Atiat Limited has been assigned a BBB+ long-term rating and A1 short-term rating with a stable outlook in the 2025 Corporate Rating Report released by Datapro, an independent rating agency.

The agency said the rating reflects the company’s good credit quality and its capacity to meet long- and short-term financial obligations. 

Datapro stated that the assessment considered earnings performance, capitalization, asset quality, liquidity strength, corporate governance and the firm’s resilience amid current economic pressures.

According to the report, Atiat’s 2024 financials showed notable growth, with Total Assets rising by 62 percent, driven largely by increased financial assets and lending activities. 

Net Loans and Advances expanded by 177 per cent during the year, while the company recorded a Non-Performing Loan ratio of 4.3 per cent, below the regulatory benchmark.

The agency also noted improvements in profitability, as the company’s Profit Before Tax grew by 23 per cent despite volatility across the financial services sector.

Commenting on the development, Managing Director/Chief Executive Officer (MD/CEO) of Atiat Limited, Mr. Kanayo Eni-Ikeh, said the rating affirms the firm’s strategic direction and operational discipline. 

He said the organisation will continue to strengthen its capacity to offer secure and efficient financial solutions across its business segments.

Atiat, established in 2007, operates within Nigeria’s financial and mobility services space with offices in Lagos and Abuja, and subsidiaries spanning lending, leasing, fleet management, insurance brokerage, renewable energy and technology services.

The firm serves clients across banking, telecommunications, oil and gas, power and FMCG sectors.