Nisa Medical Group (NMG) has been rated “Bbb” by Agusto & Co., a leading pan-African ratings agency. Nisa Medical Group is one of the leading healthcare institutions in Nigeria.

The credit rating agency’s rigorous assessment evaluates various financial and operational factors to determine an organization’s creditworthiness and ability to meet its financial obligations.  Nisa Medical Group has demonstrated outstanding financial stability and management practices, solidifying its position as a top-tier healthcare provider.

Agusto & Co. assigns a “Bbb” rating to Nisa Medical Group Limited (“Nisa Medical Group”, “NMG” or the “Company”). The rating assigned takes into account the company’s satisfactory profitability, good liquidity, sufficient working capital and moderate financial leverage. The rating is also supported by NMG’s broad range of healthcare services, ongoing growth initiatives, which we believe will have a positive impact on NMG’s operating results and cash flows in the medium term, as well as its stable, competent management team and experts. The rating is also tempered by the country’s weak macroeconomic indicators, which limit the company’s ability to adjust prices, resulting in slow sales growth, increased brain drain, increased energy costs due to rising global oil prices, a decline in consumer purchases, etc. Higher Trade, Bargaining power of health management organizations (HMOs).

Nisa Medical Group Limited, a leading private healthcare provider in the Federal Capital Territory of Abuja, commenced operations in 1996 as a Gynecology and Infertility Clinic. NMG performed the first government certified In Vitro Fertilization (IVF) birth in Nigeria in 1998 and has delivered over 5,000 babies using the IVF technique over the years. Although NMG started as an infertility clinic, it has expanded its service portfolio to include: Emergency Services, Urology, Surgery, Cardiology, Physiotherapy, Laboratory Services, Nephrology and Oncology. The company operates primarily through five business units in the Federal Capital Territory: Abuja – Nisa Premier Hospitals Limited, Nisa Pharmaceuticals Limited, Nisa Reproductive Health Center Limited in Kaduna, Cell Genomics Limited and the Institute of Medical Sciences of Africa (IMSA).

We thank our stakeholders for their trust in us to meet and exceed expectations and reiterate our commitment to creating value for all.

We are deeply grateful to our dedicated team of healthcare professionals, administrators, and support staff whose unwavering dedication and hard work have contributed to this remarkable achievement.  Their commitment to excellence and efficiency has been instrumental in securing this exceptional credit rating.

NMG is committed to leveraging its strong financial position to invest in innovative healthcare solutions, enhance patient care experiences, and expand access to quality healthcare services for all individuals.