x

 NNPC Posts N3.3 Trillion Profit After Tax for 2023

By   Milcah   Tanimu

The Nigerian National Petroleum Company (NNPC) Ltd has announced a remarkable profit after tax of ₦3.3 trillion for the 2023 fiscal year. The company also declared a ₦2.1 trillion dividend for its shareholders.

– Profit After Tax: ₦3.3 trillion
– Dividend for Shareholders: ₦2.1 trillion
– Announcement: The disclosure was made by Pius Akinyelure, Chairman of the NNPC Ltd Board, during a press briefing on the company’s Audited Financial Statements in Abuja.

This significant profit reflects a strong financial performance by the NNPC Ltd and underscores its role in Nigeria’s economy.

Hot this week

Rodman becomes world’s highest-paid female footballer

United States forward Trinity Rodman has become the world’s...

South-South Set for Blue Tourism Revival as ATPN Unveils Regional Development Plan

The Association of Tourism Practitioners of Nigeria (ATPN) has...

₦3bn Fraud Case: EFCC Witness Disputes Oyo-Ita’s Claim of Coerced Statements

An Economic and Financial Crimes Commission (EFCC) witness on...

Kaduna:: Kurmin Wali victims recall ordeal, commend Gov Uba Sani’s Visit

By Achadu Gabriel, Kaduna-Governor Uba Sani has...

Rivers Assembly Crisis: CSOs, APC Leaders Demand NASS Intervention

Civil society organisations, media professionals, and leaders of the...

CROSSJOF Praise Sen. John Owan Enoh’s MSME Initiative in Cross River

By Joyce Remi-BabayejuThe Cross River State Journalists Forum, (CROSSJOF)...

Wike’s Son, Joaquin Bags MSc Degree From King’s College London

By Joyce Remi-BabayejuThe son of the Minister of the...

VeryDarkMan gives Wizkid FC 24 hours to unfollow him on Instagram challenge

Social media commentator VeryDarkMan has issued a 24-hour ultimatum...

Fubara is APC leader in Rivers, not Wike — Bwala

President Bola Tinubu’s Special Adviser on Policy Communication, Daniel...

Troops foil ambush, kill Boko Haram commanders in Borno

Troops of Operation Hadin Kai have foiled a Boko...

Rodman becomes world’s highest-paid female footballer

United States forward Trinity Rodman has become the world’s...

Related Articles

Popular Categories

spot_imgspot_img