Business

Bode Agusto Dies at 68

Editor/

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

Agusto, also a renowned economist and a former Director-General of the Budget Office of the Federation, died at the age of 68.

Before his passing, Agusto was an independent consultant in the world of economics, finance, and business strategy.

Agusto & Co., established in 1992, played a crucial role in introducing credit rating services to Nigeria. The company was officially licensed by the Securities and Exchange Commission, making it the nation’s very first credit rating agency.

Agusto led the company as Managing Director for 11 years.

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