The Nigerian National Petroleum Company Limited (NNPCL) has reported a major upswing in its financial performance, posting a revenue of N5.078 trillion for October 2025.
The figures, contained in the company’s monthly financial report released on Saturday, show a sharp rise from the N4.26 trillion recorded in September — a 19.2% increase.
Profit after tax (PAT) also jumped significantly, climbing to N447 billion in October, more than double the N216 billion posted in the previous month, reflecting a 106% growth.
According to the report, NNPCL made N11.150 trillion in statutory remittances to the federation between January and September 2025.
This latest disclosure comes just days after the company announced a total revenue of N45.1 trillion for the 2024 financial year, underscoring what appears to be a strong upward trajectory in its earnings profile.
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