March 1, 2023/NGX Cross-border securities transactions across African capital markets has received significant boost as Nigerian Exchange Limited (NGX) and Pan African Payments Settlement System (PAPSS) sign a Memorandum of Understanding (MOU) to integrate the payments system into the capital markets. The MoU, signed in a virtual ceremony on Tuesday, […]
Updates
GCR Places Presco Plc’s National Scale Issuer Ratings on “Review Extension”
February 28, 2023/GCR Ratings GCR Ratings (“GCR”) has placed Presco Plc’s long-term and short-term national scale Issuer ratings of A-(NG) and A2(NG) respectively on ‘Review Extension’. The ratings process is ongoing and GCR expects to publicly release the updated ratings result on or before 31 March 2023. The ratings assigned in the […]
GCR places Ardova Plc’s national scale Issuer and Issue ratings on “Review Extension”.
February 28, 2023/GCR Ratings GCR Ratings (“GCR”) has placed Ardova Plc’s long-term and short-term national scale Issuer ratings of A-(NG) and A2(NG) respectively, as well as the Series 1 Senior Unsecured Bonds on ‘Review Extension’. The rating process is ongoing and GCR expects to publicly release the updated ratings result on or […]
