Foremost Economist Bode Agusto Dies At 68


 

Bode Agusto, foremost economist and founder of Nigeria’s first credit rating agency, Agusto & Co, has died at the age of 68.

Media mogul Dele Momodu confirmed his death in an Instagram post on Thursday.

“One of Nigeria’s biggest economic wizards, Mr Olabode Agusto, has passed on. He founded AGUSTO & CO Ltd., a credit rating company.

“His darling wife, Edna and children were in Portugal (his adopted country) when he passed on at close to 70. May his brilliant soul rest in peace,” Mr Momodu wrote.

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

Bode Agusto appointed head of Lagos economic advisory committee

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.

Agusto was a director in the National Pension Commission, and member of the Central Bank of Nigeria Monetary Policy Committee.

In 2003, ex-President Olusegun Obasanjo awarded Agusto the national honour of Member of the Order of the Federal Republic for his contributions to the Nigerian economy.

 

CKN NEWS

Chris Kehinde Nwandu is the Editor In Chief of CKNNEWS || He is a Law graduate and an Alumnus of Lagos State University, Lead City University Ibadan and Nigerian Institute Of Journalism || With over 2 decades practice in Journalism, PR and Advertising, he is a member of several Professional bodies within and outside Nigeria || Member: Institute Of Chartered Arbitrators ( UK ) || Member : Institute of Chartered Mediators And Conciliation || Member : Nigerian Institute Of Public Relations || Member : Advertising Practitioners Council of Nigeria || Fellow : Institute of Personality Development And Customer Relationship Management || Member and Chairman Board Of Trustees: Guild Of Professional Bloggers of Nigeria

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