30 results
- 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,…
- 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…
- 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…
- 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-”.…
- 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…
- 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…
- 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…
- 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…
- 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…
- 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…
- 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…
- 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…
- 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)…
- 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.
- 27 Aug 2021
Agusto & Co: Elevated CRR Level Moderated Banking Industry’s Performance in FY 2020
The Nigerian banking industry would have recorded a return on average equity (ROE) of 31.6 per cent if not for the aggressive implementation of the cash reserve requirement (CRR) policy in 2020,…
- 1 Jul 2024
Agusto & Co. Foresees Robust Growth in Managed Assets, to Surpass N10tn by 2025
Credit rating agency, Agusto & Co., has projected that managed assets in the country will witness an average annual growth rate of 32.4 per cent over the next two years. The firm noted that while…
- 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…
- 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…
- 2 Dec 2020
Agusto & Co. Assigns an ‘A’ Rating to Fidelity Bank Plc with a Stable Outlook
Agusto & Co. has assigned an ‘A’ rating to Fidelity Bank Plc (‘Fidelity Bank’ or ‘the Bank’). The rating assigned reflects Fidelity Bank’s strong industry position as evidenced by its leading…
- 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…
- 5 Jul 2019
Agusto & Co. Assigns an “A+” Rating to Coronation Merchant Bank
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…
- 10 Sept 2019
Agusto & Co. Assigns “Bbb-” Rating and a Negative Outlook to Mixta Real Estate
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…
- 25 Jan 2026
First Asset Management Receives Upgraded Ratings from Agusto &Co and DataPro
First Asset Management, a subsidiary of FirstHoldCo Plc has recorded a significant milestone as its rating was upgraded to ‘AA’ from ‘AA-’ by DataPro, reflecting the firm’s strong fundamentals and…
- 19 Aug 2020
Telecom Services Playing a New “Super-Utility Role” in the COVID-19 Era - Agusto & Co
The global evolution from voice and short message service (SMS) to data services has continued to disrupt traditional telecommunications business models globally. This has been amplified during the…
- 10 Sept 2021
Agusto & Co: The State of the Nigerian Electric Power Industry
As the Electric Power Industry (the Industry) announced yet another review of electric tariffs in January 2021, after much deliberation and delays, a key question that comes to mind is ‘will a rise…
- 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…