MBO Capital Management Limited 

EVALUATION VALIDITY: April, 2026
Long Term Rating A–
Short Term Rating A1
Previous Rating BBB+
Rating Outlook Stable
Trend Up
Currency Naira
Date Issued 16 April, 2025

EVALUATION VALIDITY: April, 2024
Long Term Rating BBB+
Short Term Rating A2
Rating Outlook Stable
Trend Up
Currency Naira
Date Issued May, 2023