Oil
Nigeria’s oil output surges 1.72m barrels in Sept
CEII brief
Punch reported on 14 Oct 2026: Nigeria’s oil output surges 1.72m barrels in Sept.
Read the full story on PunchNigeria’s daily crude oil and condensate production rose to 1.717 million barrels in September, meeting its OPEC quota for the fifth consecutive month.
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 © Punch. 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.
