Author: InvestAdvocate

Nigeria’s Upstream Reform Program Captures 40% of Africa’s FID Activity After a Decade on the Margins

A government three-year review documents how executive action under President Tinubu reversed a decade of upstream decline May 8, 2026/AEC Nigeria has gone from capturing 4% of Africa’s upstream final investment decisions (FIDs) to commanding 40% in two years, according to Nigeria’s Energy Sector Reforms 2023-2026: A Three-Year Review, published by […]

NGXASI Advance +2.10% on Gains in Blue Chips

The NGXASI advanced by 2.10% to close at 244,775.83 pts, as buy pressure in DANGCEM (+10.00%), FIRSTHOLDCO (+9.98%) and BUACEMENT(+6.71%) drove the domestic bourse into the positive region.   In the fixed income space, the Treasury Bills secondary market traded on a tepid note, driven by the weak buy sentiment observed […]

Oil Markets Whipsawed by Conflicting U.S.-Iran Signals

May 8, 2026/Oilprice.com Tom Kool Editor, Oilprice.com Oil prices head for a 7% weekly loss as traders struggle to price in conflicting signals from U.S.-Iran talks and ongoing Middle East attacks. Friday, May 8, 2026 Oil prices are set for a 7% weekly loss after markets remain confused about the […]