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Ratings Update:

Agusto & Co. hereby WITHDRAWS the “Aa” and “Aa-” ratings assigned to Interswitch Limited and the Interswitch Africa One Plc’s ₦23 billion 7-year 15% fixed rate Series 1 Senior Unsecured Callable Bonds Due 2026 (“Series 1 Bond”), both of which expired 30 September 2020.

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LATEST RATINGS
Nova Merchant Bank Limited	Watchlist
Keystone Bank	B-
Interswitch Limited	Withdraw
UACN Property Development Company…	A-
UACN Property Development Company…	B-
Consolidated Hallmark Insurance Plc	Bbb
WAPIC Insurance Plc	Bbb
Coronation Fixed Income Fund	A+(f)/FV5
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LATEST REPORTS
2020 Asset Management Industry Report	2020
2020 Lagos Real Estate Industry…	2020
2020 Oil & Gas Downstream…	2020
2020 Pension Industry Report	2020
2020 Cement Industry Report	2020
2020 Hotel Industry Report	2020
2020 Banking Industry Report	2020
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RECENT PUBLICATIONS
The Nigerian Q2 GDP Covid Contraction &…	26-Aug-2020
Adjusting for the Times: An Analysis of…	14-Aug-2020
COVID-19 Pandemic – Nigerian Banks in 2020	24-Apr-2020
COVID-19 in Nigeria: Economic Perspectives and Mitigating…	03-Apr-2020
The 2019 Finance Act – Creating a…	04-Feb-2020
African Continental Free Trade & Nigerian Capital…	09-Jul-2019
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Economic & News Updates

30 Oct, 2020
Equity market gains N239bn on positive sentient

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30 Oct, 2020
Dangote delays London listing shores up forex earnings

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30 Oct, 2020
Banks, telcos in talks to settle N17bn USSD debt

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30 Oct, 2020
Nigeria imported N2-78tn manufactured goods in three months – NBS

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