Article

Falcon Corporation Limited has received an 'A' long-term and 'A1' short-term corporate credit rating from Agusto & Co. with a stable outlook. These ratings indicate Falcon's strong financial position, supported by sustained gas demand from industrialisation and energy transition pressures.

The company's operating cash flow benefits from favorable trade terms and long-term gas supply contracts. Falcon operates a gas distribution network of 25 million standard cubic feet per day in the Ikorodu Natural Gas Distribution Zone, serving over 21 industrial and commercial customers and expanding into the LPG sector.