• Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
Friday, August 14, 2026
  • Login
No Result
View All Result
NEWSLETTER
Elanza News
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Education
  • Health
  • Opinion
  • Sports
  • More…
    • About
    • Privacy Policy
    • Advertise
No Result
View All Result
Elanza News
Home Business

OPEC: Nigeria Retained Position As Africa’s Biggest Oil Producer In April

Ojimaojo Abubakar by Ojimaojo Abubakar
May 15, 2025
in Business
0
OPEC: Nigeria Retained Position As Africa’s Biggest Oil Producer In April
0
SHARES
25
VIEWS
FacebookTwitterWhatsappEmailTelegram

The Organization of the Petroleum Exporting Countries (OPEC) says Nigeria retained its position as Africa’s largest crude oil producer in April.

In its latest monthly report on Wednesday, the oil cartel said Nigeria’s oil output increased to 1.48 million barrels per day (bpd) in April, from 1.4 million bpd in the previous month.

RelatedPosts

22 offshore projects to attract $30bn investment by 2030, says NUPRC CEO

Presidency: Tinubu’s reforms responsible for firms’ stronger financial performance

Nigeria’s Forex Reserves Hit $52.5 Billion as CBN Hails Economic Recovery

According to the report, Nigeria’s oil output was the largest in Africa, leading Algeria and Congo.

OPEC said its data was based on direct communication.

Holding steady from March, the group said Nigeria surpassed Algeria, which produced 912,000 bpd, and Congo, which recorded 270,000 bpd.

However, according to data sourced from secondary sources, OPEC said Nigeria produced 1.47 million bpd in April as against 1.49 million bpd in March.

“Total DoC crude oil production averaged 40.92 mb/d in April 2025, which is 106 tb/d lower, m-o-m,” OPEC said.

On May 12, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said the country’s oil production increased to 1,485,700 bpd in April.

The NUPRC also noted that the average crude oil production for April represents 99 percent of the 1.5 million bpd quota set for Nigeria by the OPEC.

On May 12, Bayo Ojulari, group chief executive officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited, said the national oil firm will continue to drill oil in the north in efforts to ramp up production.

ALSO READ:  UBA dividend payment lifts market with N369bn gain
Previous Post

Ban NAN coverage of Kanu’s trial or allow live streaming, family tells court

Next Post

INEC Urged to Act on Supreme Court Ruling Regarding Labour Party Leadership Crisis

Ojimaojo Abubakar

Ojimaojo Abubakar

Abubakar Ojimaojo is a graduate of Mass Communication, political and football analyst currently work at elanzanews.ng as Editor. He pride himself as skilled wordsmith with a passion for delving into contemporary political issues on both national and international scale.

Related Posts

22 offshore projects to attract $30bn investment by 2030, says NUPRC CEO

22 offshore projects to attract $30bn investment by 2030, says NUPRC CEO

by Elanza
August 6, 2026
0

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says 22 major offshore projects are expected in Nigeria between 2026 and 2030,...

Army declares 38 ISWAP leaders wanted, offers financial reward for top commander

Presidency: Tinubu’s reforms responsible for firms’ stronger financial performance

by Elanza
August 6, 2026
0

Bayo Onanuga, special adviser to the president on information and strategy, says the strong financial performance posted by many companies...

Nigeria’s Forex Reserves Hit $52.5 Billion as CBN Hails Economic Recovery

Nigeria’s Forex Reserves Hit $52.5 Billion as CBN Hails Economic Recovery

by Nathaniel Irobi
August 5, 2026
0

Central Bank Governor Olayemi Cardoso, represented by acting director of corporate communications Hakama Sidi-Ali, disclosed this on Tuesday at the...

Next Post
INEC Commences 2027 Election Project, Inaugurates C’ttee

INEC Urged to Act on Supreme Court Ruling Regarding Labour Party Leadership Crisis

JAMB Registrar Weeps, Apologies Over UTME Mass Failure

JAMB Registrar Weeps, Apologies Over UTME Mass Failure

Recommended

Kebbi Governor Orders Troops to Crush Bandits in Fresh Offensive

Kebbi Governor Orders Troops to Crush Bandits in Fresh Offensive

7 days ago
WAFCON: Algeria beat Ivory Coast 2-1 to reach semi-finals, World Cup

WAFCON: Algeria beat Ivory Coast 2-1 to reach semi-finals, World Cup

5 days ago

Popular News

  • Residents flee as flood ravages 10 communities in Kebbi – NEMA

    Residents flee as flood ravages 10 communities in Kebbi – NEMA

    0 shares
    Share 0 Tweet 0
  • Arewa Youths Urge Wike To Restore DRTS Officers On Abuja Roads

    0 shares
    Share 0 Tweet 0
  • Group Faults Kwara CP, Demands Rescue Of 176 Abductees

    0 shares
    Share 0 Tweet 0
  • Drama In FCT Polls As APC, PDP Candidates Step Down For Each Other

    0 shares
    Share 0 Tweet 0
  • Boost Military Morale Through Positive Coverage, Media Told

    0 shares
    Share 0 Tweet 0

Connect with us

Facebook Instagram Twitter Youtube
Elanza logo

Elanza News is your NO 1 online platform for all news update.
#SayNoToFakeNews
Contact Us

Category

  • Arts & Literature (26)
  • Business (849)
  • Education (283)
  • Entertainment (468)
  • Health (261)
  • National (3,410)
  • News (11,015)
  • Opinion (478)
  • Politics (2,298)
  • Science (15)
  • Security (421)
  • Sports (781)

Newsletter

© 2023 Elanza News - The No 1 online news platform

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Politics
  • Business
  • Science
  • National
  • Entertainment
  • Sports
  • Health

© 2023 Elanza News - The No 1 online news platform