Odu’a Investment Company Limited, owned by the six South-West States of Nigeria, is pleased to announce that the leading credit rating agency, Agusto & Co has upgraded its corporate rating to ‘Aa-‘ with a Stable Outlook in its recently released 2025 Corporate Rating Report.
The upgrade from the previous rating of *A+* to *Aa-*, according Victor Ayetoro, Head, Branding and Communication, Odu’a Group, reflects Odu’a Investment’s improved operating income and cash flow, driven by higher dividends from portfolio companies, increased investment returns from non-equity assets, and stronger rental. eamings.
The rating also acknowledges the Company’s strategic repositioning, including divestments from underperforming assets and reinvestment in high-yielding portfolios managed by reputable asset managers.