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Category: Public Sector

Announcements Corporate Public Sector Rating Alerts

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Rating action Nairobi, 7 December 2022 – GCR Ratings (“GCR”) has withdrawn the ratings on County Government of Makueni’s long and short-term public national scale…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Rating action Nairobi, 7 December 2022 – GCR Ratings (“GCR”) has withdrawn the ratings on County Government of Kisumu’s long and short-term public national scale…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Rating action Nairobi, 7 December 2022 – GCR Ratings (“GCR”) has withdrawn the ratings on County Government of Bungoma’s long and short-term public national scale…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