January 9, 2026/CSL Update According to the Nigerian Electricity Regulatory Commission (NERC) Q3 2025 report, average energy offtake, defined as the volume of electricity distributed to end-users, declined by 7.1% quarter-on-quarter (q/q) to 3,328.33 MWh/h, from 3,582.6 MWh/h recorded in Q2 2025. This outcome reflects weaker-than-expected utilisation of the Partially […]
Author: InvestAdvocate
Faroukgate: Dangote Takes Petition Against Ex-NMDPRA Boss to EFCC
January 9, 2026/Dangote Group The Chairman of Dangote Industries Limited (DIL), Aliko Dangote, through his legal representative, has filed a formal corruption petition against former Managing Director of the Midstream Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, at the headquarters of the Economic and Financial Crimes Commission (EFCC). This move […]
Iran Protests Put Supply Risk Back on the Oil Radar
January 9, 2026/Oilprice.com Tom Kool Editor, Oilprice.com Another setback in Russia–Ukraine peace talks and persistent tensions around Venezuela failed to jolt oil markets out of their New Year’s lull. Friday, January 2, 2026 Iran protests have added some impetus to 2026’s heretofore surprisingly bullish start, putting potential supply disruptions back […]
