Daily Record

JUST IN: Seplat’s oil rig collapses, crew members missing

Seplat Energy Plc’s oil drilling platform suffered a major reversal yesterday as the company’s oil drilling rig capsized near Ovhor, Delta State. Seplat Energy is the operator of Seplat/NNPCL joint venture. The company’s production guidance for 2023 is between 45,000 and 55,000 boepd. Chief Executive Officer, Seplat Energy Plc, Mr Roger …

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Forex crisis: TETFund mulls suspension of overseas scholarships

Executive Secretary, TETFund, Sonny Echono The Tertiary Education Trust Fund has said the recent monetary policy of the Central Bank of Nigeria has created difficulties in the payment of foreign scholarship tuition and stipends. The Executive Secretary of TETFund, Sonny Echono, disclosed this at a one-day Stakeholders’ Engagement on Emerging …

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MoneyMaster PSB introduces G-Kala Glo Airtime Promo 

MoneyMaster PSB (MMPSB), a major payment service bank promoted by Globacom, is embarking on a reward scheme for Glo subscribers in the Lagos area who register and activate their own G-Kala wallets. The proposed reward, offering airtime for subscribers who seize the opportunity to register their G-Kala wallets under the …

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FG in deregulation dilemma as 24% inflation worsens poverty

• Stakeholders insist figures are under-reported •‘Nigerian manufacturers have become endangered species • Palliatives will not have any effect this year – AFAN • Expert foresees higher interest rate at next MPC meeting • We need to look beyond monetary policy for a solution, ICSAN warns As inflation bites further, mostly from …

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