Fitch revises CoronationMB’s National Long-Term Rating to ‘BBB+ (nga); Affirms IDR rating at ‘B-‘
Fitch Ratings has revised the National Long-Term Rating of Coronation Merchant Bank to ‘BBB+ (nga)’ from ‘BBB (nga)’.
Learn More
Hassle-free tuition payments
Process your FX needs with ease: with the required documents, you can now purchase foreign currency at Coronation Merchant Bank.
Learn More
Putting you ahead of the world
Delivering customised Trade Solution is how we give you the edge over your competition.
Learn More
Welcome to our world
As a platform for improving lives, our aim is to drive the growth that enables businesses to thrive, economies grow, and ultimately, helps people fulfil their hopes and realise their ambitions.
Learn More
Previous
Next

International Trade

We provide tailor-made solutions to your varied trade needs

Corporate Banking

Making banking invisible to enable you focus on the things that really matter

Investment Banking​

Build and manage your wealth with our team of experts

Treasury & Global Markets​

We provide liquidity Management with a variety of products

  • NIGERIA WEEKLY

    Nigerian Stocks: Worth a second look
    SEPTEMBER 27, 2021

    Now that we are almost three-quarters through the year, Nigeria stock market investors might want to take a look at what factors and sectors have driven the market’s performance and why.
    Learn more

  • NIGERIA WEEKLY

    Taking stock of the LDR policy
    SEPTEMBER 20, 2021

    In 2019, the Central Bank of Nigeria decided to introduce a policy that, in its view, would stimulate the economy while keeping monetary policy tight. A little over two years after its implementation, we examine the impact of the LDR policy on the banks and the overall economy.
    Learn more

  • NIGERIA WEEKLY

    Nigerian Banks: H1 2021 Scorecard
    SEPTEMBER 13, 2021

    The scorecard for the listed banks that have reported their H1 results is mixed. We believe that it is a matter of timing changes in interest rates and that Q3 is likely to be a better story than Q2 and H1.
    Read on for the answers

  • NIGERIA WEEKLY

    Interest rates and banks’ margins
    SEPTEMBER 6, 2021

    At the end of the second quarter of the year we wrote about how Nigerian banks were moving lending rates in order to accommodate rising market interest rates (see Coronation Research: Nigerian Banks, Resilience Built In, 25 June). Since then market interest rates, and interbank lending rates, have been falling. This suggests margin expansion for banks, as well as support for those banks that rely on the interbank market for funds.
    Learn more

Fitch affirms Coronation Merchant Bank’s rating at B-

Coronation Merchant Bank emerged the first and only internationally rated merchant bank in Nigeria as shown by the recently released Rating Report by Fitch.Learn more

Nigerian Banks: Resilience built in

With Nigeria’s population set to reach 400 million by 2050, unlocking credit for the country’s small holder farmers currently contributing almost 30% of Nigeria’s GDP is the game-changer set to ensure Nigeria’s future food security.
Read more

Sign up to get our Insights delivered to your inbox

See how we can help you secure the future

  • Securities Advisory

    Securities Advisory

    We act as stockbrokers for primary issues, intermediating between new and existing clients and the Nigerian Stock Exchange (NSE) in the process leading to seamless capital raising, while ensuring total compliance with listing regulations.
    Read More
  • Corporate Trust

    Corporate Trust

    Our corporate trust partner's services are tailored to institutional clients with the role to hold assets and protect the interest of transacting parties.
    Read More
  • Corporate Banking

    Corporate Banking

    The Corporate Banking Division is responsible for Coronation Merchant Bank’s largest clients with unique and often complex banking needs. We aim to deliver the best possible products and services, at the lowest possible costs, and with minimal risk to our client.
    Read More
  • Investment Banking

    Investment Banking

    We support a wide range of corporates, governmental departments and other institutions by offering our best-in-class strategic / financial advisory capabilities, capital market solutions and innovative project financing structures.
    Read More
  • International Trade

    International Trade

    We provide wide-ranging solutions to the trade needs of our clients whilst mitigating intrinsic risk in global trade transactions. Our correspondent relationship span across West Africa, Europe and America.
    Read More
  • Brokerage

    Brokerage

    We provide a seamless and efficient platform to execute purchases and sales of Nigerian equities and equity-related products listed on the NSE.
    Read More
  • Private Trust

    Private Trust

    Our estate planning services help our clients consolidate their wealth and be better positioned to seamlessly pass on their legacy to their loved ones.
    Read More
  • Alternative Investments

    Alternative Investments

    We provide access to trade derivative products on the Nigerian bourse, which includes Exchange Trade Funds and hedging/speculative products.
    Read More
  • Mutual Funds

    Mutual Funds

    Whether you are investing for the short or long term, our mutual funds provide you with a wide array of investment options to help you grow your wealth.
    Read More
RATES FOR TODAY
CCYBIDOFFER
USD/NGN415.53416.53
GBP/NGN563.90572.40
EUR/NGN471.70478.80
JPY/NGN3.503.70
ZAR/NGN27.5027.90
CAD/NGN331.00336.00

Daily Market Wrap​

Equities: Banking bellwethers hovering around support

Bulls sustain charge on local equities

IndicatorsCurrentChange (%)YTD 
All-Share Index41,763.260.14%3.71% 
Volume(millions)510.19135.98%67.93 bn units 
Value(₦ ‘b)5.8673.47%696.71 billion 
Market Cap.(₦ ‘tr)21.790.14%3.50% 
Download Price List

Updated:Fri, 22nd October, 2021 11:10pm

Download Price List

Updated: Wed, 3rd July, 2019 at 7:30am

Interested in joining us?

Whether you are just starting out or looking to take that next step in your career, Coronation Merchant Bank offers you an opportunity to make meaningful impact and achieve your ambitions. Do you have what it takes?

Learn More

+234 (0)1-2797640-43

Facebook Twitter Linkedin Instagram
Our Services
About Us
Customer Experience
  • © 2021 Coronation Merchant Bank

+234 (0)1 236 6217

Investment Corporate Global Treasury International Trade
Who we are Sustainability Corporate Governance Leadership
Complaint Handling Policy Contact Service Feedback Form
  • © 2021 Coronation Bank
  • Terms & Conditions
  • Privacy Policy
  • Customer Complaints
Personal Internet Banking
Corporate Internet Banking
  • Featured
Year Ahead-Re-risking the financial system

Year Ahead 2020: Re-risking the financial system

Oil prices: In a global oil market threatened with over-supply, it appears that OPEC, and its ally Russia, are doing a good job of limiting production.

Read More
  • Featured
Year Ahead-Re-risking the financial system

Year Ahead 2020: Re-risking the financial system

Oil prices: In a global oil market threatened with over-supply, it appears that OPEC, and its ally Russia, are doing a good job of limiting production.

Read More
  • Featured

Follow us on Social

Get the latest market insights from Coronation Bank on social media.

Facebook Instagram Linkedin Twitter Youtube