FCMB Raises N20.686bn from Debt Market to Boost Capital
FCMB Group Plc. has successfully completed the issuance of a N20,686,000,000 perpetual 16% fixed rate resettable NC5.25 additional Tier I capital subordinated [...]
DataPro Limited assigns an “A-” rating to Smart Residences Limited (SRL)
Since its inception in 2020, Smart Residences Limited has quickly emerged as a leading and reputable player in Nigeria’s burgeoning real-estate and [...]
LandWey Receives First Time Issuer Rating Of “BBB”, Outlook Stable
DataPro, the tech-driven credit rating agency (CRA) has assigned LandWey Investments Limited a long-term rating of “BBB” with a stable outlook for [...]
DataPro affirms SKLD Integrated Services Limited at BBB+, outlook stable
DataPro, the technology-driven credit rating agency (CRA) has affirmed SKLD Integrated Services Limited’s long-term rating of “BBB+” with a stable outlook for [...]
Nigeria’s Rating Downgrade: Getting Out Of The Woods
In February 2023, one of the major credit rating agencies downgraded Nigeria's rating outlook from stable to negative. This reflects the increasing risks [...]
Triple-Rated Companies: What Makes Them Thick
The credit rating of a company has been compared to a person's credit score since the 80s. A good credit rating not [...]