Banks
| COMPANY | RATING | EXPIRY | OUTLOOK | COUNTRY |
|---|---|---|---|---|
| NOVAMBL Investments SPV Plc | Bbb- | Dec 31 , 2022 | Stable | Nigeria |
| United Bank for Africa Plc | Aa- | Jun 30 , 2022 | Stable | Nigeria |
| FSDH Merchant Bank Limited | A-(NGA) B-(FCY) | Jun 30 , 2022 | Stable | Nigeria |
Corporates
| COMPANY | RATING | EXPIRY | OUTLOOK | COUNTRY |
|---|---|---|---|---|
| Kawai Technologies Limited | Bb | Jun 30 , 2022 | Neutral | Nigeria |
Corporate Bonds
| COMPANY | RATING | EXPIRY | OUTLOOK | COUNTRY |
|---|---|---|---|---|
| Viathan Funding Plc.’s ₦10 billion 10-year Series 1 Senior Guaranteed Fixed Rate Bond Due 2027 | Aaa | Dec 31 , 2027 | Stable | Nigeria |
| NSP-SPV PowerCorp Plc’s ₦10 Billion 15-year Series 1 | Aaa | Dec 31 , 2033 | Stable | Nigeria |
Finance & Leasing
| COMPANY | RATING | EXPIRY | OUTLOOK | COUNTRY |
|---|
No Current Ratings
Funds & Investment Managers
| COMPANY | RATING | EXPIRY | OUTLOOK | COUNTRY |
|---|---|---|---|---|
| Legacy Debt Fund | Aa- /FV3 | Jun 14 , 2022 | N/A | Nigeria |
| ARM Investment Managers Limited | AA(IM) | Jun 02 , 2022 | Stable | Nigeria |
| Abacus Money Market Fund | A-(f) | May 27 , 2022 | N/A | Nigeria |
Insurance Companies
| COMPANY | RATING | EXPIRY | OUTLOOK | COUNTRY |
|---|
No Current Ratings
Microfinance Banks
| COMPANY | RATING | EXPIRY | OUTLOOK | COUNTRY |
|---|
No Current Ratings
Mortgage Institutions
| COMPANY | RATING | EXPIRY | OUTLOOK | COUNTRY |
|---|
No Current Ratings
Municipal Bonds
| COMPANY | RATING | EXPIRY | OUTLOOK | COUNTRY |
|---|---|---|---|---|
| Lagos Sate Government’s ₦97.3 billion Series II Tranches I-IV Bond | Aa- | Dec 31 , 2027 | Stable | Nigeria |
| Lagos State's 16.5% ₦47 Billion Bond | Aa- | Dec 31 , 2023 | Stable | Nigeria |
| Kogi State's 17% ₦3 Billion Bond | Bbb+ | Mar 31 , 2025 | Stable | Nigeria |
| Bauchi State's 16.5% ₦10.4 Billion Bond (Formerly ₦15 Billion Bond) | Bbb+ | Dec 31 , 2026 | Stable | Nigeria |
| Kogi State’s 15% ₦5 billion Bond | Bbb+ | Dec 31 , 2023 | Stable | Nigeria |
| Gombe State's 16% ₦12.5 Billion Bond (formerly ₦20 Billion Bond) | Bbb+ | Dec 31 , 2023 | Stable | Nigeria |
Securities & Investment Firms
| COMPANY | RATING | EXPIRY | OUTLOOK | COUNTRY |
|---|
No Current Ratings
Trustee Firms
| COMPANY | RATING | EXPIRY | OUTLOOK | COUNTRY |
|---|
No Current Ratings
Sovereigns & Supranationals
| COMPANY | RATING | EXPIRY | OUTLOOK | COUNTRY |
|---|---|---|---|---|
| Shelter Afrique | A(ken) / A+(ngr) | Jun 30 , 2022 | Stable | Kenya |
