Business News

Improved Operating Performance Earns Aradel Holdings Rating Upgrade

Aradel

By Dipo Olowookere The A+(NG)/A1(NG) national scale long-term and short-term issuer ratings of Aradel Holdings Plc have been upgraded by CGR Ratings to AA-(NG)/A1+(NG). A statement from the rating agency disclosed that the upgrade followed the energy company’s improved operating performance. Aradel Holdings, which trades its securities at the second-tier stock exchange in Nigeria, the […]