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99% OPEC Target:  Nigeria oil revenue hits $2.87b as Production increases 

April crude production hit 1.488 million bpd, meeting 99.2% of OPEC’s quota

Total liquids output rose 7.5% monthly to reach 1.66 million bpd

Geopolitical price spikes drove a N3.94 trillion ($2.87 billion) monthly revenue windfall

Two-month excess revenue hit N5.13 trillion despite trailing the national budget benchmark

99% OPEC Target:  Nigeria oil revenue hits $2.87b as Production increases 

barrels of oil

April crude production hit 1.488 million bpd, meeting 99.2% of OPEC’s quota

Total liquids output rose 7.5% monthly to reach 1.66 million bpd

Geopolitical price spikes drove a N3.94 trillion ($2.87 billion) monthly revenue windfall

Two-month excess revenue hit N5.13 trillion despite trailing the national budget benchmark

Asiwaju-Bola-Ahmed-Tinubu-president-of-Nigeria.
  • Economy

Nigeria Seeks $1.25 Billion World Bank Credit to Bolster Growth Amid Shifting Debt Outlook

MTN TOWER
  • Business

MTN Group Earnings Surge 27.9% as Nigeria and Ghana Drive Q1 Growth

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  • Business

Dangote Refinery Targets $50 Billion Valuation in Landmark 2026 IPO

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  • Finance

Ex-IMF Economist Lamido Yuguda Assumes Role as Nigeria Central Bank Deputy Governor

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African Leaders Demand Credit Rating Overhaul at Nairobi Summit

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Nigeria Central Bank Warns Regions Against Debt Spree as Risks Mount

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  • Energy

Oil Surges 5% as Trump Rejects Iran Peace Proposal

  • Energy

How Nigeria’s New Refinery Partnership deal Will Redraw the African Energy Market

Commentary

Beyond the Red Carpet: The UK State Visit is an Investment in Nigeria’s Future

24 March 2026

South Africa to scrap its prime lending rate with central bank policy rate

18 February 2026

Nigeria Industrial Giant BUA Partners Abu Dhabi’s AD Ports to Revolutionize West African Logistics

17 February 2026

Nigerian Breweries Swings Back to Profitability in 2025 After 2 years losing streak

13 February 2026

AU Summit: Nigeria Secures Permanent Seat on African Central Bank Board

13 February 2026

Nigerian Naira anchors as foreign reserves hit 8-year peak of $47b

10 February 2026
ThinkBusiness Africa TV
Economy
Kenya's Urban city
  • Economy

Kenya’s Economic Growth Slows Slightly to 4.6% in 2025

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Ghana  Rejects Multimillion-Dollar U.S Health Deal Over Data Privacy

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  • Economy

IMF Approves $266 Million for Liberia’s Climate Resilience and Economic Stability

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DRC Launches $100 Million US-Backed Mining Guard to Secure Critical Mineral Sites

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African Giants Push for Energy Autonomy Amid Global Supply Shocks

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South Africa Proposes Sweeping Overhaul to Replace 63-Year-Old Capital Flow Rules

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7 Reforms: How Wale Edun Rebuilt Nigeria’s Economic Foundation

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  • Economy

IMF Warns Middle East Conflict Threatens Sub-Saharan Africa’s Hard-Won Economic Gains

Business
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  • Business

MTN Nigeria Records N546.4bn Pre-Tax Profit as Revenue Hits All-Time High

  • Business

Customer Retention and Talent Gaps Threaten Nigeria’s 2026 Business Revenue Trajectories

  • Business

Nigerian government proposes debt discount for airlines amid shutdown threat

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Middle East conflict and weak Rand push South Africa’s business confidence to five- month low

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  • Business

Dangote refinery partners with Honeywell to boost petrochemical production

  • Business

Nigerian airlines threaten nationwide shutdown over 270% spike in Jet fuel prices

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  • Business

Nigeria slashes vehicle import tariffs to 40% to combat inflation

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  • Business

Manufacturing leads Nigeria’s N9.21 trillion corporate tax surge in 2025

Book Review
  • Book Review

The Oil Curse: How Petroleum Wealth Shapes the Development of Nations

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Reforming the Unreformable – Lessons from Nigeria

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Why Growth Matters – How Economic Growth in India reduced poverty and the lessons for other developing countries

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Cobalt Red – How the blood of the Congo Powers Our Lives

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Rule Breaker: Rebellious Leadership for the Future of Work

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Collapse and Recovery: How the Covid – 19 pandemic eroded human capital and what to do about it.

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