Agusto & Co. upgrades Wema Bank’s rating to ‘A’ on improved profitability

Nairametrics | 23-05-2026 12:26am |

Agusto & Co. has announced an upgrade of Wema Bank Plc's long-term rating from ‘A-’ to ‘A’, reflecting the bank's enhanced profitability. The agency has also maintained the bank's short-term rating at ‘A1’. This upgrade indicates a positive assessment of Wema Bank's financial performance and stability in the current market environment.

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