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Founder Of Nigeria’s First Credit Rating Firm, Bode Agusto, Is Dead



The founder of Nigeria’s first indigenous credit rating agency, Agusto & Co, Mr Bode Agusto, is dead.

Agusto, a prominent Nigerian economist, passed away 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., which was founded in 1992, is a prominent Pan-African Credit Rating Agency and a leading provider of industry research and knowledge in Nigeria and Sub-Saharan Africa.

Bode Agusto was the founding Managing Director of the company. He was a Chartered Accountant with over three decades of work experience in both the private and public sectors.


Agusto was an Assistant Vice President in Citibank Nigeria, a Partner in PwC, and Director-General & Adviser (Budget Matters) to former President Olusegun Obasanjo during his second term in office. He was also a non-Executive Director of the National Pension Commission (PenCom), the Shell Nigeria Pension Fund, and a member of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN).

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