Agusto Affirms Baobab Nigeria’s ‘Bbb+’ Rating
Pan-African credit rating agency, Agusto & Co., has affirmed a ‘Bbb+’ rating for Baobab Nigeria, reflecting the company’s strong financial position and sound management practices within Nigeria’s microfinance sector. The announcement was made in a recent statement, highlighting Baobab Nigeria’s resilience and adaptability despite Nigeria’s challenging macroeconomic environment, marked by high inflation and intense industry … Read more