What Coronation does

Coronation Group Limited is a Pan-African financial services holding company headquartered in Lagos, Nigeria, operating through nine SEC-regulated subsidiaries that span the full spectrum of capital markets, insurance, and wealth services. Founded in 2018 by Aigboje Aig-Imoukhuede (Chairman) and family, the group operates Coronation Asset Management (mutual funds across Balanced, Equity, Fixed Income, and Money Market strategies plus the N200 billion Coronation Infrastructure Fund), Coronation Insurance and Coronation Life Assurance (general and life underwriting), Coronation Securities (broker/dealer and issuing house), Coronation Capital (private equity, private credit, financial advisory), Coronation Registrars (securities administration), Coronation Trustees (estate planning and corporate trust), Trium (venture building), and Coronation Insurance Ghana (non-life insurance in Ghana). The group serves high-net-worth individuals, ultra-high-net-worth families, corporate and institutional clients, retail investors, and family offices, with a stated $1 billion+ in client assets under management.

Technology is concentrated in the registrar function, where Coronation pioneered electronic polling, e-dividends, e-bonus, e-notifications, and e-lodgment systems, and processes N1.28 trillion in dividends annually with a 34.8% share of Nigerian Exchange (NGX) dividend volumes. Customer-facing infrastructure includes self-service digital portals for insurance, investment, and brokerage, supported by an enterprise field sales force for institutional and HNW clients and a bancassurance channel through Access Bank's branch network. Revenue is generated across five streams: subscription/recurring asset management fees and insurance premiums (the insurance subsidiary booked N74.83 billion in 2025, up 51.4% year-over-year); transaction-based brokerage commissions; professional services fees for capital raising, advisory, and valuation; and registrar/trustee fees for securities administration and fiduciary services. The group holds an A/A1 national-scale credit rating from GCR Ratings (upgraded April 2026) and Coronation Insurance Plc shares trade on the Nigerian Stock Exchange.

Name

Coronation

Legal name

Coronation Group Limited

Website

https://coronation.ng

Company type

Public

Founded year

2018

Operating status

Operating

Headcount range

251–500 employees

Short description

Coronation Group is a Lagos-based Pan-African financial services holding company operating nine SEC-regulated subsidiaries across asset management, insurance, securities brokerage, capital advisory, registrar, trustee, and venture capital services for HNW, institutional, corporate, and retail clients in Nigeria and Ghana.

Ownership category

akta.pro rank

Product category

Pan-African Financial Services

NAICS

Grantmaking Foundations (813211)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Equity Prime Brokerage (Custody, Financing & Services) (FSACAFAB)

akta.pro secondary industries

Equity Capital Introduction & Prime Services (FSACAFAK), CSD Asset Servicing (Income, Redemptions, Tax Withholding) (FSAFAGAH)

Keywords

• Asset management services
• Insurance brokerage
• Securities trading
• Private equity advisory
• Wealth management solutions

Headquarters

HQ city

Lagos

HQ country

Nigeria

HQ region

Africa

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Asset Management Fees: Management fees charged on mutual funds (Balanced, Equity, Fixed Income, Money Market), separately managed portfolios, and the N200bn Coronation Infrastructure Fund. Fees based on assets under management (AUM) with performance fees on certain products.
2. Insurance Premiums: Premium income from general insurance (Motor, Fire, Home, Travel, Personal Accident), life assurance products (Term Life, Group Life, Credit Life), and specialty insurance lines. The insurance subsidiary reported N74.83 billion in insurance revenue for 2025.
3. Brokerage Commissions: Commission income from securities trading and brokerage services including equity trades, fixed income transactions, and investment advisory. Coronation Securities serves as broker/dealer and issuing house regulated by SEC Nigeria.
4. Financial Advisory and Arrangement Fees: Fees from financial advisory, transaction advisory, business valuation, capital raise arrangement (equity and debt), and investment management services for private equity, venture capital, and private credit investments.
5. Registrar and Trustee Services: Fees for securities register maintenance, shareholder meeting services, dividend payments, investor relations, estate planning, and corporate/ capital markets trustee services. Handles largest value of payments to investors in Nigeria.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels9 records

Core offering

Coronation is a Pan-African financial services group that delivers asset management, insurance, securities trading and brokerage, registrar and trustee services, private equity and venture capital, and financial advisory through a network of SEC-regulated subsidiaries. The group manages over $1 billion in client assets and offers products ranging from mutual funds and managed portfolios to general and life insurance, fixed income brokerage, and estate planning. Distribution combines direct institutional sales, digital self-service platforms, and a bancassurance partnership with Access Bank.

Product overview

Coronation is a leading Pan-African financial services group offering a diversified portfolio of products and services through its subsidiary and affiliate network. The group operates as a platform of distinct business units: Coronation Asset Management (fund/portfolio management across equities, fixed income, private equity, and the ₦200bn Infrastructure Fund), Coronation Insurance (general and life insurance including personal, motor, home, travel, and accident covers), Coronation Life Assurance (term life, group life, credit life, and flexible investment products), Coronation Securities (broker/dealer and issuing house for brokerage accounts, fixed income, and investment advisory), Coronation Capital (financial advisory, equity/debt capital raises, and alternative investment management), Coronation Registrars (securities registrar services including electronic share management, dividends, and AGM administration), Coronation Trustees (estate planning, trust administration, and corporate trust), Trium (venture builder and VC manager for fintech startups including Clane, Sparkle, and Fiducia), and Coronation Insurance Ghana. Individual products include the Coronation Fantasy League investment simulator, the Insure and Win promotional campaign, Digital Wills, and a suite of mutual funds. The group also maintains a cultural initiative through the Coronation Art Gallery and a Tate Modern partnership for the Nigerian Modernism exhibition.

Differentiator

Problem solved

Functional benefit

Brands

• Clane: Financial technology company providing individuals with financial services and empowering digital lifestyles through a mobile application.
• Sparkle Microfinance Bank
• Fiducia
• Coronation Infrastructure Fund

Products and services

• Coronation Asset Management SEC-registered fund and portfolio manager offering managed funds across equities, fixed income, and private equity for retail, HNW, and institutional clients; manages Coronation Balanced Fund, Coronation Equity Fund, Coronation Fixed Income Fund, Coronation Money Market Fund, and Coronation Infrastructure Fund.
• Coronation Insurance A leading West African full-line insurance company licensed to underwrite all classes of insurance, covering fire and special perils, goods-in-transit, all-risk insurance, and general accident; offers 48-hour claims settlement promise with N98.1 billion balance sheet.
• Coronation Life Assurance SEC-regulated life insurance company licensed to underwrite all classes of life assurance for individuals and corporates, offering Term Life Assurance, Group Life Insurance, Credit Life Insurance, and Flexible Investment products with a focus on digital innovation.
• Coronation Securities SEC-registered broker/dealer and issuing house providing full-service brokerage accounts, fixed income brokerage, and investment advisory, with access to stocks, structured products, bonds, and alternative investments across Nigerian exchanges.
• Coronation Capital SEC-registered fund/portfolio manager providing financial advisory, equity and debt capital raise arrangement, and investment management across private equity, private credit, securitized credit, and distressed debt.
• Coronation Registrars SEC-registered securities registrar providing electronic share register management, shareholder meeting administration, investor relations, member registration, capital raising support, share transfers, and dividend and interest payment services; processed over N1.28 trillion in dividends in 2025.
• Coronation Trustees SEC-registered trustee firm providing estate planning, trust administration, corporate trust (loan syndication, employee share options, unclaimed dividends, security trusteeship), and capital markets trustee services.
• Trium SEC-registered venture capital manager that identifies, builds, launches, and scales startups across West Africa using a pretotyping methodology for rapid proof-of-concept validation; portfolio includes Clane, Sparkle Microfinance Bank, Fiducia, with prior exits from Woven (2024) and L1ght (2023).
• Coronation Insurance Ghana Ghana-based non-life insurance company licensed to underwrite motor, marine, fire and special perils, goods-in-transit, and all-risks insurance; one of Ghana's fastest growing insurance companies.
• Coronation Infrastructure Fund N200 billion SEC-registered fund providing long-term debt financing for infrastructure projects across Nigeria and Sub-Saharan Africa, targeting stable returns and lasting impact.
• Coronation Mutual Funds (Balanced, Equity, Fixed Income, Money Market) A suite of SEC-registered public mutual funds: Coronation Balanced Fund (debt and equity hybrid), Coronation Equity Fund, Coronation Fixed Income Fund (multi-currency), and Coronation Money Market Fund; available with minimum initial transaction sizes starting from N100,000 for managed portfolios.
• Personal Insurance Products (Motor, Home, Travel, Personal Accident) Individual personal insurance covers: Motor (car) insurance with 48-hour claims settlement; Home insurance covering building and belongings; Travel insurance for medical and passport incidents abroad; and Personal Accident insurance providing financial assistance for injury recovery.
• Life Assurance Products (Flexible Investment, E-Term, Lifetime Protection, Retirement Annuity) Range of life insurance and savings products including: Flexible Investment Plan with flexible contributions and built-in life cover; E-Term Protection Plan (annual renewable term policy covering death, total permanent disability, and accident-related hospital expenses); Lifetime Protection Plan (permanent life insurance); Retirement Annuity compliant with Pension Reform Act 2014; and Savings and Investment products.
• Digital Wills Digital estate planning product offered by Coronation Trustees enabling individuals to create and manage wills electronically.

Quantifiable outcome

• 51.4% growth in insurance revenue to N74.83 billion in 2025
• +4 more outcomes

Named customers4 records

Segments4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered flagship, core and minor.

• Access HoldingsflagshipStrategic or Co-development PartnerAccess Holdings and Coronation Group partnered on the landmark Nigerian Modernism exhibition at Tate Modern, London's premier modern art museum. The exhibition, running from October 2025 to May 2026, showcases over 250 works by more than 50 pioneering Nigerian artists, representing the first major UK exhibition dedicated to modern art in Nigeria.
• Tate ModernflagshipStrategic or Co-development PartnerTate Modern partnered with Access Holdings and Coronation Group to host Nigerian Modernism, celebrating Nigeria's cultural heritage and modern art history. The exhibition represents cultural diplomacy and soft power initiatives while positioning Coronation as a patron of African arts on the global stage.
• Access BankcoreChannel Partner/ Reseller/ DistributorBancassurance partnership enabling Coronation Insurance products to be distributed through Access Bank's extensive branch network across Nigeria. This partnership provides customers with convenient access to insurance solutions through their existing banking relationships, expanding Coronation's reach into mass market segments.
• FlowmonominorOthersFlowmono, a Nigerian AI-driven e-signature and workflow automation platform, serves enterprise clients including Coronation Bank. Flowmono operates independently as a venture built by Trium, Coronation's venture building arm.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• AIICO Insurance: Nigerian insurer with life and general insurance plus pensions — comparable to Coronation's insurance and life assurance subsidiaries.
• Cardinalstone Capital: Nigerian asset management and investment advisory firm with mutual funds and HNW wealth management — a direct peer in Nigerian mutual fund and portfolio management.
• Asset & Resource Management (ARM): One of Nigeria's largest independent asset managers with mutual funds, pensions, and private equity — directly comparable to Coronation Asset Management in Nigerian AUM scale and product mix.
• Leadway Assurance: One of Nigeria's leading diversified insurers covering life, general, and health — a direct peer to Coronation Insurance with overlapping product set and bancassurance distribution.
• Vetiva Capital Management: Nigerian asset management and brokerage firm providing mutual funds, brokerage and investment advisory — a direct peer to Coronation Asset Management and Coronation Securities.
• Stanbic IBTC Holdings: A diversified Nigerian financial services group offering asset management, insurance, brokerage, and trustees services — the closest direct peer to Coronation's multi-subsidiary platform breadth.

Emerging players

• Sigma Pensions: Nigerian pension fund administrator with growing asset management arm — partial overlap with Coronation's retirement and pension-adjacent offerings.

Broad incumbents

• AXA Mansard: Nigerian insurer with multinational parent, offering life and non-life insurance plus asset management — an incumbent competitor to Coronation Insurance with broader international backing.
• FBNQuest (FBN Holdings): The investment banking and asset management arm of FBN Holdings, providing brokerage, asset management, and advisory across Nigerian and African capital markets — a broader incumbent competitor.
• Sanlam Investments Nigeria: Nigerian arm of pan-African financial services group Sanlam, providing life insurance, investments, and wealth management — a broader incumbent comparable to Coronation's diversified African platform.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/coronation_ng
• Facebookfacebook.com/coronationnggroup
• LinkedInlinkedin.com/company/coronationgrp
• Instagraminstagram.com/coronationgroup

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Coronation