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 […]
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95% Insurance Companies embrace the NIID project-NIA
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 […]
Ecobank cuts workforce, promotes employees
Following its recent merger with the former Oceanic Bank International Plc, Ecobank Nigeria Plc has hinted that it has disengaged some workers, while also announcing the promotion of its top 1,000 performing staff. A statement by the bank on Wednesday stated that the bank also gave a unique opportunity to […]

