Oil price fall affects insurance negatively – Shoderu
The drop in the price of crude could adversely affect the insurance industry, given the fact that insurance thrives when the economy is robust, experts have said. President of the Nigerian Council of Registered Insurance Brokers, NCRIB, Mr. Ayodapo Shoderu, who made the assertion, noted that at the level of the common man, the devalued naira will reduce the disposable income of Nigerians, further precluding them to care less about undertaking insurance.
African leaders urge ‘Marshall Plan’ for Ebola recovery
The leaders of the west African countries worst hit by Ebola called for more aid to eradiate the disease and rebuild their shattered economies at an international conference in Brussels Tuesday. Liberian President Ellen Johnson Sirleaf, Sierra Leone President Ernest Bai Koroma and Alpha Conde of Guinea urged the world to help their recovery as the number of new cases slows.
CBN should encourage lending to oil, gas companies – Fatona
Layi Fatona is the Managing Director of Niger Delta Exploration and Production Plc, Nigeria’s foremost indigenous and independent operator of small to medium sized fields. He was the guest speaker at the Lagos oil club, where he enunciated the operations of the company in the last 10 years. He spoke to Sweetcrude on the sidelines as reported by Sebastine Obasi. Excerpts:
Bovi Ugboma – On the Bankability of comedy
Nigerian comedian, husband, father and entertainer, Bovi Ugboma, always wanted to be an entertainer from when he was a child. With hard work, persistence and creativity, the 35-year old Theatre Arts graduate of Delta State University has achieved his life-long dream.
IS says US suicide bomber carried out Iraq attack
The Islamic State group said Tuesday a US citizen carried out a suicide attack against Iraqi forces involved in an operation to retake the jihadist-held city of Tikrit. “The brother Abu Dawud al-Amriki (may Allah accept him) launched himself with his explosives-laden truck against a gathering” of Iraqi forces and militiamen, an IS radio bulletin said.
Complete deregulation is solution to fuel shortages – MOMAN
The Executive Secretary, Major Oil Marketers Association of Nigeria, MOMAN, Mr. Obafemi Olawore, last week intimated journalists about efforts between government and oil marketers to avert fuel supply shortages. Clara Nwachukwu was there. Excerpts:
