Nigeria’s Oil Output Drops By 14% To An Average Of 1.5mb/d       Nigeria might be under pressure to fund its N13.8 trillion 2021 budget following a significant drop of its oil output by 14.08 percent in the first 10 months of 2020, according to data obtained...

Oil Drops To $39, Nigeria’s Output Rises     The international oil benchmark, Brent crude, fell below the $40 per barrel mark on Monday, amid demand worries, as the Organisation of the Petroleum Exporting Countries further cut its outlook for demand growth. Nigeria, Africa’s biggest oil producer, said...

Without Reforms, Nigeria's Oil Output Could Decline By 35%   Cost increases and uncertainty in Nigeria’s crucial energy sector could lead to a 35per cent decline in oil output over 10 years as companies delay investments in key oilfields, consultancy Wood Mackenzie said in a new...

Nigeria's Oil Output Reaches Highest Level Since Jan 2015   Nigeria’s crude oil production rose to 1.97 million barrels per day, its highest since January 2015, according to data from S&P Global Platts. The country’s output was buoyed by the Egina deepwater oilfield, which started production six...