Agusto & Co Assigns a ‘Bb‘ Rating to the Nigerian Insurance Industry

Agusto & Co Limited, leading Pan African credit rating agency in Nigeria for over 26 years has assigned a “Bb“ rating to the Insurance Industry in its newly published 2019 Nigerian Insurance Industry report.

The assigned rating reflects heightened risks in the country’s geopolitical and  macroeconomic environment, weak gross domestic product (GDP) growth and inflationary pressures. In…

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