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Sunbeth Global Concepts has received investment grade ratings from Agusto & Co. and Intelligence Africa, which is expected to boost confidence among financial institutions and trading partners as the company expands its operations.
The RMBN Money Market Fund has been upgraded by two notches to 'A+' by Agusto & Co., reflecting its robust asset base and strong risk management practices.
Globus Bank has received upgraded credit ratings from Agusto & Co. and GCR Ratings, in addition to its inaugural Fitch Ratings.
Payaza's credit rating has been upgraded from BBB to A- by Agusto & Co., indicating increased market confidence in its financial strength and stability.
S&P Global has announced its acquisition of a majority stake in Agusto & Co., a leading Nigerian credit rating agency. This strategic move aims to expand S&P Global's coverage and presence within the African market.
TAJBank, a non-interest bank in Nigeria, has been awarded A1 ratings by leading credit rating agencies Agusto & Co. and Datapro, reflecting its strong financial health and operational stability.