30 results
- 26 Aug 2022
Agusto, GCR Affirm ‘AAA’ Long Term Credit Rating of InfraCredit
For the fifth consecutive year, rating agencies, Agusto & Co (“Agusto”) and Global Credit Ratings (“GCR”) re-affirmed the “AAA” credit rating of Infrastructure Credit Guarantee Company Limited…
- 21 Feb 2022
Agusto says Nigerian Insurance Industry Resilient Amid Challenges
The Nigerian insurance industry has remained resilient despite challenges in the economy, according to a report by Agusto& Co. Limited. Agusto & Co., a pan-African credit rating agency and…
- 23 Feb 2026
TAJBank Secures A1 Ratings from Agusto, Datapro
TAJBank Limited has received A1 credit ratings from Agusto & Co and Datapro, marking an upgrade from the Bbb+ rating assigned by Agusto about two years ago and placing the non-interest lender…
- 6 Nov 2023
Odu’a Investment Receives “A” Rating from Agusto & Co
Agusto & Co. has assigned Odu’a Investment Company Limited (OICL), an “A” rating with a stable outlook. The rating acknowledged OICL’s strong financial standing as a standalone entity. Agusto…
- 1 Aug 2022
Agusto & Co Affirms Parthian Partners’s ‘Bbb’ Rating
Agusto & Co Limited has affirmed the “Bbb” rating assigned to leading Nigerian inter-dealer broker, Parthian Partners Limited (PPL) with a stable outlook for the year 2022/2023. Agusto & Co,…
- 22 Jul 2022
Agusto & Co. Assigns “BBB” Credit Rating with a Stable Outlook to Greenwich Merchant Bank
Greenwich Merchant Bank Limited has been rated “BBB” with a Stable Outlook by Agusto & Co.’’ According to Agusto & Co, “this rating reflects Greenwich Merchant Bank’s adequate capitalization,…
- 28 Jul 2026
S&P Global Acquires Agusto & Co. to Strengthen Credit Ratings Across Africa
S&P Global has agreed to acquire a majority stake in Agusto & Co., one of Africa’s oldest and largest domestic credit rating agencies, in a move that signals growing international interest in…
- 12 Mar 2021
Agusto & Co. 2021 Nigerian Insurance Industry Report: Forging Ahead Despite Headwinds
Agusto & Co. Limited, the pan-African credit rating agency and the foremost business information provider has released its 2021 insurance industry report. The 2021 edition of the annual report…
- 2 Aug 2021
Agusto & Co Assigns ‘AAA’ Rating, Stable Outlook on DBN
Agusto & Co., a credit rating agency assigns an “AAA” rating on the Development Bank of Nigeria Plc, DBN, the highest rating possible on any institution. In summarizing the rating, which…
- 16 Dec 2019
Agusto and Co Announces Retirement of Vivien Shobo Its Chief Executive Officer
Agusto & Co, Nigeria’s foremost Credit Rating Agency, has announced the retirement of its Chief Executive Officer - Vivien Shobo, effective 31 December 2019. Vivien Shobo Following over two…
- 21 Jul 2021
Agusto, GCR Affirm InfraCredit’s ‘AAA’ Long Term Credit Ratings
Rating agencies, Agusto & Co and Global Credit Ratings (GCR) have re-affirmed the “AAA” credit rating of Infrastructure Credit Guarantee Company Limited (InfraCredit), specialised infrastructure…
- 17 Feb 2023
Agusto & Co Reveals Insurance Industry is Poised to Survive Weak Macro Economy
Pan-African credit rating agency and business information provider, Agusto & Co. Limited, has predicted that the insurance industry will survive the weak macro economy and continue its steady…
- 11 Feb 2019
Agusto & Co Assigns a ‘Bb‘ Rating to the Nigerian Insurance Industry
Agusto & Co Limited, leading Pan African credit rating agency in Nigeria for over 26 years has assigned a “Bb“ rating to the Insurance Industry in its newly published 2019 Nigerian Insurance…
- 6 Jan 2023
Agusto Upgrades Wema Bank Funding SPV Series II Bond to ‘Bbb+’ with Stable Outlook
Ratings agency Agusto & Co. has upgraded Wema Bank Funding SPV Plc’s Series II Bond to ‘Bbb+’, with a stable outlook, from the previous ‘Bbb’ score. The Issuer is a Special Purpose Vehicle (SPV)…
- 9 Nov 2020
Agusto & Co Unveils its 2020 Consumer Digital Banking Satisfaction Survey
Credit Rating Agency, Agusto & Co has launched the third edition of its consumer banking satisfaction index which dissects the level of customer satisfaction towards digital banking channels in…
- 4 Nov 2019
Agusto & Co. Assigns ‘4 star’ Ratings to Two Banks in Nigeria
Agusto & Co Limited, leading Pan African credit rating agency in Nigeria for over 26 years has released its 2019 Consumer Digital Banking Satisfaction Index report which highlights customer's…
- 12 Apr 2021
Accelerex Gets Investment Grade Credit Ratings from Agusto & Co, GCR
Global Accelerex, the Nigerian subsidiary of Accelerex Holdings Mauritius (Accelerex) has been assigned A- (stable outlook) credit rating by Agusto & Co and A2NG (short term, stable outlook)…
- 5 Sept 2025
Agusto & Co. Assigns “A1” Ratings to Heirs Insurance Group’s Life, General Businesses
Agusto & Co., Nigeria’s leading credit rating agency, has assigned strong ratings to the Life and General businesses of Nigeria’s fastest growing insurance group, Heirs Insurance Group. Heirs…
- 5 Dec 2023
Agusto, DataPro Upgrade DLM Capital Group Ratings
The credit ratings of Development Investment Bank, DLM Capital Group, has been upgraded by DataPro and Agusto, following an improvement in the Groups credit risk and liquidity risk management. DLM…
- 24 Jul 2019
Agusto& Co. Assigns a ‘Bb’ Rating to SunTrust Bank Nigeria
Nigeria’s first credit Rating Agency and a pan African leader in credit reports, Agusto & Co. limited whose strong credibility presence and ratings are globally accepted in Nigeria, and across…
- 7 Sept 2022
Agusto & Co. Affirms “A” Rating, Stable Outlook for FBNQuest
FBNQuest Merchant Bank, the investment banking and asset management subsidiary of FBN Holdings Plc, has once again received an “A” rating from Agusto & Co., which affirms the Merchant Bank’s…
- E-Financial18 Aug 2026
Agusto & Co Withdraws A-credit Rating on Geregu Power Over Bond Default
Agusto & Co has withdrawn the ‘A-’ credit rating it assigned to Geregu Power Plc and its N40.09 billion Series 1 Senior Unsecured Bond following the company’s default on the bond’s eighth coupon payment and fourth principal repayment.
- 17 May 2021
Agusto & Co Says Diaspora Remittances to Nigeria to Hit $22bn in 2021
Credit rating agency, Agusto & Co has projected that Nigeria’s diaspora remittances will reach $22 billion by 2021, representing a year-on-year (Y-o-Y) rise of five per cent. The Lagos-based firm…
- 8 Aug 2022
Agusto Assigns “Bbb” Rating to Comercio Partners
Agusto & Co, a foremost rating agency, has assigned a “Bbb” rating to Comercio Partners Limited, CPL. In a statement announcing the rating, Augusto said: “The rating reflects CPL’s low leverage,…
- 8 Aug 2019
Agusto & Co. Assigns UBA Aa- Rating
Agusto & Co. Limited, Nigeria’s premier credit rating agency, known for its credible presence in credit analysis globally, has scored United Bank for Africa (UBA) Plc with a rating of “Aa-”.…
- 7 Aug 2019
Agusto & Co. Assigns a “Aa-” Rating to United Bank for Africa Plc
Nigeria’s first credit Rating Agency and a pan African leader in credit reports, Agusto & Co. limited whose strong credibility presence and ratings are globally accepted in Nigeria, and across…
- 12 Jan 2013
Stanbic IBTC Money Market Fund is Safe Investment Vehicle- Agusto & Co
Stanbic IBTC Money Market Fund which is managed by Stanbic IBTC Asset Management has been rated a safe investment vehicle with minimal exposure to downside risk, for the second year in a row. Agusto…
- 6 Dec 2018
Agusto & Co. Assigns an “A-” Rating to Linkage Assurance Plc
Nigeria’s first credit Rating Agency and a pan African leader in credit reports, Agusto & Co. limited whose strong credibility presence and ratings are globally accepted in Nigeria and across the…
- 3 May 2020
Agusto & Co Says Banks Will Reap Higher Income From Digital Platforms
Agusto & Co. has predicted that more bank customers would embrace digital banking platforms which could result in higher electronic banking income for the financial institutions. The pan-African…
- 5 Jun 2020
Agusto Affirms Coronation Merchant Bank’s Rating at A+ with Stable Outlook
Coronation Merchant Bank remains one of the top rated merchant Banks in Nigeria as shown by the recently released Rating Report by Agusto&Co , a foremost rating agency in Nigeria. In the Report,…