (WHT).

The income distribution will be paid to unitholders whose names appear in the Register of members as at the close of business on January 29, 2026.

The Coronation Infrastructure Fund is an actively managed closed-end debt fund that focuses on making long-term investments within specific sectors in Nigeria. The Fund is registered with the Securities and Exchange Commission (SEC) as a N200 billion Shelf Programme under the guidelines for Infrastructure Funds.

The income distribution for second half (H2) of 2025 ( period December 31, 2025) is in line with the Section 25 of the Programme Trust Deed.

The Register for unit unitholders will be closed on January 30, 2026 while the payment is on February 2, 2026.

The distribution will be paid – electronically – to Unitholders whose names appear on the Register of unitholders as of January 29, 2026 (and have completed the E-mandate Form and authorised the Registrar to pay their distributions directly into their bank accounts.

The Coronation Infrastructure Fund channels long-term institutional capital to finance transformative, revenue-generating infrastructure projects across Nigeria and sub-Saharan Africa.

Sponsored by Coronation Asset Management Limited (the Fund Manager) and anchored on a robust governance framework aligned with global best practices, the CIF is structured to deliver both strong inflation-linked returns and measurable socio-economic impact, delivering sustainable returns through strategic investments in transformative projects.

The CIF invests the net proceeds from each offer in loans, securities, and securitised debt instruments of infrastructure companies, projects or special purpose vehicles created to facilitate or promote investment in infrastructure.

The Fund aims to achieve a target return of 3 percent over and above the prevailing yield on the Federal Government of Nigeria Bond with a similar tenor to the tenor of the relevant Series.

CIF targets revenue-generating infrastructure assets in sectors such as: Transportation Real Estate, Utilities, Social Infrastructure (Health, Education, Student Accommodation), Telecommunications Infrastructure, and Energy (including renewables).

Iheanyi Nwachukwu

Iheanyi Nwachukwu, is a creative content writer with almost two decades journalism experience writing on banking, finance, capital markets, and tax. The multiple awards winning journalist is Assistant Editor, BusinessDay. Iheanyi holds BSc Degree in Economics from Imo State University; Master of Science (MSc) Degree in Management from University of Lagos. Iheanyi has attended several work-related trainings including (i) Advanced Writing and Reporting Skills (Pan African University, Lagos); (ii) News Agency Journalism (Indian Institute of Mass Communication {IIMC}, New Delhi, India); and (iii) Capital Markets Development and Regulations (International Law Institute {ILI} of Georgetown University, Washington DC, USA). Other trainings Iheanyi attended include: Economic/Political Risk Analysis (By Thomson Reuters Foundation); International Financial Journalism (IFJ) (By PMA Media Training, UK); Effective Business Writing Skills (By Phillips Consulting); Reporting on Corporate Governance (By International Finance Corporation (IFC) & Thomson Reuters Foundation UK); etc. In addition, he has participated in high-level economy & markets events in Dubai, South Africa, Morocco, and other African countries like Zambia, Ghana and Gambia.