Energy
NNPC Ltd. declares N3.3trn profit for 2023 financial year
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has declared N3.3 trillion profit for the 2023 financial year.
Chief Financial Officer of NNPC Ltd., Alhaji Umar Ajiya who addressed newsmen on Monday on the development, said that this was the highest profit declared by the company since inception.
ALSO READ: NERC’s deregulation spurs rising costs, deepens metering crisis
Meanwhile, NNPC Ltd. has declared N2.101 trillion as dividend for 2023 financial year.
National Daily gathered that the profit declared by the national oil company for 2023 is over N1 trillion higher than the N2.548 trillion profit it recorded in the 2022 financial year.
-
Comments and Issues5 days agoCan President Tinubu Revive Nigeria’s Moribund Refineries?
-
Business5 days agoTikTok, ByteDance agree to $400m settlement in US children’s privacy case
-
Business6 days agoTinubu knocks Atiku’s subsidy plan, says proposal shows ‘ignorance’ of economy
-
Entertainment1 week agoPoco Lee faces rape allegation as unverified UK arrest report spreads online
-
Football6 days agoEPL 2026/27: Experts back Arsenal for title as Haaland, Rice lead individual award picks
-
Featured6 days agoEconomic Reality vs Party Machinery: What will drive Nigeria’s 2027 election?
-
Entertainment3 days agoMiss World 2026: Four Continental winners battle for automatic top 20 spot (VIDEO)
-
Featured5 days agoMLS fines Lionel Messi for striking Philadelphia Union’s Quinn Sullivan


