The corporation also stated that the new licensed institutions have commenced operations under new names.
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Governor Uba Sani described the departed matriarch as a woman of “rare grace, moral clarity, and quiet strength,” whose life was defined by compassion, humility, and service to humanity.”
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“This latest upgrade by S&P follows similar positive rating actions in 2025 by Fitch Ratings and Moody’s Ratings,” Mr Oyedele wrote.
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The move is a major component of the telco’s capital allocation policy, the company, which operates in 14 markets across Africa, stated in a statement on Friday.
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