Corporate – GCR Ratings

Tagged in: Nigeria

Lagos, 16 July 2026 – GCR Ratings (GCR) has assigned African Foundries Limited national scale long-term and short-term issuer ratings of A-(NG) and A2(NG), respectively,…

Announcements Corporate Rating Alerts

GCR upgrades Lewis Group Limited’s national scale issuer rating to AA-_(ZA) from A+_(ZA) on sustained robust earnings growth; Outlook Stable

July 13, 2026

Tagged in: South Africa

Johannesburg, 13 July 2026 – GCR Ratings (GCR) has upgraded Lewis Group Limited’s long and short term national scale issuer ratings to AA-(ZA) and A1+(ZA),…

Announcements Corporate Rating Alerts

GCR upgrades Axxela Limited’s national scale long-term issuer rating to A+_(NG), supported by improved financial profile; Outlook Stable.

July 8, 2026

Tagged in: Nigeria

Lagos, 08 July 2026 – GCR Ratings (GCR) has upgraded Axxela Limited’s national scale long-term issuer ratings to A+(NG) from A(NG), previously and affirmed the…

Announcements Corporate Rating Alerts Research

Nigeria’s interest rate environment: Implications for corporate entities and borrowing trends

July 7, 2026

Tagged in: Nigeria

Lagos, 7 July 2026 – GCR Ratings (GCR) has published a research report on Nigeria’s interest rate environment: Implications for corporate entities and borrowing trends.…

Announcements Corporate Public Sector Rating Alerts Research

GCR Commercial Property Sector Outlook raised to Positive as earnings and financial headroom rebound

July 7, 2026

Tagged in: South Africa

Johannesburg, 07 July 2026 – GCR Ratings (“GCR”) has published a report titled “GCR Commercial Property Sector Outlook raised to Positive as earnings and financial…

Announcements Corporate Rating Alerts

GCR affirms Food Concepts Plc’s Issuer ratings of A+_(NG)/A1_(NG), Outlook Stable.

July 3, 2026

Tagged in: Nigeria

Lagos, 03 July 2026 – GCR Ratings (GCR) has affirmed Food Concept Plc’s national scale long-term and short-term issuer ratings of A+(NG) and A1(NG), respectively,…

Announcements Corporate Financial Institutions Insurance Market Notifications Rating Alerts Research Structured Finance & Securitisation

GCR Ratings, an affiliate of Moody’s, celebrates 30 years of pan-African credit ratings unlocking domestic and intra-African investment.

July 1, 2026

Tagged in: Kenya | Mauritius | Nigeria | South Africa | West Africa

Johannesburg, South Africa, 1 July 2026 – GCR Ratings, an affiliate of Moody’s, is delighted to announce its 30th Anniversary, commemorating three decades of empowering…

Announcements Corporate Rating Alerts

GCR assigns a long-term issue rating of A-_(NG) to Emzor Pharma Funding SPV PLC’s N26.7 Billion Senior Unsecured Bond, Outlook Stable.

June 30, 2026

Tagged in: Nigeria

Lagos, 30 June 2026 – GCR Ratings (GCR) has assigned a long-term issue rating of A-(NG) to Emzor Pharma Funding SPV PLC’s N26.7 Billion Senior…

Announcements Corporate Rating Alerts

GCR affirms Emzor Pharmaceutical Industries Limited’s national scale issuer ratings of A-_(NG)/ A2_(NG); Outlook revised to Stable.

June 30, 2026

Tagged in: Nigeria

Lagos, 30 June 2026 – GCR Ratings (GCR) has affirmed Emzor Pharmaceutical Industries Limited’s (Emzor or the group) national scale long-term and short-term issuer ratings…

Announcements Corporate Rating Alerts

GCR affirms Veritasi Homes & Properties Plc’s ratings of BBB-_(NG)/A3_(NG), Outlook Stable

June 30, 2026

Tagged in: Nigeria

Lagos, 30 June 2026 – GCR Ratings (GCR) has affirmed Veritasi Homes & Properties Plc’s national scale long-term and short-term issuer ratings of BBB-(NG) and…