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OPEC Nigeria Newsletter
  • Nigeria Risks $15bn Revenue Shortfall As US Crude Prices Fall By 17% 27 Oct 2025 05:20 GMT

    … environment, combined with tightening OPEC+ pro­duction quotas, could … explo­ration, thereby challenging Nige­ria’s ability to … stressed that Nigeria’s con­tinued commitment to OPEC+ quotas … environment, combined with tighter OPEC+ production quo­tas, presents …

  • Rencap: Outlook for Nigeria’s oil & gas sector broadly positive 24 Oct 2025 20:57 GMT

    Nigeria';s Minister of State for Petroleum Resources, who will visit OPEC … , a critical component for Nigeria’s industrialization, was another … its stake on the Nigerian exchange. This move is … reveals a reenergized Nigerian oil and gas sector …

  • Bonny Light boom: Nigerian crude set for biggest weekly surge since June rally  24 Oct 2025 14:19 GMT

    … increased demand for alternative grades.   Nigeria’s flagship light sweet crude … 5 per barrel because of OPEC+ compliance and a recovery in … revenues by pushing them above Nigeria’s 2025 budget benchmark of … oil prices and stated that OPEC is ready to boost …

  • Naira Strengthens To ₦1,460/$ As Nigeria’s Foreign Reserves Rise To $42.865 Billion 24 Oct 2025 07:37 GMT

    … Thursday as liquidity improved across Nigeria’s foreign exchange market, … from the Central Bank of Nigeria (CBN) showed that the … coincided with a rebound in Nigeria’s foreign reserves, which … comes as Nigeria seeks an upward revision of its OPEC production …

  • Fuel Subsidy Removal and the Economic Implications for Nigerians 24 Oct 2025 04:41 GMT

    … in Nigeria’s implementation. Structural Miscalculation Nigeria’s … reforms, government left Nigerians without refinery capacity, … . World Bank. (2023). Nigeria Development Update. Washington, DC … Ghana. Washington, DC. OPEC. (2023). Annual Statistical …

  • Nigeria’s Gold, Other Solid Minerals Being Stolen – NEC 24 Oct 2025 06:59 GMT

    … day, far below Nigeria’s OPEC quota, costing the … mineral assets,” Uzodinma added. Nigeria’s illegal mining economy, … to data from the Nigeria Extractive Industries Transparency Initiative, … of mining activities in Nigeria were conducted informally, without …

  • OPEC quota review: Does Nigeria have strong case? 23 Oct 2025 16:52 GMT

    … upcoming Organization of the Petroleum Exporting Countries (OPEC) meeting scheduled for November. The announcement comes as Nigeria … the November OPEC meeting outcomes and subsequent implementation strategies by the Nigerian government to …

  • Nigeria Pushes For Higher OPEC Production Quota To Strengthen Oil Revenue Base 23 Oct 2025 14:12 GMT

    … Petroleum Exporting Countries (OPEC) meeting slated for … Senator Heineken Lokpobiri, Nigeria’s current OPEC allocation of about … this target. The Nigerian Upstream Petroleum Regulatory Commission … Recent data from the Nigerian National Petroleum Company …

  • Nigeria Poised to Seek Higher Opec Quota 23 Oct 2025 16:41 GMT

    Opec's top African producer, Nigeria, will likely apply for an upward revision to its 1.5 million barrel per day quota at the upcoming Nov. 30 ministerial meeting, says the Nigerian Minister of State for Petroleum Resources.

  • Nigeria To Push For Increase In OPEC Quota To 2mb/d — Lokpobiri 23 Oct 2025 11:39 GMT

    … of Petroleum Exporting Countries (OPEC) scheduled for November. … bulletin published by the Nigerian Upstream Petroleum Regulatory Commission …   Lokpobiri expressed confidence that Nigeria’s improved output levels, … Minister, the OPEC quota for Nigeria was 1.5 …

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