Oil
Nigeria Meets OPEC Quota For 5th Straight Month, Hits 102% In September
CEII brief
LEADERSHIP Newspapers reported on 25 Oct 2026: Nigeria Meets OPEC Quota For 5th Straight Month, Hits 102% In September.
Read the full story on LEADERSHIP NewspapersSingle-day production peaked at 1.84 million barrels during the month, reinforcing Nigeria’s position as Africa’s largest crude oil producer.
Context from CEII
Crude benchmarks move budgets, currencies and inflation in producer and importer countries alike. For economies such as Nigeria, where fuels dominate exports, production and refining decisions move the whole economy.
85.9% of Nigeria’s merchandise exports were fuels in 2025Countries in this story
Original reporting © LEADERSHIP Newspapers. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.