Economy
Coronation Securities Helps Clients Understand Real Returns After Inflation—Owadokun
Nigeria’s economy is in a transition phase—marked by ambitious reforms, rising inflation, and a shifting investor landscape. The country recorded a 4.6 per cent GDP growth in Q4 2024, with 2025 projections at 3.6 per cent, driven by exchange rate unification, fiscal reforms, and a more market-driven policy approach.
At the same time, inflation—at 22.97 per cent as of May 2025—remains a concern. The Naira, while stabilising, still presents FX-related risks. Despite these headwinds, investors are beginning to regain confidence, and market reforms are gradually unlocking opportunities, particularly for digital-first institutions focused on access, trust, and financial empowerment.
In this interview shared with Business Post, the deputy chief executive of Coronation Securities, Mr Segun Owadokun, highlighted how the firm is positioning itself and its clients for long-term growth, navigating uncertainty, and building leadership in Nigeria’s capital markets. It has been edited for clarity.
What strategies are you deploying to help clients preserve and grow wealth in a high-inflation environment?
Our strategy is focused on preserving real returns. We offer high-yield fixed income options like commercial papers and corporate bonds as well as strong equities with capital appreciation potential and consistent dividends. But more than just picking the right products, we help clients understand their real returns after inflation. We combine this with continuous investor education and active portfolio tracking, so clients stay nimble in a fast-moving market.
Has the unification of exchange rates influenced investor sentiment and portfolio strategy?
Absolutely. The FX unification has introduced more clarity and reduced the uncertainty that plagued investors for years. We’re already seeing renewed interest from foreign portfolio investors—this is key for liquidity and pricing efficiency. Clients can now manage currency risks more transparently, and that strengthens confidence. The FX reform is foundational—it’s building a more predictable investment environment.
What measures are in place to strengthen investor confidence during periods of economic uncertainty?
Investor confidence comes from consistency and clarity. At Coronation Securities, we provide timely insights, personalized advisory, and investor education. We run webinars, thought pieces, and send regular market updates that help clients understand the “why” behind our strategy. When clients feel informed and supported—even in volatility—they stay invested with confidence.
In what ways is Coronation Securities leveraging technology to enhance access and improve client engagement?
Technology is at the centre of how we engage. Our Coronation Wealth App and eBusiness Suite allow real-time trading, seamless onboarding, and full portfolio visibility from anywhere. We’ve also built a robust API hub that allows digital partners and aggregators to embed our services in their platforms—extending access to underserved audiences. As Nigeria’s digital-first capital markets platform, we’re rethinking access, efficiency, and scale.
Can you elaborate on your efforts to promote financial literacy, especially among retail and emerging investors?
We’re passionate about empowering informed investors. That’s why we launched the Coronation Investment Academy—a platform that simplifies financial concepts and helps new and seasoned investors build their knowledge base. We complement this with webinars, newsletters, articles, and partnerships with schools, youth groups, and regulators. For us, it’s about inclusion, empowerment, and building long-term investor confidence.
What advice does Coronation Securities provide to clients affected by infrastructure deficits and high operating costs?
We help clients, both businesses and individuals, stay resilient. For businesses, we recommend maintaining liquidity buffers, deploying capital into flexible, short-term fixed income instruments, and hedging where needed.
For individuals, we guide them toward conservative, yield-driven investments that protect capital and ensure flexibility. In volatile markets, agility and cash management are everything.
What strategies are being used to attract and engage younger Nigerians in wealth-building and investment?
At Coronation Securities, we have adopted a three-pronged approach to engage younger Nigerians in wealth creation, built around the philosophy of “Learn, Play, and Invest.” First, we launched the Coronation Investment Academy, an educational platform designed to bridge the knowledge gap by simplifying investment concepts and promoting financial literacy. Once users grasp the fundamentals, they transition to the Coronation Fantasy League App – a gamified, real-time simulation that allows them to build virtual investment portfolios using actual market data. It is a safe, engaging way to practice investing without risking real money. The final step is onboarding them onto the Coronation Wealth App, our fully digital investment platform that allows users to trade and invest seamlessly in the Nigerian capital market from anywhere. This ecosystem not only educates but also empowers young investors to take charge of their financial future in a fun, accessible, and practical way.
How are ESG principles reflected in your investment advisory and product development?
ESG is no longer a cliché – it is becoming central to how we approach investments. At Coronation Securities, we are gradually embedding ESG principles into our advisory process. We have started integrating ESG screening into our equity research and are actively guiding clients towards emerging opportunities like green bonds and sustainable finance instruments. While corporate governance has always been a key pillar in our analysis, we are now seeing growing investor interest in broader social and environmental factors, such as workplace diversity, product safety, and climate responsibility. Our clients increasingly want to align their portfolios with their values, and we are right there with them. For us, it is not just about financial returns anymore – it is about making a meaningful impact through smarter and more responsible investing.
What risk management practices help safeguard client portfolios amid current macroeconomic risks?
At Coronation Securities, we take a proactive and disciplined approach to risk management. Our dedicated risk and investment teams continuously monitor market dynamics, conduct regular stress testing, and adjust portfolio strategies to anticipate and respond to potential shocks. We emphasise diversification, real-time scenario analysis, and dynamic asset allocation to cushion against volatility. By staying ahead of economic trends and maintaining strong internal controls, we aim to ensure our clients’ portfolios remain resilient, even in volatile macroeconomic environments.
Could you share recent innovations tailored to today’s market challenges?
We’ve launched a Fixed Income Trading Desk to give clients access to high-yield, short-term products. Our digital platforms now feature tailored investment recommendations and thematic watchlists—helping clients act swiftly and strategically.
How does Coronation Securities navigate the evolving regulatory landscape to ensure compliance and investor protection?
We maintain direct engagement with regulators and run rigorous internal audits. Continuous training and transparent governance ensure we manage client assets with integrity and protect investors at all times. Our strong governance framework guarantees that client assets are managed with the highest level of integrity and transparency, safeguarding investor interests at all times.
Are there any strategic partnerships that Coronation Securities is leveraging to enhance product offerings or market reach? Absolutely. Our collaborations with fintechs and ecosystem players help us scale offerings, improve execution, and reach new segments. These partnerships keep us agile, innovative, and deeply connected across Nigeria’s financial landscape.
What is your outlook for Nigeria’s investment market over the next 3 to 5 years?
We’re optimistic. Economic reforms are gaining traction—fueling deeper market participation, diverse products, and foreign capital inflows. While fixed-income yields may normalize, equities in banking, telecoms, and FMCG will shine. Digital evolution will continue democratizing access for more Nigerians.
What practical advice would you offer to new and existing investors looking to capitalize on opportunities in Nigeria’s current economic environment?
Our advice is simple: Stay informed. Diversify. Think long term. Spread investments across sectors and work with trusted advisors like Coronation Securities. In a reforming economy, disciplined and research-based investing is the best way to unlock opportunity.
Economy
A $108 Welcome Bonus Is Helping More Users Explore Cloud-Based Crypto Access in 2026 as Major Digital Assets Remain in Focus
As the digital asset market continues to expand, more users are paying attention not only to which cryptocurrencies are trending, but also to how they can take part in the market with less complexity. For many people, traditional mining has started to feel too expensive, too technical, and too demanding to manage. That is why cloud-based participation is becoming more visible as a practical alternative.
In this environment, BM Blockchain is attracting attention as a platform designed to simplify crypto participation. By offering new users a $108 welcome bonus, the platform is creating a more appealing first step for people who want to explore digital asset opportunities without dealing with hardware ownership, complicated setup, or long-term maintenance.
Why More Users Want a Simpler Path Into Crypto
Interest in digital assets remains strong, but many users no longer want to enter the market through methods that require specialized machines and technical expertise. Traditional mining often involves high upfront equipment costs, electricity use, cooling demands, and continuous system management. These challenges can make direct participation difficult for people who are curious about crypto but do not want the operational burden.
Cloud-based models help change that experience. By allowing users to access participation through an online structure instead of running hardware themselves, they make the process feel more manageable and less intimidating. For many users, that shift is becoming one of the most important reasons to consider cloud-based crypto access in 2026.
This approach can be especially attractive because it offers:
- a more accessible starting point
- less technical responsibility
- no need to purchase and manage hardware
- easier access to crypto-related participation
- more flexibility when following different digital asset stories
Why Bitcoin, XRP, Ethereum, and Dogecoin Still Matter
Even as participation models evolve, user attention continues to center on a few major digital asset names.
Bitcoin remains the most recognized mining-related asset in the market and continues to shape how many people think about crypto participation. Its long-standing market position makes it the reference point for many users exploring digital assets.
XRP remains highly visible because of its familiarity and strong public recognition. For many users, it feels easier to follow than more technical blockchain narratives, which helps it maintain broad appeal.
Ethereum continues to matter because of its importance to blockchain utility, smart contracts, and the wider crypto ecosystem. It remains one of the strongest technology-linked narratives in the market.
Dogecoin continues to attract attention because of its approachable image, broad retail popularity, and strong public visibility. It remains one of the most familiar crypto stories for everyday users.
Together, these digital assets show why the market continues to attract a wide range of participants. Some users are drawn by mining history, some by utility, some by familiarity, and others by community-driven popularity. What many now share, however, is a growing interest in simpler participation methods.
Why Cloud-Based Participation Feels More Relevant in 2026
One of the biggest changes in the market is that users are paying more attention to convenience. Instead of focusing only on price movements or older mining models, they are also comparing how easy a platform feels to use. This is where cloud-based participation has gained an advantage.
Rather than requiring users to become equipment operators, cloud-based platforms give them a route into the market through a simpler and more service-led format. That makes the experience feel closer to a digital platform model than a technical infrastructure project. In 2026, this difference is becoming more important as new users look for ways to participate without facing unnecessary complexity.
How BM Blockchain Positions Itself
BM Blockchain is aligning itself with this trend by emphasizing easier onboarding and a more accessible participation model. Instead of asking users to take on the full burden of traditional mining, the platform presents a cloud-based structure designed to lower barriers from the beginning.
This may be especially appealing to users who want exposure to major digital asset themes such as Bitcoin, XRP, Ethereum, and Dogecoin while avoiding the technical demands of direct mining. By reducing friction and simplifying entry, BM Blockchain presents itself as a more approachable option for people exploring digital assets for the first time.
The $108 Bonus Adds More Value at the Start
For many first-time users, a welcome incentive can make the difference between passive interest and actual registration. BM Blockchain’s $108 welcome bonus gives new users a clear reason to explore how the platform works and what cloud-based participation can offer.

In a competitive market, this kind of onboarding benefit can help reduce hesitation, create a stronger first impression, and make the platform feel more worthwhile from the beginning. It also reinforces the broader message that entering crypto does not always need to start with complexity.
Conclusion
The digital asset market is becoming more accessible as user expectations continue to change. More people are now looking for flexible and convenient ways to explore crypto opportunities without the operational burden of traditional mining.
As Bitcoin, XRP, Ethereum, and Dogecoin continue to hold user attention in 2026, cloud-based participation models are becoming increasingly relevant for those who want a simpler route into the market. With its cloud-based structure and $108 welcome bonus for new users, BM Blockchain is positioning itself as a practical choice for people who want to explore digital asset opportunities through a more manageable path.
Economy
NASD Index Starts Week Strong with 0.52% Growth
By Adedapo Adesanya
It was green for the NASD Over-the-Counter (OTC) Securities Exchange on Monday, April 20, as it recorded a 0.52 per cent appreciation.
During the session, the NASD Unlisted Security Index (NSI) added 20.31 points to close at 3,913.46 points compared with last Friday’s 3,893.15 points, and the market capitalisation went up by N12.15 billion to close at N2.341 trillion versus the previous N2.329 trillion.
Yesterday, there were five price gainers led by MRS Oil Plc, which added N19.75 to sell at N217.50 per share compared with the previous price of N197.75 per share. Central Securities Clearing System (CSCS) Plc appreciated by N1.02 to trade at N59.02 per unit versus N58.00 per unit, IPWA Plc grew by 66 Kobo to N7.27 per share from N6.61 per share, Lighthouse Financial Services Plc increased by 7 Kobo to 79 Kobo per unit from 72 Kobo per unit, and Industrial and General Insurance (IGI) Plc chalked up 3 Kobo to sell at 66 Kobo per share versus 63 Kobo per share.
Data from Monday’s trading session showed that the volume of securities traded rose by 86.4 per cent to 245,830 units from 131,870 units, but the value of securities slowed by 37.2 per cent to N11.1 million from N17.8 million, while the number of deals remained unchanged at 24 deals.
The most traded stock by value on a year-to-date basis was Great Nigeria Insurance (GNI) Plc with 3.4 billion units worth N8.4 billion, followed by CSCS Plc with 58.8 million units sold for N4.0 billion, and Okitipupa Plc with 27.8 million units transacted for N1.9 billion.
Similarly, the traded stock by volume on a year-to-date basis was GNI Plc with 3.4 billion units traded for N8.4 billion, trailed by Resourcery Plc with 1.1 billion units valued at N415.7 million, and Infrastructure Guarantee Credit Plc with 400 million units exchanged for N1.2 billion.
Economy
Naira Loses N6 to Trade at N1,349 Per Dollar at Official FX Market
By Adedapo Adesanya
The Naira depreciated against the United States Dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEX) on Monday, April 20, by N6.03 or 0.45 per cent to close at N1,349.67/$1, in contrast to the previous session’s N1,343.64/$1.
In the same vein, the local currency also fell against the Pound Sterling in the trading first session of the week by N2.39 in the official FX market to trade at N1,826.78/£1 compared with the N1,824.39/£1 it was exchanged for last Friday, but appreciated against the Euro by N1.76 to finish at N1,589.38/€1 versus N1,591.14/€1.
A look at the black market window showed that the Nigerian Naira traded flat against the US Dollar yesterday at N1,375/$1, but appreciated by N1 at the GTBank forex counter to sell at N1,354/$1 compared with the preceding session’s N1,355/$1.
The Naira is under pressure from surging international payments at the start of the week, which is expected to put further pressure on the country’s foreign reserve. The reserve is expected to decline further amid fluctuations in crude oil prices in the global commodity market.
The US Dollar is showing slight strength globally due to rising tensions between the US and Iran. Investors are moving towards safer assets like the Dollar because of uncertainty in the Middle East. The situation is tense as Iran has pulled out of talks with the US, and concerns remain about the Strait of Hormuz, an important route for global oil supply.
As for the cryptocurrency market, digital assets were largely up as markets bet on progress in cease-fire talks between Iran and the US, even as the current two-week truce nears its Wednesday deadline.
US President Donald Trump said on Monday that he is not likely to extend it, and market analysts noted that that’s the deadline markets are now trading on.
Solana (SOL) gained 2.0 per cent to sell at $85.64, Bitcoin (BTC) jumped by 1.9 per cent to $75,791.24, Ripple (XRP) increased by 1.9 per cent to $1.43, and Binance Coin (BNB) rose by 1.8 per cent to $630.76.
Further, Ethereum (ETH) improved by 1.7 per cent to $2,311.60, Cardano (ADA) soared by 1.6 per cent to $0.2490, and Dogecoin (DOGE) expanded by 1.3 per cent to $0.0954, while TRON (TRX) depreciated by 0.9 per cent to $0.3286, with the US Dollar Tether (USDT) and the US Dollar Coin (USDC) unchanged at $1.00 apiece.
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