Global Credit Rating Co has affirmed SFS Capital’s long-term credit rating ‘A’ with a stable outlook.
GCR reviewed that the rating reaffirms strength and stability, demonstrating an impressive core corporate profitability margin of 40 per cent for the year ending December 31, 2023 and underscoring its capability to generate stable and substantial earnings. On the strategic initiatives and growth prospects, GCR stated that while SFS Capital holds a moderate competitive position due to its limited scale and fundholder concentration, the stable outlook underscored expectations for continued conservative financial management and the successful expansion of its REIT funds.
The Nigerian National Petroleum Company Limited on Thursday demanded a special court to halt crude oil theft in Nigeria. The national oil company is also asking for a speedy resolution of offenses related to vandalism and stealing of crude oil. According to statistics from the Nigerian Extractive Industries Transparency Initiative , Nigeria is losing…
An e-commerce platform, Sellers Mart, has made commitment to empower local businesses, drive economic growth and showcase the innovative products of Nigerian entrepreneur.
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