Agusto & Co. is the foremost Pan African Credit Rating Agency and a leading provider of industry research. Agusto & Co. started as a business information company with the long term view of gathering and providing information on economies and industries in select African countries as well as assigning risk ratings to obligors. Agusto & Co. created the credit ratings industry in Nigeria when in 1992, we commenced assigning ratings to all Nigeria's 120 banks on an unsolicited basis for a period of 5 years until 1997, after which we commenced solicited ratings for banks and other financial Institutions. At that time, the concept of credit ratings was novel in Nigeria and across sub Saharan Africa.
The scope of our ratings has expanded to include Discount Houses, Insurance Companies, Finance & Leasing Companies, Primary Mortgage Institutions, Securities Firms, Asset Managers, Funds, Industrial Companies, Municipal bonds, corporate bonds, structured bonds and Financial Institution bonds.