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 […]

Market Momentum Strengthens as Equities Push Higher

January 9, 2026/United Capital Report Equities Market Summary Today, the Nigerian Exchange Market closed on a positive note following share price appreciation in MTNN (+7.63%) and DANGSUGAR (+9.23%). As a result, the benchmark Nigerian Exchange All-Share Index (NGX-ASI) rose by 0.93% to settle at 162,298.08 points. Year-to-date returns closed at […]