Three former executives of disgraced medical equipment and camera maker Olympus Corp were arrested on Thursday over their role in a $1.7 billion accounting fraud, one of Japan’s biggest corporate scandals. The three had been identified by an investigative panel, commissioned by the company, as the main culprits in the […]

Moody’s warned on Thursday it may cut the credit ratings of 17 global and 114 European financial institutions in another sign the impact of the euro zone government debt crisis is spreading throughout the global financial system. It was reviewing the long-term ratings and standalone credit assessments of a range […]

By Christopher Nnanta InvestAdvocate Lagos (INVESTADVOCATE)-Ninety Five percent (95%) of Insurance Companies in Nigeria has embraced the Nigerian Insurance Industry Database (NIID) project introduced by the Nigerian Insurance Association (NIA). Davis Iyasere, Seniour Manager/ Head of Corporate Communications of NIA confirmed this to online news Agency www.investadvocateng.com in his office […]