Rating agencies in nigeria

During both good and bad economic times, their appraisals are widely sought after by economists, policymakers, and investors. You guessed it right, we are talking about rating agencies. In Nigeria, there are just about three of them that have been approved by SEC, namely:. Note that this article is intended as a profile for each of these firms. We shall be focusing on what they do, when they were incorporated, and other important information about them. But before we dive right into that, it is important to first take a brief look at the requirements for registering a rating agency, according to SEC.

There are six yardsticks for registering as a rating agency with the Securities and Exchange Commission.

rating agencies in nigeria

See the requirements below. To read more about the rest of the requirements for registering as a rating agency with SEC, click the link right here. Now, let us focus on the rating agencies. Established in by Mr. The main services it currently offers include:. Other notable individuals on the board of directors include — Femi Akingbe who is the Chairman, Olabode Augusto and Isaac Babatunde who are both Director and Executive Director, respectively.

Datapro Ltd was established in by Abimbola Adeseyoju. Nearly twenty-five years after its establishment, Datapro has successfully positioned itself as a specialist in the areas of compliance, corporate governance, and fraud risk management consulting. The information is not just available on its website.

However, Nairametrics was able to verify that the founder, Abimbola Adeseyoju, currently serves as the Managing Director. Global Credit Ratings provides ratings services, support services, and subscription services. Some of the its specific focus areas include:. But you may read more about Global Credit Ratings by clicking here.

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This is why their profiles were not included in this piece. He initially joined Nairametrics as an all-round Business Analyst, but later began focusing on and covering the financial services sector.

Emmanuel holds an M. This site uses Akismet to reduce spam. Learn how your comment data is processed. According to the notice, the approval of this proposed dividend at the imminent Annual General Meeting scheduled on April 1, will see the financial giant pay out a final dividend of N0. Despite posting double-digit growth in key financial metrics such as PAT of N It is also pertinent to note that the Bank had earlier paid an interim dividend of N0.

The multinational brewing company, headquartered in the Netherlands is the single majority shareholder of Nigerian Breweries, with 3, units of the total issued shares of its subsidiary. This puts the ownership stake of the Dutch multinational at Nigeria - Credit Rating. Moody's credit rating for Nigeria was last set at B2 with negative outlook.

Fitch's credit rating for Nigeria was last reported at B with stable outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Nigeria thus having a big impact on the country's borrowing costs.

This page includes the government debt credit rating for Nigeria as reported by major credit rating agencies. Bosnia and Herzegovina. Burkina Faso. Cape Verde. Cayman Islands. Costa Rica. Czech Republic.

Dominican Republic. El Salvador. European Union. Hong Kong.

rating agencies in nigeria

Isle of Man. Ivory Coast. New Zealand. Papua New Guinea. Puerto Rico. Republic of the Congo. San Marino. Saudi Arabia. Solomon Islands. South Africa. South Korea. Sri Lanka. St Vincent and the Grenadines. Trinidad and Tobago. United Arab Emirates.

United Kingdom. United States. In addition, the Trading Economics TE credit rating is shown scoring the credit worthiness of a country between riskless and 0 likely to default. Unlike the ratings provided by the major credit agencies, our index is numerical because we believe it is easier to understand and more insightful when comparing multiple countries.

Arguably, our ratings are less likely to be manipulated because they are unsolicited and we are not paid in any way to provide countries with a rating. Technically, our ratings are based on a forward looking macro economic model which takes into account several leading economic indicators, financial markets and very little discretion.From Wikirating, the transparent world rating organization.

Categories : Data Rating agency. Navigation menu Personal tools Log in. Namespaces Page Discussion. Views Read View source View history. Search Wikirating. Interaction Help Press Contact us. This page was last edited on 18 Februaryat See Copyrights for details. Best Company. United Kingdom. ACRA Europe, a. ACRA Ratings. ARC Ratings, S. CVM [13].

Do Rating Agencies Have Too Much Power?

Axesor Risk Management SL [14]. Bank Watch Ratings S. Calificadora de Riesgo [18]. Capital Intelligence Ratings Ltd [19]. Trinidad and Tobago.In purchasing a stock, which is more or less like borrowing the institution a sum of money, how are you guaranteed that they can payback? Who even determines the ratings anyway? Credit rating agencies in Nigeria are responsible for this act and operate to provide information about borrowing companies.

Credit rating agencies in Nigeria are private companies who solely exist to analyze and access the capacity of borrowers to repay their debt. This includes government bodies and private enterprises. Credit rating agencies do this by issuing credit ratings based on the performance of the organization. So far, only three organizations have the license from SEC to operate. We would discuss the three organizations in the latter part of this article.

List of credit rating agencies

They usually assign the rating to a specific instrument rather than the whole company. The organization was established in and initially began as a business information firm. Their job was to provide information and insight into businesses and economies. However, they grew into a credit rating agency and got licensed by the SEC in The services offered by Augosto and Co limited include:. Datapro limited began inand its decades of operation have enabled it to become a specialist in different areas.

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Services offered by the company include:. Global credit rating is the youngest of the three, only established in It is a subsidiary of Duff and Phelps and provides ratings, subscriptions, and support services in Africa. Some area that it focuses on are:. Credit rating agencies in Nigeria exist to profile the debt repayment capacity of issuers. Their information is reliable, trustworthy, and necessary for investors in making decisions.

rating agencies in nigeria

Although other credit rating agencies give reports about Nigeria, there are not Nigerian-based.Catherine, United Kingdom South Iceland at Leisure, June 2015 We had a great holiday in Iceland with the whole itinerary organised by Nordic Visitor including all the hotels and the hire car. Donna, United Kingdom Iceland Full Circle, June 2015 Booked a 10 day self drive tour of Iceland via Nordic Visitor.

All in all the holiday of a lifetime, without any worries Tracy, United States The Natural Wonders of Iceland, June 2015 This was the first time I booked a vacation with a tour company I found by internet research and not from a friend or trusted source.

Meggin, United States Iceland Full Circle, June 2015 I am a research addict, which is why I love this site. Andy, United Kingdom Norway Explorer, May 2015 Excellent service from the word 'Go'. Russell, Australia Iceland Grand Tour, May 2015 Overall a great holiday experience, we were very pleased that after e-mail discussion with our consultant we changed our preferred vehicle to larger AWD type, in particular when travelling through the ice and snow.

Ian and Alison Mason, New Zealand iceland complete, May 2015 We thought the tour was very professionally organised and we had no problems whatsoever and would certainly recommend Nordic Visitor. Liliane, Canada Iceland Full Circle, May 2015 The overall organization was very well executed. Creed, United States Iceland Complete, May 2015 We had a great time.

Linda, United States City Sights and Nature's Delights, May 2015 Everything was excellent. Maria, United States Nordic Odyssey, April 2015 I want to thank Cecilia, she was wonderful. TinaKris220, United States Icelandic Winter Highlights, March 2015 I wanted to go to Iceland and was going by myself. I can not praise this tour company enough. Highly highly recommend having them plan your tour.

Olga, Israel Husky Tour in the Wilderness of Lapland, March 2015 Thank you so much for being there and helping people to discover those incredible places around the Scandinavia. Jackie, United States Custom Booking, March 2015 We had a wonderful time in Iceland. Valerie, United Kingdom Icelandic Winter Highlights, February 2015 The guides where very help and tried their best for us to see a much as possible considering the weather which was out of there control, we did not mind that they re-arranged the scheduled stops.

Credit Rating Agencies

Had a great experience, the people the places and the weather, would not be a visit to Iceland without the weather, the sunny mornings, the snow blizzards in the afternoon, the rugged beauty that brings you in to be part of the landscape, the whispering song that comes in on the wind that is Iceland, the calming melody (stay awhile and recharge), Michelle, United States South Iceland at Leisure - Winter, February 2015 We truly appreciated the quick change of plans Nordic Visitor provided due to the weather on one of the days in the countryside.

Again, we had a wonderful time and Nordic Visitor proved to be incredibly helpful. Melanie Thomas Winter Romance, February 2015 The tour was very well organised. Douglas, United Kingdom Iceland Full Circle - Winter, February 2015 Hotels and guest houses an interesting mixture of styles. Adam, Italy Aurora Extravaganza, February 2015 Everything was great.Veteran Holly Hunter could sail through with the spoiler win. And the Globes voters could go with Armie Hammer over Stuhlbarg.

If Joe Wright or Denis Villeneuve get in over Americans Gerwig or Spielberg, there could be no Americans in this category. The HFPA might want executive producer Angelina Jolie to win something. This Article is related to: Awards and tagged Golden Globes Dutch-Swedish cinematographer Hoyte van Hoytema could nab his first Oscar for instilling "Dunkirk" w.

After the Annie Awards snub on Monday, "LEGO Batman" director Chris McKay makes his best case for an. Oscar-frontrunners "Coco" and "The Breadwinner" were the big Annie nomination winners, while "The LE. Christopher Nolan's World War II actioner and Denis Villeneuve's sci-fi sequel experiment with new s. How Del Toro and his team created a romantic world shaped by water, color and movies that was the pe.

Is this the year no TV movies get in the race.

rating agencies in nigeria

It may not be a movie, but it still might edge them all out. Will she crack the top five. That leaves four slots open for the taking and a lot of well-reviewed comedies looking to garner some extra positive publicity.

On the back of rave reviews, you bet he can. David Lowery and DP Andrew Droz Palermo breakdown how they shot the intimate film with a small group of friends. That's because the Army football team does not go into its 3 p. ET game at Lincoln Financial Field in Philadelphia with the great weight of a long losing streak hanging over its head.

The game will be televised by CBS. Army (8-3) ended its 14-game losing streak to Navy (6-5) a year ago with a 21-17 triumph, and it will try to reverse the momentum in the series by turning that victory into a two-game winning streak. Army has not had a winning streak in the series since taking five games in a row from 1992 through 1996.

The Black Knights trail 60-50-7 in the all-time series between these two service academies. These teams are mirror images of each other, as both academies run the option attack and are going to run the ball on most plays.Journal of Evolution and Technology. Retrieved 10 September 2012. Geological Society of London.

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Archived from the original on July 10, 2012. Archived from the original on July 5, 2015. Monthly Notices of the Royal Astronomical Society. Retrieved 19 October 2011. Retrieved 8 September 2011.

Archived from the original on December 7, 2013. New York: Four Walls Eight Windows. Adams, Cecil (February 16, 1999).

Triumph of the Straight Dope. New York: Ballantine Books. Ufo Cults and the New Millennium. Amherst, New York: Prometheus Books. Boyer, Paul (January 1, 1994). When Time Shall Be No More: Prophecy Belief in Modern American Culture. Pocket Guide to the Apocalypse: The Official Field Manual for the End of the World. The Contribution of British Writers Between 1560 and 1830 to the Interpretation of Revelation 13.

A History of Modern Planetary Physics: Nebulous Earth. Byrne, Joseph Patrick (2008). Encyclopedia of Pestilence, Pandemics, and Plagues, Volume 1.

Brookfield, Connecticut: The Millbrook Press, Inc. The End: Why Jesus Could Return by A. The Call to Glory. New York: Bantam Books. The Story of Civilization. New York: Simon and Schuster.

Misquoting Jesus: The Story Behind Who Changed the Bible and Why. Festinger, Leon (January 1, 1956). When Prophecy Fails: A Social and Psychological Study of A Modern Group that Predicted the Destruction of the World. Franz, Raymond (May 1, 2002).

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Gohar Shahi, Riaz Ahmed (2012).

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