Business
NNPC declares after tax profit of N674bn for 2021
The Nigerian National Petroleum Company (NNPC) Limited on Tuesday declared an after-tax profit of N674 billion for the year 2021.
The Group Chief Executive Officer of NNPC, Mele Kyari, at a press conference in Abuja on Tuesday, said that the NNPC as a corporation grew its profit after tax from N287 billion in 2020 to N674 billion in 2021.
According to him, “Today I’m happy to announce that the Board of NNPC has approved 2021 audited financial statements and NNPC has progressed to a new performance level, from N287bn profit in 2020 to N674bn profit after tax in 2021, climbing higher by 134.8% YoY profit growth.”
-
Latest2 days agoMakinde declares 2027 presidential bid under PDP–APM alliance
-
Business3 days agoAnger, debate trail proposed $1.25bn loan amid concerns over Nigeria’s debt surge
-
Featured2 days agoObasanjo faults Tinubu’s economic reforms, calls them necessary but poorly designed
-
Featured3 days agoWike dismisses political speculation over meeting with APC Chairman Yilwatda
-
Latest5 days agoWike loyalists dominate As APC clears 33 aspirants for Rivers Assembly primaries, 65 disqualified
-
Business3 days agoNigeria’s 2026 debt servicing hits $11.6bn as Tinubu decries global financial inequity
-
Latest2 days agoWike says Makinde’s presidential ambition dead on arrival
-
Latest1 week agoNigerian Senate reverses standing orders amendment over constitutional concerns