RMB Nigeria Asset Management Limited (RMBN AM) has received a two-notch credit rating upgrade to ‘A+’ for its RMBN Money Market Fund from Agusto & Co., Nigeria’s leading rating agency.
The upgrade reflects the Fund’s high-quality asset base, strong liquidity profile and disciplined risk management approach, and reinforces its position as a credible money market investment option in Nigeria’s evolving market environment.
Kike Mesubi, CEO of RMB Nigeria Asset Management, said the upgrade affirms the strength and consistency of the Fund’s investment approach.
“This upgrade is a strong endorsement of the quality, discipline and consistency that underpin how we manage the Fund. Our focus remains on preserving capital, delivering competitive returns and maintaining a prudent approach to risk management,” said Mesubi.
The Fund has consistently ranked among the top performers in its category, despite tighter market conditions and moderating yields.
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