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.

NNPC Confirms Dangote's N11bn Crude Oil Purchase in July   The Nigerian National Petroleum Company Limited (NNPCL) has disclosed that the Dangote Petroleum Refinery accounted for 32.33 per cent of its total crude oil sales in July, worth N34.64bn This was contained in an internal document...

Dangote Refinery Hits 610,000bpd, Nears Full Capacity   The Dangote Petroleum Refinery is operating more reliably and efficiently than ever before, with output surging to around 610,000 barrels per day this month, edging closer to its official nameplate capacity of 650,000bpd, global energy and commodity agency...

Nigeria’s crude oil production rose to a peak of 1.78 million barrels per day (mbpd) in July, the highest level recorded year-to-date (YTD). The July production was about a five per cent uptrend compared to the 1.7 mbpd average output recorded in June.

The United States became a net exporter of crude oil to Nigeria in February and March, as crude demand on the U.S. East Coast slowed due to refinery maintenance, and the Dangote refinery drove up Nigeria’s demand for inputs.