Founder of Nigeria’s first credit rating agency, Bode Augusto dies at 68Founder of Nigeria’s first credit rating agency, Bode Augusto dies at 68

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Nigerian economist and founder of Agusto & Co, Nigeria’s first credit rating agency, Bode Augusto, has died at the age of 68.

Before his passing, Bode Agusto was an independent consultant in the world of economics, finance, and business strategy.

Agusto & Co., established in 1992, played a crucial role in introducing credit rating services to Nigeria.

The company was officially licensed by the Securities and Exchange Commission, making it the nation’s very first credit rating agency.

Bode Agusto led the company as Managing Director for 11 years.

As of 2023, Agusto & Co. has expanded its reach, offering its services not only in Nigeria but also in countries like Kenya and Rwanda.

His legacy as a pioneer in economics and finance will be remembered and celebrated in the finance industry.