By Johnson Emmanuel Nigeria recorded its strongest oil production performance of 2026 in April, as total liquid output rose to 1.66 million barrels per day …
Tag:
OPEC
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Energy
Nigeria Oil Production Hits 1.55mbpd, Still Below OPEC Quota
by StakeBridgeby StakeBridge 3 minutes readBy Olumide Johnson Nigeria’s oil production increased by 4.2 percent to 1.546 million barrels per day in March 2026 from 1.483 million barrels per day …
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Energy
Nigeria Oil Production Falls To 1.31mbpd, Missing OPEC Quota
by StakeBridgeby StakeBridge 5 minutes readBy Olumide Johnson Nigeria’s crude oil production declined to 1.31 million barrels per day (mbpd) in February, according to data released by the Organisation of the …
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EconomyEnergy
Nigeria’s N55.5trn Oil Windfall Hides Output Failures
by StakeBridgeby StakeBridge 5 minutes readNigeria earned N55.5trillion from crude in 2025, but gains were price-driven, not volume-driven, highlighting structural production weaknesses and underperformance against OPEC quotas. Nigeria earned an estimated …