
Nigeria’s crude oil production rose slightly to 1.401 million barrels per day (bpd) in October 2025, but still remained below its OPEC-assigned quota of about 1.5...
The Organisation of the Petroleum Exporting Countries and its allies (OPEC+) has announced it will suspend further oil output increases in the first quarter of 2026,...
…Dangote imports 60m barrels of crude Nigeria’s crude oil production has slumped to a five-month low, even as the country’s import bill for petroleum products soared...

The oil output of Nigeria, including condensate, rose month-on-month by 4 percent to 1.737 million bpd in January 2025, from 1.667 million bpd recorded in the...
Nigeria says it will conform with the production quota set for it by the Organisation of Petroleum Exporting Countries (OPEC). OPEC had on June 2, extended...
…as OPEC, oil traders dispute NNPCL’s figures Nigeria’s actual crude oil production figures are far above the official figures declared monthly by the supervising ministry and...
The Federal Government has disagreed with the Organisation of Petroleum Exporting Countries (OPEC) on the country’s average daily crude oil production. OPEC had put the Nigeria’s...
Latest figures from the Organisation of Petroleum Exporting Countries (OPEC) show that Nigeria’s crude oil output, excluding condensate, dropped month-on-month, by seven per cent to 1.3...
The Organisation of Petroleum Exporting Countries (OPEC) on Thursday experienced a major crack with one of its members, Angola, announcing its exit from the oil cartel...