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NNPC posts N7.2trn profit despite revenue decline

Remits N22.3trn to government, supplies 278.2m barrels to refineries By Obas Esiedesa, Abuja The Nigerian National Petroleum Company Limited (NNPC Ltd) recorded a profit after tax of N7.2 trillion in 2025, representing a 33 per cent increase from the N5.4 trillion posted in 2024. The company, however, recorded a 23.4 per cent decline in revenue, […]

The post NNPC posts N7.2trn profit despite revenue decline appeared first on Vanguard News.

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