… Hits Market Monday June 5, 2021/Dangote Group To the admiration of key financial sector operators present, the Dangote Fertilizer Limited announced yesterday the formal commencement of production of Urea in commercial quantity and the plan to hit the Nigerian market on Monday. In what industry watchers have described as […]
Updates
Outlook on Africa Finance Corporation’s Rating Raised to Stable by Moody’s
• Moody’s improves AFC’s outlook to stable from negative, affirming A3 long-term issuer and senior unsecured ratings • Stable outlook “underlines the resilience of AFC’s credit profile in the face of significant shock” from Covid pandemic, says Moody’s • A3 rating affirmation underpinned by AFC’s intrinsic financial strength, which includes […]
GCR upgrades Guinness Nigeria’s Ratings to AA-(NG) / A1+(NG); Stable Outlook.
June 4, 2021/GCR Ratings GCR Ratings (“GCR”) has upgraded the long-term and short-term Issuer ratings of Guinness Nigeria Plc to AA-(NG) and A1+(NG) respectively, with the Outlook accorded as Stable. Rated Entity / Issue Rating class Rating scale Rating Outlook / Watch Guinness Nigeria Plc Long Term Issuer National AA-(NG) […]
