Credit Ratings

Agusto & Co is Nigeria’s first Credit Rating Agency and a Pan African leader in credit ratings and credit reports. Agusto & Co Ltd has assigned well over 3,000 ratings across various sectors. Our ratings are globally accepted, and a wide client base utilizes our ratings as benchmark for business.

In performing the credit rating function, Agusto & Co relies on a database of information that it has built since 1992. Our ratings encompass financial institutions, corporates, funds, asset managers, health management organizations, as well as corporate and municipal debt issues.

At Agusto & Co, our focus is to assign ratings that are transparent and independent for the sustainable growth of the financial market and the economy.

Our milestones include:

  1. First credit rating agency to be registered by the Securities & Exchange Commission, Nigeria.
  2. First credit rating agency in Nigeria to assign ratings to banks, discount houses and insurance companies.
  3. First rating agency to assign ratings to companies on the Nigerian Stock Exchange.

Since inception, Agusto & Co has assigned over 3,000 ratings. Our Ratings cover:

Click the link below to see a list of current ratings.

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Finance & Leasing

COMPANY RATING EXPIRY OUTLOOK COUNTRY
Fast Credit Limited Bbb Jun 30 , 2025 Stable Nigeria
Fewchore Finance Company Limited Bbb- Jun 30 , 2025 Stable Nigeria
Credit Direct Finance Company Limited  Bbb+ Jun 30 , 2025 Stable Nigeria

Corporates

COMPANY RATING EXPIRY OUTLOOK COUNTRY
Dangote Industries Limited A+ Jun 30 , 2025 Stable Nigeria
Nigerian Breweries PLC A+ Jun 30 , 2025 Stable Nigeria
Flour Mills of Nigeria PLC A- Sep 30 , 2025 Stable Nigeria
Saro Lifecare Limited A- Jun 30 , 2025 Stable Nigeria
Jimcol Resources Nigeria Limited Bbb+ Jun 30 , 2025 Stable Nigeria
Coleman Technical Industries Limited A- Jun 30 , 2025 Stable Nigeria
Dangote Sugar Refinery PLC A+ Jun 30 , 2025 Negative Nigeria
MTN Nigeria Communications PLC Aa+ Jun 30 , 2025 Negative Nigeria
Zeenab Foods Limited A Jun 30 , 2025 Stable Nigeria
Lagos Free Zone Company Bbb Jun 30 , 2025 Stable Nigeria