Agusto & Co. affirms Baobab Nigeria’s Bbb+ rating, confirming financial strength, stability
Baobab Nigeria has received an affirmed “Bbb+” rating from Agusto & Co., a leading Pan-African credit rating agency. This rating showcases Baobab Nigeria’s strong financial standing and prudent management practices in Nigeria’s competitive microfinance industry. This rating which was announced on 3rd February 2025 highlights Baobab Nigeria’s key strengths, a solid liquidity profile, and an experienced management team. These factors …