Public Sector – GCR Ratings

GCR affirms Enugu State Government of Nigeria’s ratings of BBB_(NG) / A3_(NG), on its resilience amid challenges in the operating environment; Outlook is stable.

Dec 22, 2022

Tagged in: Nigeria

Rating Action Lagos, 22 December 2022 – GCR Ratings (“GCR”) has affirmed the national scale long-term and short-term Issuer ratings of BBB(NG) and A3(NG) respectively…

Announcements Corporate Public Sector Rating Alerts

GCR affirms Plateau State Government of Nigeria’s Issuer ratings of BB_(NG) / B_(NG); Stable Outlook.

Dec 20, 2022

Tagged in: Nigeria

Lagos, 20 December 2022 – GCR Ratings (“GCR”) has affirmed the national scale long-term and short-term Issuer ratings of BB(NG) and B(NG) respectively assigned to…

Announcements Corporate Public Sector Rating Alerts

GCR withdraws County Government of Makueni’s Long and Short-term national scale of BBB-_(KE)(WD)/A3_(KE)(WD) respectively without review

Dec 7, 2022

Tagged in: Kenya

Rating action Nairobi, 7 December 2022 – GCR Ratings (“GCR”) has withdrawn the ratings on County Government of Makueni’s long and short-term public national scale…

Announcements Corporate Public Sector Rating Alerts

GCR withdraws County Government of Kisumu’s Long and Short-term national scale of BB_(KE)(WD)/B_(KE)(WD) respectively without review

Dec 7, 2022

Tagged in: Kenya

Rating action Nairobi, 7 December 2022 – GCR Ratings (“GCR”) has withdrawn the ratings on County Government of Kisumu’s long and short-term public national scale…

Announcements Corporate Public Sector Rating Alerts

GCR withdraws County Government of Bungoma’s Long and Short-term national scale of BBB-_(KE)(WD)/A3_(KE)(WD) respectively without review

Dec 7, 2022

Tagged in: Kenya

Rating action Nairobi, 7 December 2022 – GCR Ratings (“GCR”) has withdrawn the ratings on County Government of Bungoma’s long and short-term public national scale…

Announcements Corporate Public Sector Rating Alerts

GCR assigns first-time national scale ratings of BBB_(NG) / A3_(NG) to Edo State Government of Nigeria, supported by its moderately diversified economy; Outlook Stable.

Dec 1, 2022

Tagged in: Nigeria

Lagos, Nigeria, 1 December 2022 – GCR Ratings (“GCR”) has assigned national scale long-term and short-term Issuer ratings of BBB(NG) and A3(NG) respectively to Edo…

Announcements Corporate Public Sector Rating Alerts

GCR affirms Ogun State Government of Nigeria’s ratings of BBB+_(NG) / A2_(NG), on its favourable positioning and solid operating performance; Outlook Stable.

Nov 30, 2022

Tagged in: Nigeria

Lagos, 30 November 2022 – GCR Ratings (“GCR”) has affirmed the national scale long-term and short-term Issuer ratings of BBB+(NG) and A2(NG) respectively assigned to…

Announcements Corporate Public Sector Rating Alerts

GCR suspends Ondo State Government of Nigeria’s ratings

Nov 30, 2022

Tagged in: Nigeria

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…

Announcements Corporate Public Sector Rating Alerts

GCR withdraws Ondo State Government of Nigeria’s N27bn Series 1 Bonds Issue rating

Nov 30, 2022

Tagged in: Nigeria

Lagos, 30 November 2022 – GCR Ratings (“GCR”) has withdrawn the National Scale long-term Issue rating of A(NG) accorded to Ondo State Government’s N27bn Series…

Announcements Corporate Public Sector Rating Alerts

GCR places Plateau State Government of Nigeria’s ratings on “Review Extension”.

Nov 30, 2022

Tagged in: Nigeria

Lagos, 30 November 2022 – GCR Ratings (“GCR”) has placed Plateau State Government of Nigeria’s long-term and short-term national scale Issuer ratings of BB(NG) and…