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Lasaco Assurance appoints 2 Non-Executive Directors, Aderinola Disu Resigns

GCR assigns LASACO an initial financial strength rating; Outlook Stable

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GCR Ratings (GCR) has assigned an initial national scale financial strength rating of A-(NG) to Lasaco Assurance Plc, with a Stable Outlook. Ratings History - Lasaco Assurance...
GCR places GEL Utility & Aarti Steel Nigeria ratings on “Review Extension”

GCR upgrades Mecure Industries Limited’s ratings upon criteria review

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GCR Ratings (GCR) has upgraded Mecure Industries Limited’s national scale long and short-term Issuer ratings to BBB+(NG) and A2(NG) respectively. Concurrently, GCR has accorded a long...
GCR places GEL Utility & Aarti Steel Nigeria ratings on “Review Extension”

GCR Assigns BBB-/A3 Ratings To Greenwich Merchant Bank Limited

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GCR Ratings (GCR) has assigned Greenwich Merchant Bank Limited’s national scale long and short-term issuer ratings of BBB-(NG) and A3(NG) respectively, with a Stable Outlook. Rating history...
Union Bank Nigeria: Topline Buoyed by Volatile Income Lines

GCR Places Union Bank Of Nigeria Plc’ Credit Ratings On Review Extension

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GCR Ratings (GCR) has placed Union Bank of Nigeria Plc’s national scale long and short-term issuer ratings of BBB+(NG) and A2(NG) respectively on ‘Review...
GCR Places TAK Logistics Limited’s Ratings On “Review Extension”-Brand Spur Nigeria

GCR Places TAK Logistics Limited’s Ratings On “Review Extension”

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GCR Ratings (GCR) has placed TAK Logistics Limited’s long-term and short-term national scale Issuer ratings of BBB(NG) / A3(NG) respectively on ‘Review Extension’. Concurrently, the national...
GCR places GEL Utility & Aarti Steel Nigeria ratings on “Review Extension”

GCR Extends “Review Extension” On CardinalStone Partners’ Issuer Ratings

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GCR Ratings has extended the ‘Review Extension’ on CardinalStone Partners Limited’s national scale long and short-term issuer ratings of BBB-(NG) and A3(NG) respectively. The rating process...

GCR Affirms and Revises WAICA Reinsurance Ratings | Outlooks Stable

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23 July 2021 – GCR Ratings (GCR) has affirmed WAICA Reinsurance Corporation Plc’s (WAICA Re) international scale financial strength rating of ‘B+’, with a...
GCR places GEL Utility & Aarti Steel Nigeria ratings on “Review Extension”

GCR places GEL Utility & Aarti Steel Nigeria ratings on “Review Extension”

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23 July 2021 – GCR Ratings (GCR) has placed the long- and short-term national scale ratings of BBB(NG) / A3(NG) assigned to GEL Utility Limited on...
Coronation Merchant Bank

Coronation Merchant Bank Gets GCR’s “A- and A2” Rating With Stable Outlook

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GCR Ratings (GCR) has affirmed Coronation Merchant Bank Limited’s national scale long-term and short-term ratings of A-(NG) and A2(NG) respectively, with a Stable Outlook. The ratings of...
Globus Bank Brandspurng expands operations, Opens 3 branches (Photos)2

Globus Bank Gets GCR Ratings “BBB” and “A3”; Outlook Stable

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GCR Assigns Globus Bank Limited Issuer National Scale Ratings of BBB-(NG) and A3(NG) in Long and Short Term Respectively; Outlook Stable Lagos, 12 July 2021 – GCR...
GCR Dufil Prima Foods

GCR Places Dufil Prima Foods’ Credit Ratings on “Review Extension”

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GCR Ratings (GCR) has placed Dufil Prima Foods Plc’s long-term and short-term national scale Issuer ratings of A-(NG) / A2(NG) respectively on ‘Review Extension’. Concurrently, the...
GCR Nigerian Corporate Sector Risk Scores

GCR updates the Nigerian Corporate Sector Risk Scores

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GCR has updated it's Corporate Sector Risk Scores for Nigeria with the inclusion of a score for the Secondary Manufacturing Sector for the first...

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Public Holiday

FG Declares October 19 Public Holiday

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The Federal Government has declared Tuesday, October 19, 2021 as public holiday to mark this year’s Eid-ul-Mawlid celebration. The holiday will be in commemoration of the birth...