Announcements

Tagged in: Nigeria

Lagos Nigeria, 18 January 2021 – Global Credit Ratings has affirmed the national scale financial strength rating assigned to Custodian Life Assurance Limited of A(NG),…

Announcements Financial Institutions Rating Alerts

GCR Affirms AIICO Capital Limited Rating of BBB+_(NG)(mq); Outlook Stable

Jan 18, 2021

Tagged in: Nigeria

Lagos Nigeria, 18 January 2021 – Global Credit Ratings has affirmed the manager quality rating of BBB+(NG)(mq) assigned to AIICO Capital Limited; with the outlook…

Announcements Financial Institutions Rating Alerts

GCR Accords FSDH Funding SPV Plc Series 1 (Tranche A and Tranche B) Bonds Indicative Ratings

Jan 15, 2021

Tagged in: Nigeria

Lagos Nigeria, 15 January 2021–Global Credit Ratings has accorded an indicative rating of BBB(NG) and A-(NG) to FSDH Funding SPV PLC’s Series 1 Tranche A…

Announcements Financial Institutions Rating Alerts

GCR Accords AIICO Money Market Fund A National Scale Rating of A+_(NG)(f); Outlook Stable

Jan 15, 2021

Tagged in: Nigeria

Lagos Nigeria, 15 January 2021–Global Credit Ratings accords a national scale fund rating of A+(NG)(f) to AIICO Money Market Fund; with the outlook accorded as…

Announcements Corporate Rating Alerts

GCR downgrades Gombe State Government of Nigeria’s National Scale Rating to BB+_(NG); Outlook: Stable

Jan 15, 2021

Tagged in: Nigeria

Lagos, 15 January 2021 — Global Credit Ratings has downgraded the long term national scale rating assigned to Gombe State Government of Nigeria to BB+(NG),…

Announcements Corporate Rating Alerts

GCR upgrades Ondo State Government of Nigeria’s National Scale Rating to BBB_(NG); Outlook: Stable

Jan 15, 2021

Tagged in: Nigeria

Lagos, 15 January 2021 — Global Credit Ratings has upgraded the national scale long term Issuer rating of Ondo State Government of Nigeria to BBB(NG),…

Announcements Corporate Rating Alerts

GCR Assigns Family Homes Funds Limited an Initial Issuer Rating of BBB-_(NG); Outlook Stable.

Jan 15, 2021

Tagged in: Nigeria

Lagos Nigeria, 15 January 2021 — Global Credit Ratings has assigned national scale Issuer ratings of BBB-(NG) and A3(NG) in the long term and short…

Announcements Corporate Rating Alerts

GCR affirms Nasarawa State Government of Nigeria’s National Scale Rating of BBB-_(NG); Outlook Stable

Jan 15, 2021

Tagged in: Nigeria

Lagos, 15 January 2021 — Global Credit Ratings has affirmed the long term national scale Issuer rating assigned to Nasarawa State Government of Nigeria of…

Announcements Insurance Rating Alerts

Expiry of Nigeria Reinsurance Corporation’s Ratings

Jan 15, 2021

Tagged in: Nigeria

Lagos Nigeria, 15 January 2021—The national and international scale claims paying ability ratings of BBB+(NG) and B respectively, assigned to Nigeria Reinsurance Corporation (“Nigeria Re”)…

Announcements Corporate Rating Alerts

GCR affirms Aarti Steel Nigeria Limited’s National Scale Rating of BB+_(NG); Rating Watch.

Jan 15, 2021

Tagged in: Nigeria

Lagos Nigeria, 15 January 2021 — Global Credit Ratings has affirmed the long term and short term national scale Issuer ratings of BB+(NG) and A3(NG)…