Nigeria’s crude oil production climbed to a new high of 1.78 million barrels per day (mbpd) in July — the strongest performance so far in 2025 — offering the Federal Government a fiscal reprieve following a $5.3 billion revenue shortfall in the first half of the year due to persistent underproduction. The encouraging output, which … Continue reading Nigeria’s Oil Output Hits 1.78mbpd In July, Cuts $5.3bn Revenue Gap Amid Upstream Recovery