Lagos, 30 November 2022 – GCR Ratings (“GCR”) has suspended the national scale long-term and short-term Issuer ratings of BBB(NG) and A3(NG) respectively accorded to Ondo State Government (“Ondo” or “the State”), without review. No information has been received and therefore a review of the ratings cannot be finalised as a result of GCR’s information...
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