Markets
Agusto & Co. hereby assigns an “A-“ rating to Axxela Funding 1 Plc’s ₦11.5 billion 7-Year 14.3% Fixed Rate Bond Due 2027 and attach a stable outlook.
This rating expires 31 May 2022. Agusto & Co. hereby assigns an “A-” rating to the Axxela Funding 1 Plc’s (“the Issuer”...
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Agusto & Co. affirms the ‘Bbb-’ rating assigned to NOVAMBL Investments SPV Plc’s (‘the Issuer’) ₦10 billion 7-year Fixed Rate Series 1 Subordinated Unsecured Bond, with a stable outlook.
The rating expires on 31 December 2022. Agusto & Co. hereby affirms the “Bbb-” rating assigned to NOVAMBL Investments SPV...
Read moreAgusto & Co. upgrades the rating assigned to Axxela Limited to “A-“ and attach a stable outlook.
This rating expires 30 June 2022. Agusto & Co. hereby upgrades the rating assigned to Axxela Limited (‘Axxela’ or ‘the...
Read moreAgusto & Co. affirms the ‘Bbb’ rating assigned to Nova Merchant Bank Limited, with a stable outlook.
The rating expires on 31 December 2022 Agusto & Co. hereby affirms the “Bbb” rating of Nova Merchant Bank Limited (‘Nova...
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Agusto & Co. affirms FSDH Merchant Bank Limited’s ‘A-’ national rating and assigns a ‘B-’ foreign currency rating, with a stable outlook.
The rating expires on 30 June 2022. Agusto & Co. affirms FSDH Merchant Bank Limited’s (‘FSDH’ or ‘the Bank) national...
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Agusto & Co. assigns an ‘A-’ rating and stable outlook to Linkage Assurance Plc.
The rating expires on 30 June 2022. Agusto & Co. assigns an ‘A-’ rating to Linkage Assurance Plc (‘Linkage’, ‘the...
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Agusto & Co. affirms the ‘A’ rating assigned to FBNQ MB Funding SPV Plc.’s ₦5 billion 3-year 10.5% Fixed Rate Senior Unsecured Bond, with a stable outlook
The rating expires on 30 June 2022. Agusto & Co. hereby affirms the ‘A’ rating assigned to the Series 1...
Read moreAgusto & Co. affirms the ‘A-’ rating assigned to FBNQ MB Funding SPV Plc.’s ₦8 billion 10-year 6.25% Fixed Rate Subordinated Unsecured Bond, with a stable outlook.
Agusto & Co. hereby affirms the ‘A-’ rating assigned to the Series 2 ₦8 billion 10-year Unsecured Bond (“the Issue”...
Read moreAgusto & Co. affirms FBNQuest Merchant Bank Limited’s ‘A’ rating, with a stable outlook.
The rating expires on 30 June 2022. The rating assigned to FBNQuest Merchant Bank Limited (‘FBNQ MB’ or ‘the Bank’)...
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Agusto & Co upgrades the rating of AXA Mansard Money Market Fund (‘AXA Mansard MMF’ or ‘the Fund’) to A+(f).
The rating expires on 23 August 2022. Agusto & Co. upgrades the rating of AXA Mansard Money Market Fund (‘AXA...
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Meet Olabode Agusto, founder of Nigeria’s first credit rating agency
Many people in Nigeria’s business space are familiar with the name Agusto & Co. Ltd, but maybe not with the...
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Agusto & Co. affirms the ‘A-’ rating assigned to Union Bank of Nigeria Plc., with a stable outlook.
The rating expires on 30 June 2022. Agusto & Co. affirms the “A-” rating assigned to Union Bank of Nigeria...
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Agusto & Co. affirms Rand Merchant Bank Nigeria Limited’s ‘Aa-’ rating, with a stable outlook.
The rating expires on 30 June 2022. The rating assigned to Rand Merchant Bank Nigeria Limited (‘RMBN’ or ‘the Bank’)...
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Agusto & Co. assigns a “Bbb-” rating to Globus Bank Limited, with a stable outlook
The rating expires on 30 June 2022. The rating assigned to Globus Bank Limited (“Globus Bank” or “the Bank”) is...
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Agusto & Co. affirms the A(f) rating assigned to First Ally Money Market Fund
The rating expires on 12 March 2022 The rating reflects the Fund’s low exposure to credit, interest rate and liquidity...
Read moreAgusto and Co. affirms the “BBB+(IM)” rating assigned to First Ally Asset Management Limited
The rating expires on 9 July 2022. The rating reflects the strength of the Manager’s Board of Directors, adequately experienced...
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Lagos calls for patience over CMS-Marina rehabilitation
The Special Adviser to the Lagos State Governor on Central Business Districts, Mr Olugbenga Oyerinde, has appealed for patience and...
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Agusto & Co. affirms the “A+” rating and stable outlook assigned to Zenith General Insurance Company Limited
The rating expires on 30 June 2022. Agusto & Co. affirms the ‘A+’ rating assigned to Zenith General Insurance Company...
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Agusto & Co. hereby assigns a BBB-(IM) rating to Alpha Morgan Capital Managers Limited , with a stable outlook.
The rating expires on 1 August 2022. Agusto & Co. hereby assigns a BBB-(IM) rating to Alpha Morgan Capital Managers Limited (‘Alpha...
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Agusto & Co. affirms Parthian Partners Limited’s ‘Bbb‘ rating
The rating expires on 30 June 2022 Agusto & Co. hereby affirms the “Bbb” rating assigned to Parthian Partners Limited...
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Agusto & Co. hereby affirms the ‘A-’ rating assigned to United Capital Plc
The rating expires on 30 June 2022 Agusto & Co. hereby affirms the ‘A-’ rating assigned to United Capital Plc (“United...
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Agusto & Co. affirms the ‘Aaa(NG)’ rating to Nigeria Mortgage Refinance Company Plc’s Series II ₦11 billion Fixed-Rate Secured Bond
The rating expires on 15 March 2022 Agusto & Co. affirms the “Aaa(NG)” rating assigned to the Series II ₦11...
Read moreAgusto & Co. upgrades Nigeria Mortgage Refinance Company Plc’s rating to ‘Aa-’
The rating expires on 30 June 2022 Agusto & Co hereby upgrades the rating assigned to Nigeria Mortgage Refinance Company...
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Anticipated $3.4bn SDRs from IMF, $6.2bn Eurobond Issuance Lift Naira at BDC, Parallel Markets
Despite the suspension of supply of foreign exchange sales to Bureau De Change (BDCs) by the Central Bank of Nigeria...
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Agusto & Co. affirms the ‘A+’ rating assigned to Coronation Merchant Bank Limited, with a stable outlook.
The rating expires on 30 June 2022. Agusto & Co. affirms the ‘A+’ rating assigned to Coronation Merchant Bank Limited...
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