By Aduragbemi Omiyale Dangote Cement Plc’s national scale long-term issuer rating of AA+(NG) has been affirmed by GCR Ratings, a notable rating company recently acquired by Moody’s. This was due to the cement maker’s strong earnings and cash generation, which are enough to offset liquidity pressures from high dividend payouts, “elevated short-term debt, and the […]
GCR Affirms Dangote Cement’s National Scale Long-Term Issuer Rating
