Saturday, August 2, 2025

The Truth Banishes Fear!

National Assembly Calls Off Tuesday Reconvening

Hamilton Nwosa
Writer

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The Hidden Signals in Oil Markets

Asia’s oil demand is growing faster than major agencies forecast, led by India and Southeast Asia’s emerging economies. China is rapidly restructuring its supplier base, favoring Brazil while cutting ties with U.S. energy. Kazakhstan’s refining expansion and chronic overproduction raise major questions about its future in OPEC+. I’ve been following the oil market closely this…

Oil Falls Below $70 as Sentiment Sours

A poor U.S. jobs report led to a broader sell-off on Friday, with leading stock indices falling from record highs. Friday, August 1st, 2025 Buoyed by Trump’s Russia threats and news of Indian state refiners curbing purchases of Russian crude, crude oil futures have been trending above $70 per barrel throughout the week, settling on…

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The National Assembly will no longer reconvene on Tuesday, August 14.

This was revealed to sources on Monday by a source at the legislature who asked not to be named.

This lates information runs contrary to the announcement by Deputy Speaker of the House, Mr Yusuf Lasun, who said last week the Senate would reconvene on Tuesday to consider the budget for the 2019 polls and other pending issues forwarded to lawmakers by President Muhammadu Buhari in July.

Details later…

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