Ratings

Ratings

Outlook Rating(s)
Stable
Counterparty Risk Rating -Fgn Curr
Caa1/NP
Counterparty Risk Rating -Dom Curr
B3/NP
Bank Deposits
Caa1/NP
Baseline Credit Assessment
caa1
Adjusted Baseline Credit Assessment
caa1
Counterparty Risk Assessment
B3(cr)/NP(cr)
Issuer Rating
Caa1
Outlook
Stable
Long-term Foreign Currency IDR
B-
Short-term Foreign Currency IDR
B
National Long-Term Rating
BBB+(nga)
National Short-Term Rating
F2(nga)
Viability Rating
B-
Support Rating
NS
Support Rating Floor
No Floor
Rating Class Rating Scale Rating Rating Outlook Expiry Date
Long-term
National
BBB
Stable
July 2022
Short-term
National
A3
Stable
July 2022
Outlook
Positive
Data Pro Rating
BBB+
Short term Rating
A2
Previous Rating
BBB+
Rating Outlook
Positive
Trend
Up
Currency
Naira
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Begin challenging your own assumptions. Your assumptions are your windows on the world. Scrub them off every once in a while, or the light won't come in.

— Ngozi Okonjo-Iweala, Nigerian economist and WTO Director-General (Reforming the Unreformable, 2012)

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