• Preheat oven to 350 F degrees. Line a 9x5" loaf pan with parchment paper, or spray with baking spray (this is the one I use). Set aside.
• In a mixing bowl, add all dry ingredients (flour, baking powder, salt, cinnamon, and nutmeg), and whisk to combine.
• In a separate, larger mixing bowl, add eggs and whisk. Whisk in sugar, then vegetable oil, melted butter, eggnog, vanilla extract and rum.
• Add dry ingredients to eggnong mixture, using a rubber spatula or wooden spoon to stir until JUST combined.
• Pour into prepared loaf pan and bake for 50-65 minutes, until lightly golden and a toothpick inserted in the center comes out clean or with just a few moist crumbs.
• Let cool in the loaf pan for 10 minutes, then turn out onto wire cooling rack to cool completely.

GLAZE

• While loaf is cooling, make the glaze by combining powdered sugar, cinnamon and nutmeg in a small mixing bowl. Whisk to remove any lumps from the powdered sugar.
• Whisk in the rum and eggnog, adding the eggnog 1 Tbsp at a time, until desired consistency is reached.
• Drizzle over cooled bread and serve.