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Business

OPEC extends Nigeria’s oil production quota to 2026

The Organisation of Petroleum Exporting Countries (OPEC), Thursday, December 5, 2024, extended Nigeria’s oil production quota of 1.5 million barrels per day (mbpd) to...

Business

Pipeline woes cripple Nigeria’s oil production, raising concerns

Nigeria’s oil production has taken a hit due to problems plaguing the Trans Niger Pipeline (TNP), according to a statement released by the Federal...

Business

At 1.3 million barrels per day, Nigeria’s oil production rises to 13-month high

Nigeria’s crude oil output rose to 1.3 million barrels per day in February, the highest in 13 months.The Nigerian Upstream Petroleum Regulatory Commission (NUPRC)...

Business

Nigeria’s oil production hits 1.6m bpd, highest in months

The Nigerian National Petroleum Company Limited (NNPCL) said on Friday that Nigeria’s oil production has risen to 1.6 million barrels per day, its highest...

Business

Nigeria’s crude oil production attains 1.5mb/d

The Nigeria Upstream Petroleum Regulatory Commission, NUPRC, has said the nation’s crude oil production has risen to 1.5 million barrels per day, mb/d, due...

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