Nigeria’s crude oil production rose to 1.459 million barrels per day (bpd) in January 2026, reinforcing its position as Africa’s largest oil producer despite falling short of its Organisation of Petroleum Exporting Countries (OPEC) quota. The figures were disclosed in OPEC’s latest Monthly Oil Market Report (MOMR) released on Wednesday. The latest data highlights modest month-on-month growth in output but underscores Nigeria’s continued struggle to meet its assigned production ceiling. The increase signals gradual recovery in output levels, even as structural and operational challenges persist in the oil sector. While…
Read MoreNigeria’s crude oil output rises to 1.459m bpd in January – OPEC
