Nigeria exported 33.23 million barrels of crude oil to the United States between January and August 2025, valued at $2.57 billion, making it Africa's largest exporter of crude oil to the US.

The African Refiners and Distributors Association (ARDA) say the continent’s crude oil consumption will rise from about 1.8 million barrels per day (bpd) in 2024 to 4.5 million bpd by 2050.

Dangote Gets Second Shipment of Ghana Crude Oil   The Dangote Petroleum Refinery has taken delivery of its second-ever crude cargo from Ghana, a move that coincides with a sharp reduction in its purchases from Europe as the plant adjusts its slate ahead of major maintenance. Industry...

Nigeria’s gross profit from crude oil and gas sales plunged by N824.66bn in 2024 despite a rebound in oil production.

The Federal Government has disclosed that a total of 67,657,559 barrels of crude oil were supplied to local refiners for processing between January and August 2025.

Nigeria’s crude oil exports declined by N3.18tn in the first half of 2025 despite an increase in production volumes, the latest foreign trade statistics report from the National Bureau of Statistics has shown.