30 results
- 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…
- 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 Oct 2021
Fairmoney Receives Investment Grade Ratings from Global Credit Ratings
FairMoney Nigeria, a digital bank, has obtained investment-grade ratings, BBB (NG) Long Term, and A3 (NG) Short Term with a stable outlook by Global Credit Rating (GCR). The assigned ratings were…
- 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)…
- 15 Apr 2021
Accelerex Gets Investment Grade Credit Ratings from GCR
Global Accelerex, the Nigerian subsidiary of Accelerex Holdings Mauritius (Accelerex) has been assigned A-Credit rating by Agusto & Co and A2NG (short term, stable outlook) credit rating by…
- 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…
- 13 Dec 2018
Nigeria’s OneFi Secures First Ever Credit Rating for an African Fintech
One Finance Limited (OneFi) announces that is has been assigned a “BB” rating with a Stable outlook, from Global Credit Rating Co. The company behind Paylater, Nigeria's leading digital financial…
- 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Agusto & Co has withdrawn the ‘A-’ credit rating it assigned to Geregu Power Plc and its N40.09 billion Series 1 Senior Unsecured Bond following the company’s default on the bond’s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.
- 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,…
- 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…
- 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-”.…
- 31 Dec 2012
Fitch, GCR Give UBA Good Ratings
United Bank for Africa (UBA) Plc, has been given impressive rating by two top world leading rating agencies, Global Credit Rating Co. (GCR) and Fitch Ratings (Fitch). Nasir Ramon, bank’s head of…
- 31 Dec 2012
Fitch, GCR Give UBA Good Ratings
United Bank for Africa (UBA) Plc, has been given impressive rating by two top world leading rating agencies, Global Credit Rating Co. (GCR) and Fitch Ratings (Fitch). Nasir Ramon, bank’s head of…
- 8 Sept 2022
GCR Upgrades Greenwich Merchant Bank’s Credit Rating to “BBB” With A Stable Outlook
Greenwich Merchant Bank Limited’s Credit Rating has been upgraded from “BBB-“ to “BBB” with a stable outlook by the Global Credit Rating (GCR). This is in addition to the rating “BBB” assigned by…
- 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…
- 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…
- 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…
- 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…
- 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…
- 13 Dec 2023
TAJBank Earns Highest Credit Ratings in NIB Sector
TAJBank Limited, Nigeria’s leading non-interest banking services provider, has again set a record with Bbb+ rating by the foremost rating agency – Agusto & Co -, thereby making the fast-growing…
- 14 Apr 2019
NOVA Merchant Bank Rated Investment Grade by 2 Leading Rating Agencies
NOVA Merchant Bank Limited, in yet another milestone, has received an investment grade rating from both Agusto & Co (Bbb) and Global Credit Ratings (BBB-). This is in furtherance of its…
- 14 Jul 2016
Fitch Affirms UBA’s Viability Rating as Agusto Upgrades Rating to “Aa”
Fitch International, one of the foremost global rating agencies has affirmed United Bank for Africa (UBA) Plc’s viability rating at “B”, as the Pan-African banking group continue to sustain its…
- 10 Feb 2025
AFC Seals $400m Shariah-Compliant Deal
Africa Finance Corporation (AFC), the continent’s infrastructure solutions provider, has successfully closed a $400 million Shariah-compliant Commodity Murabaha facility, marking its strategic return…
- 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 Mar 2019
OneFi Secures $5M Debt Facility from Lendable
One Finance Limited has announces that it has secured a $5M debt facility for its consumer facing platform, Paylater. The facility comes from New York and Nairobi-based Lendable, a technology-enabled…
- 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…
- 6 Feb 2012
Stanbic IBTC Money Market Fund Rated Aa(f)
Stanbic IBTC Money Market Fund, one of the six Mutual Funds managed by Stanbic IBTC Asset Management Limited and regulated by the Securities & Exchange Commission (“SEC”) has recently…
- 5 Nov 2013
Lagos to Raise N87.5bn from Capital Market
Ayo Gbeleyi, commissioner for Finance, Lagos State has said that the state government has received clearance from the Securities and Exchange Commission (SEC) to open a seven-year N87.5 billion bond.…
- 27 Aug 2020
Vivien Shobo Recognized as Icon of the Year @ 2020 African Banker Awards
The African Banker Awards has recognized Nigeria’s Vivien Shobo as winner of the African Banker Icon Award 2020, in acknowledgement of her outstanding work and exemplary career during her tenure as…
- 22 Nov 2021
FairMoney MFB Rallies Stakeholders to Investors Conference in Lagos
FairMoney Microfinance Bank, Nigeria’s leading digital bank, has rallied stakeholders in the financial sector to a one day investors conference aimed at discussing the financial technology landscape…