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Category: Corporate

Announcements Corporate Public Entities Rating Alerts

GCR places Lagos State Government’s national scale Issuer ratings ‘Under Review’

Jan 22, 2021
Tagged in: Nigeria
Lagos, 22 January 2021 — Global Credit Ratings has placed Lagos State Government’s long term national scale Issuer ratings of A+(NG) ‘Under Review’. Concurrently, the…
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Announcements Corporate Rating Alerts

GCR Downgrades C&I Leasing Plc’s Series 1 Bonds rating to BBB+(NG); Outlook Negative

Jan 15, 2021
Tagged in: Nigeria
Lagos Nigeria, 15 January 2021 — Global Credit Ratings has downgraded the national scale rating assigned to C&I Leasing Plc’s Series 1 Senior Secured Bonds…
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Announcements Corporate Indicative Rating Actions Rating Alerts

GCR Accords an Indicative Rating of BBB+(NG) to Proposed C&I Leasing Plc’s Series 2 Bonds.

Jan 15, 2021
Tagged in: Nigeria
Lagos Nigeria, 15 January 2021 — Global Credit Ratings has accorded an indicative national scale rating of BBB+(NG) to proposed C&I Leasing Plc’s Series 2…
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Announcements Corporate Rating Alerts

GCR affirms North South Power Company Limited’s Series 1 Guaranteed Bond Rating of AAA(NG); Outlook Stable

Jan 15, 2021
Tagged in: Nigeria
Lagos, 15 January, 2021 — Global Credit Ratings has affirmed the national scale rating of AAA(NG) assigned to NSP-SPV POWERCORP PLC’s Series 1 Guaranteed Bond;…
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Announcements Corporate Rating Alerts

GCR Affirms C&I Leasing Plc’s rating of BBB(NG); Outlook Negative

Jan 15, 2021
Tagged in: Nigeria
Lagos Nigeria, 15 January 2021 — Global Credit Ratings has affirmed the national scale ratings assigned to C&I Leasing Plc of BBB(NG) and A3(NG) in…
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Announcements Corporate Rating Alerts

GCR Accords an Indicative Rating of A-(NG) to Proposed NSP-SPV POWERCORP PLC’s Series 2 Bonds.

Jan 15, 2021
Tagged in: Nigeria
Lagos Nigeria, 15 January 2021 — Global Credit Ratings has accorded an indicative national scale rating of A-(NG) to proposed NSP-SPV POWERCORP PLC’s Series 2…
More...
Announcements Corporate Rating Alerts

GCR affirms North South Power Company Limited’s National Scale Rating of A-(NG); Outlook Stable

Jan 15, 2021
Tagged in: Nigeria
Lagos, 15 January, 2021 — Global Credit Ratings has affirmed the national scale rating assigned to North South Power Company Limited of A-(NG) and A2(NG),…
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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),…
More...
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),…
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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…
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COVID-19

GCR's RESPONSE TO COVID-19

GCR continues to monitor the ever-evolving situation surrounding the COVID-19 pandemic. The health and well-being of our staff members and all our stakeholders is of the utmost importance to us.

GCR has taken a number of precautionary measures to minimise the likelihood of transmission and impact, while our staff members have been strongly encouraged to work remotely from home.

GCR has in place secure technological platforms that will enable the best possible remote engagements with our rated issuers, the investor community and all other market participants.  

GCR continues to actively monitor the countries, sectors and issue(r)s within its ratings universe, and will continue to provide timely and accurate credit ratings, alongside useful credit research regarding market developments. 

GCR thanks you for your continued support and trust, particularly in these challenging times.

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GCR Ratings Coverage

GCR Ratings Coverage

  • Southern Africa ( 321 )
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    • Nigeria ( 136 )
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      • Insurance ( 2 )
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