Lagos, 22 September 2022 – GCR Ratings (“GCR”) has placed Niger State Government’s long-term and short-term national scale Issuer ratings of BBB-(NG) and A3(NG) respectively on ‘Review Extension’. Concurrently, GCR has placed the national scale long-term Issue rating of A-(NG) accorded to Niger State Government’s Tranche 1 N9bn Fixed Rate Bond on ‘Review Extension’. The ratings process...
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