Founder Of Nigeria’s First Rating Firm, Bode Agusto Dies

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Bode Agusto, a prominent Nigerian economist and the visionary founder of Agusto & Co, Nigeria’s inaugural credit rating agency, has passed away at the age of 68.

Bode Agusto, up until his recent demise, had established himself as an independent consultant of significant repute within the domains of economics, finance, and business strategy.

Agusto & Co., founded by Bode Agusto in 1992, played a seminal role in bringing credit rating services to the Nigerian financial landscape. 

It was officially granted a license by the Securities and Exchange Commission, thus attaining the distinction of becoming Nigeria’s very first credit rating agency. 

Bode Agusto diligently steered the company as Managing Director for a span of 11 years, underlining his enduring commitment to the industry.

In a testament to its growth and success, as of 2023, Agusto & Co. has transcended national boundaries, extending its services not only in Nigeria but also to neighboring countries such as Kenya and Rwanda, thereby further solidifying its reputation in the African financial sector.

Bode Agusto’s enduring legacy as a pioneer in the fields of economics and finance will continue to be cherished and celebrated within the finance industry, where his innovative contributions have left an indelible mark. 

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