The first quarter of 2025 marked a standout period for Nigeria’s exploration and production (E&P) companies. Crude oil output rose by 8.1 percent year-on-year to 1.67 million barrels per day, up from 1.54 million bpd in Q1 2024, reflecting improved operational stability and upstream activity.
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David Olujinmi is a financial journalist, with a knack for reporting and analysing the capital markets. He has experience in reporting the Nigerian and African financial scene. With a Bsc in Chemical Engineering from the Obafemi Awolowo University, he has a significant grasp of numbers that has aided his understanding of the financial context.

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