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The Nexus
BUSINESSJul 29 · 13:29 UTCSEMAFORAlexander Onukwue

S&P Global to acquire Nigerian ratings agency

S&P Global is acquiring a majority stake in Nigeria's Agusto & Co, expanding its African presence. The move follows Fitch's conflict with the African Export-Import Bank and precedes the African Union's planned homegrown ratings agency launch in October.

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S&P GlobalorganizationAgusto & Co.organizationNigeriaplaceFitchorganizationAfrican Export-Import BankorganizationAfrican Unionorganization
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