Sunday, August 3, 2025

The Truth Banishes Fear!

EFCC Chair, Ibrahim Magu, Seeks Professional Bodies’ Support On Anti-graft War

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 acting Chairman, Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, has charged professional bodies in the country to join hands with the Commission in the fight against corruption and economic crimes. Speaking at a workshop on the “Role of Professionals in the Fight Against Corruption” at the Rockview Hotel, Abuja on Friday, June 17, 2016, he said: “Instead of conniving with people to launder the proceeds of corruption, I beg you to join hands with the EFCC to fight corruption”.

13415595_1125379230817899_5944868857889329948_o (1)13422469_1125379397484549_3277428778856164958_o  13443112_1125379347484554_7223540620008239147_o 13483340_1125379290817893_7896804759875114244_o“Many professionals celebrate criminality by doing a lot to foster corruption, which adds more to money laundering. I don’t intend to criticize the work of professionals, but to solicit their support in order to make Nigeria better for the younger generation.

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