Nigeria, July 16 -- Nigeria took full its June 2025 Organization of the Petroleum Exporting Countries (OPEC) oil production quota at 1.505 million barrels per day (bpd) average daily. Nigeria satisfied the allocated production quota for the second time within a year, a sign of monumental improvement in its stability and effectiveness of its oil sector.

This is revealed in OPEC's Monthly Oil Market Report published on Tuesday, which conducted a cautious estimate of production levels reported directly by Nigerian authorities. According to the report, Nigeria's June production marks a 3.58 percent increase from May's 1.453 million bpd. This level of production not only achieves but exceeds Nigeria's OPEC quota and is the highest production ...