Author: InvestAdvocate

Nigeria Should Not Be Importing Fuel, We Have the Capacity to Meet Local Demand — Dangote

… seeks legislative backing for Nigeria First Policy December 1, 2025/Dangote Group President/Chief Executive, Dangote Industries Limited, Aliko Dangote, has criticised the crude supply practices of international oil companies, insisting that Nigeria has no justification for importing crude or refined petroleum products if existing laws are properly enforced.  Speaking during […]

Market Retreats as Profit-Taking Hits Key Stocks

December 1, 2025/United Capital Report Equities Market Summary Today, the Nigerian Exchange Market closed on a negative note following share price depreciation in DANGSUGAR(-1.61%) and WAPCO(-0.45%). As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) fell by 0.22%, closing at 143,210.33 points. Year-to-date returns weakened to close at 38.80%, […]

SEC Vows Intensified Collaboration to Prosecute Ponzi Scheme Perpetrators

November 30, 2025/SEC Nigeria The Securities and Exchange Commission (SEC) has reaffirmed commitment to strengthen inter-agency collaborations to identify and prosecute the promoters of Ponzi schemes in line with the Investments and Securities Act (ISA) 2025.The Divisional Head, Legal and Enforcement, SEC, Mr John Achile, said this at the commission’s […]