Agusto & Co. is Nigeria's pioneer credit rating agency. Incorporated on 13 January 1992, Agusto & Co is a wholly owned Nigerian company. In 2001, Agusto & Co became the first Credit Rating Agency to be licensed by the Securities & Exchange Commission, Nigeria.
Agusto & Co's Credit Ratings are locally and globally acceptable and a wide client base utilise our reports as a benchmark for business. In performing its credit rating function, Agusto & Co relies on a database of information that it has built since 1992. Our ratings encompass financial institutions, corporates, health management organizations, corporate debt issues as well as municipal debt issues. Agusto & Co also carries out in-depth research on key sectors of the economy and annually publishes reports on these sectors. We also provide credit risk management services and clients specific research on various sectors of the economy.
The Company's accounting date is 31 December and is audited by Messrs Akintola Williams Deloitte. Our Lawyers are Messrs Olajide Oyewole & Co. We currently offer our services under the following business lines:
- Credit Ratings - Research - Credit Risk Management
Agusto & Co as Nigeria's pioneer credit rating agency introduced credit ratings into Nigeria at a time when the concept of credit ratings was relatively unknown in Nigeria and sub Saharan Africa. Our milestones are numerous and include:
* First Credit Rating Agency to be registered by the Securities & Exchange Commission. * First credit rating agency in Nigeria to assign ratings to banks, discount houses and insurance companies. * First rating agency to assign ratings to companies on the Nigerian stock exchange. * First rating agency to assign ratings to municipal bonds. * The only company in Nigeria to periodically provide in-depth reports on at least 20 sectors of the economy. Which includes o Banking o Insurance, o Oil & Gas ( upstream & downstream) o Textiles o Breweries o Cement o Telecommunication o Spare parts o Construction o Personal care o Pharmaceuticals o Rice o Sugar o Hotels o Soft drinks o Real estate o Aviation o Asset management
|