GCR affirms NMRC’s Ratings, Stable Outlook
Africa’s leading rating agency, Global Credit Ratings (GCR) Co (Pty) Ltd, has affirmed the Nigeria Mortgage Refinance Company (NMRC) Plc’s national scale long-term and short-term ratings of AA+ (NG) and A1+(NG). In addition, GCR affirmed NMRC’s Series 1, Series 2, and Series 3 Bonds national scale long-term issue ratings of AAA (NG) with the rating outlook assessed to be stable.