The news of the passing of Bode Agusto, a former Director-General of the Budget Office of the Federation, has brought a sense of loss.
At the age of 68, Mr. Agusto left behind a legacy that touched many in the world of economics, finance, and business strategy.
Agusto, who was also the founder of Agusto & Co, a Pan-African credit rating agency, played a pivotal role in introducing credit rating services to Nigeria.
Established in 1992, his company became the nation’s very first licensed credit rating agency, officially recognized by the Securities and Exchange Commission.
The sad news was confirmed by Olufemi M. Awoyemi, the current CEO, Founder, and Chairman of Proshare Nigeria, via his social media handle, where he paid a heartfelt tribute to Bode Agusto. Awoyemi highlighted Mr. Agusto’s profound impact on their professional journeys, emphasizing the importance of facts and data in their work.
In his tribute, Awoyemi said, “@bodeagusto, the founder of @agustoandco, was the pioneer who taught us all how to respect facts and data in our engagements. A great human being and a fabulous teacher you were.
Your teachings, delivered with conviction, will always be with all of us; our career paths were impacted by you. I pray to Almighty God to give enough strength to his family members to overcome this loss, and may his soul rest in peace.”
Bode Agusto’s legacy as a pioneering figure in credit rating and his contributions to economics and finance will be remembered and respected for years to come.














