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Tag "Credit Rating"

Fitch upgrades Nigeria’s credit outlook to positive, cites economic reforms

    Fitch upgrades Nigeria’s credit outlook to positive, cites economic reforms

Fitch, a global rating agency, has reviewed Nigeria’s outlook to positive from stable. A credit rating is a measure of how likely a company or government entity can pay back

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Moody’s upgrades Nigeria’s outlook to positive, cites Tinubu’s economic reforms

    Moody’s upgrades Nigeria’s outlook to positive, cites Tinubu’s economic reforms

Moody’s, a US-based rating agency, has revised its outlook for Nigeria from stable to positive. A credit rating is a measure of how likely a company or government entity can

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Olabode Agusto, Nigerian credit rating pioneer, is dead

    Olabode Agusto, Nigerian credit rating pioneer, is dead

Olabode Agusto, the founder of Agusto & Co. Limited, Nigeria’s first credit rating agency, is dead. A source at the company confirmed the development to TheCable on Thursday. Agusto passed

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EXPLAINER: Credit ratings in Nigeria and why it matters

    EXPLAINER: Credit ratings in Nigeria and why it matters

Last month, Moody’s Global Services concluded plans to acquire a 51 percent majority stake in Global Credit Rating Company Limited (GCR) to boost Africa’s credit rating sector and provide a

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S&P Ratings: First Bank board changes addressed corporate governance gaps

  S&P Ratings: First Bank board changes addressed corporate governance gaps

S&P Global Ratings, an American credit rating agency, says changes on the boards of First Bank of Nigeria Limited (FBN)

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Adesina: Moody’s AAA rating a validation of AfDB’s strength

  Adesina: Moody’s AAA rating a validation of AfDB’s strength

Akinwumi Adesina, president of African Development Bank (AfDB) Group, says the bank’s AAA rating by Moody’s is a validation of

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Nigerian banks have been investing heavily in T-bills, says Fitch

  Nigerian banks have been investing heavily in T-bills, says Fitch

Global credit rating agency, Fitch, says Nigerian banks averaged a 7.5% margin on treasury bill (T-bills) yields in the first

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