FX.co ★ Nigeria’s Oil Output Rises to 1.72M bpd in Q2 2026, Extending Recovery Trend

Nigeria’s oil production increased to 1.720 million barrels per day in the second quarter of 2026, up from 1.550 million barrels per day in the same period, according to the latest data updated on 31 August 2026.

The rise in output marks a continued recovery in Nigeria’s crude production capacity over the second quarter, with the country adding 170,000 barrels per day compared with its earlier second-quarter level. This improvement in production may influence Nigeria’s export revenues and its position within global oil supply dynamics during the period.

The updated figures provide a clearer picture of Nigeria’s oil sector performance in the second quarter of 2026, underscoring an upward trajectory in output as reported on 31 August 2026.