Markets
Agusto & Co. upgrades the Bank of Industry Limited’s rating to ‘Aaa’, with a stable outlook.
The rating expires on 30 September 2022. Agusto & Co. upgrades the rating assigned to the Bank of Industry Limited...
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Accelerating Digital Transformation of SMEs in Africa Through Marketing Technology
Collins Oforgu, CEO of Evaluate Media, Nigeria’s leading Marketing Technology company, writes about accelerating digital transformation through Martech, detailing the...
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Agusto & Co. affirms the ‘Bbb+’ rating assigned to Unitrust Insurance Company Limited, with a stable outlook.
The rating expires on 30 June 2022. Agusto & Co. hereby affirms the ‘Bbb+’ rating assigned to Unitrust Insurance Company Limited...
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Agusto & Co. Hereby Assigns An ‘A+’(F) Rating To AIICO Money Market Fund
Rating expires on 31 December 2021. Agusto & Co. hereby assigns an ‘A+’(f) rating to AIICO Money Market Fund (‘AIICO MMF’ or...
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Agusto & Co. Upgrades The Rating Of CardinalStone Partners Group To ‘Bbb’
The rating expires on 30 June 2022. Agusto & Co. hereby upgrades the rating of CardinalStone Partners Group (“CSPG” or...
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How eNaira will affect banking sector -Economists
Economists have said that the eNaira, when rolled out, will have far-reaching implications for the future of the banking sector...
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Agusto & Co. affirms the “Bbb” rating assigned to Wema Funding SPV Plc’s Series II ₦17.7 billion bond
The rating expires on 10 September 2022. Agusto & Co. affirms the ‘Bbb’ rating assigned to the Series II ₦17.7...
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Agusto & Co. upgrades Jaiz Bank Plc’s rating to ‘Bbb’, with a stable outlook
The rating expires on 30 June 2022. Agusto & Co. upgrades the rating assigned to Jaiz Bank Plc (‘Jaiz Bank’...
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Agusto & Co. upgrades the rating of United Capital Plc’s ₦10 billion Five-Year Senior Unsecured Fixed Rate Series I Bond to ‘A-‘
The rating expires on 29 May 2022. Agusto & Co. hereby upgrades the rating assigned to United Capital Plc.’s (‘United...
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Firm urges FG to boost support for renewable energy
A renewable energy company in Nigeria, Gennex Technologies, has highlighted the need for the Federal Government to step up its...
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Growing cryptocurrency adoption poses risk to global economy – IMF
The International Monetary Fund has said the growing adoption of cryptocurrencies poses risks to the global economy. The IMF said...
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Kenya gets “B+” Sovereign Rating, stable outlook from Agusto and Co.
Kenya has been assigned a “B+” rating from Agusto & Co. Limited, a Pan-African Credit Rating Agency and a leading...
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Kenya’s GDP’s Growth Is Expected To Rise To 3.8% In 2021
Kenya’s Growth Domestic Product (GDP) is expected to recover to 3.8 percent in 2021 according to a credit report done...
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Agusto & Co maintains the A-(f) rating assigned to EDC Nigeria Money Market Fund
The rating expires on 22 September 2022. Agusto & Co. maintains the A-(f) rating assigned to EDC Nigeria Money Market...
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Agusto & Co. upgrades the foreign currency rating of AFC to ‘Aa’ with a stable outlook.
The rating expires on 30 June 2022. Agusto & Co. hereby assigns the ‘Aa’ (foreign currency), ‘S2’ (short-term foreign currency) and ‘Aaa’ (national) ratings to...
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Agusto & Co. hereby assigns Citihomes Finance Company Limited an “SR3” rating
The rating expires on 5 July 2022 Agusto & Co. hereby assigns Citihomes Finance Company Limited (“Citihomes” or “the Servicer”) an...
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Agusto & Co. assigns a ‘Bbb+’ rating to WSTC Financial Services Limited
The rating expires on 31 March 2022 Agusto & Co. hereby assigns a “Bbb+” rating to WSTC Financial Services Limited (“WSTC”...
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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. assigns a BBB-(IM) rating to AVA Global Asset Managers Limited (AVA GAM or ‘the Manager’).
The rating expires on 9 February 2022. The assigned rating reflects the Manager’s multilayered oversight structure, a good process for generating timely research output, as...
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Agusto & Co assigns an A(f) rating to ValuAlliance Money Market Fund (‘ValuAlliance MMF’ or ‘the Fund’)
The rating expires on 2 March 2022. The rating is upheld by the Fund’s low exposure to credit, liquidity and...
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Agusto & Co. hereby upgrades the rating of Chapel Hill Denham Money Market Fund to A+(f)
The rating expires on 15 March 2022. The upgrade is supported by the Fund’s adherence to all the regulatory requirements...
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Agusto & Co. hereby affirms the A(f) rating assigned to Coral Money Market Fund (‘Coral MMF’ or ‘the Fund’).
The rating expires on 15 April 2022 The rating is supported by the Fund’s conservative credit stance in a period...
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Agusto & Co assigns a Bbb-(f) rating to GDL Money Market Fund
The rating expires on 10 May 2022 Agusto & Co assigns a Bbb-(f) rating to GDL Money Market Fund (‘GDL MMF’ or ‘the...
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Agusto & Co affirms the A-(f) rating assigned to Zenith Money Market Fund
The rating expires on 18 March 2022. Agusto & Co affirms the A-(f) rating assigned to Zenith Money Market Fund (‘Zenith MMF’...
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Agusto & Co. assigns an A-(f) rating to Abacus Money Market Fund.
The rating expires on 27 May 2022. Agusto & Co. assigns an A-(f) rating to Abacus Money Market Fund (“the Fund” or...
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