Nigeria’s efforts to deepen foreign participation in its capital market received a fresh boost following a strategic distribution arrangement between Daba Markets Inc., Coronation Securities Limited and Coronation Asset Management Limited aimed at giving eligible international investors digital access to Nigerian investment opportunities.
The arrangement, announced on Monday, brings together Daba Finance’s global digital investment platform and Coronation’s Nigerian market expertise, research and investment products in a structure designed to make the country’s capital market more accessible to investors outside Nigeria.
Under the arrangement, Daba Finance will operate as Coronation’s corporate client through a trust structure, with eligible users able to access Nigerian capital-market products made available by Coronation through the Daba platform.
The initiative is particularly significant for Nigerians and other Africans in the diaspora, as well as international investors seeking exposure to Nigeria, by addressing some of the traditional barriers associated with obtaining market information, understanding local investment structures and accessing Nigerian securities remotely.
Daba Finance said the arrangement rests on three pillars: market intelligence, investor education and digital access.
Through the partnership, Daba’s platform will feature Nigerian market news, data, analysis and research publications supported by Coronation’s research and market expertise. The companies said this is intended to give international investors more credible and accessible information for understanding the Nigerian market.
The second component is investor education, with courses to be offered through Daba Academy and Coronation Investment Academy, alongside joint webinars focusing on Nigeria’s…
Source link
Read Full Article by Kehinde Akinseinde-Jayeoba at tribuneonlineng.com
Source link
