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Share AFRICA’S largest cement producer, Dangote Cement Plc has bagged AA+(NG) and A1+(NG) ratings from Global Credit Ratings(GCR). GCR in its notice, affirmed the long-term and short-term national scale issuer ratings of AA+ (NG) and A1+(NG) respectively, assigned to Dangote Cement Plc, as well as with the outlook accorded as Stable. In addition, the cement firm’s N100bn Series 1 Fixed Rate Bond has been assigned AA+. This rating signifies that Dangote Cement’s credit profile and liquidity is very strong, with low risk of default.  The rating accorded to Dangote Cement is an investment...

Punch Newspapers Sections Dangote Cement Plc has bagged AA+(NG) and A1+(NG) ratings from Global Credit Ratings. GCR, in its notice, affirmed the long-term and short-term national scale issuer ratings of AA+ (NG) and A1+(NG) respectively, assigned to Dangote Cement, as well as with the outlook accorded as stable, according to a statement by the company on Wednesday. In addition, the cement firm’s N100bn Series 1 Fixed Rate Bond has been assigned AA+. According to the statement, this rating signifies that Dangote Cement’s credit profile and liquidity is very strong, with low risk of default...

12 months Note: accounts not covered by the Financial Services Compensations Scheme have not been included. The best fixed rate bonds for all but one-year terms have changed this week. The best five-year fixed rate bond is now from Shawbrook Bank with its 5 Year Fixed Rate Bond Issue 33. The account pays 1.25% gross with interest paid on the anniversary of the account opening and 1.24% gross with monthly interest. The minimum deposit to open this account is £1,000 and it can only be opened online and managed online and by phone.  There are multiple savings providers offering the best rate f...