Nigeria May Earn Over $4.4bn From Crude Oil Sales In September

Africa’s biggest oil producer will likely pocket over $4.43bn in September as the Nigerian National Petroleum Company Ltd begins pumping 1.67 million barrels of crude oil into the market.

Nigeria, which is the continent’s top oil producer recorded an average daily oil production of 1.22 million barrels per day (mbpd) in the second quarter of 2023 according to official data released by the National Bureau of Statistics.