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Nigeria’s oil output drops 9% to 1.483m bpd

Nigeria’s oil output drops 9% to 1.483m bpd

•As NUPRC shortlists investors for 50 oil blocks By Udeme Akpan, Energy Editor Nigeria’s oil output, including Condensate, has dropped month-on-month, MoM, by nine per cent to 1.483 million barrels per day, bpd in February 2026 from 1.627 million bpd in January 2026. The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, disclosed this yesterday in its report – […]

Dollar to Naira exchange rate today, March 18, 2026

Dollar to Naira exchange rate today, March 18, 2026

The Nigerian Naira maintained a relatively stable position against the US Dollar on Wednesday, March 18, 2026, as the foreign exchange market reacted to a significant surge in global oil prices and a milestone increase in the country’s external reserves.