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

Asaba NUJ Trains 50 Journalists on Solutions Journalism in Delta State

By Anne AzukaThe Asaba Correspondents Chapel of the...

TCN adds over 2000MW to the national grid

By Samuel ItsedeThe Transmission Company of Nigeria (TCN) says...

Ex-Governor Emmanuel may dump PDP as he rallies Nigerians for Tinubu

By Ogenyi Ogenyi,UyoThere are strong indications that former Governor...

Kuje-Gwagwalada Road Projects, Economic Game Changer in FCT – Wike

By Joyce Remi-BabayejuThe FCT Minister Barr Nysome Wike has...

FULL TEXT: China releases white paper on arms control in new era

China’s State Council Information Office on Thursday released a...

TCN adds over 2000MW to the national grid

By Samuel ItsedeThe Transmission Company of Nigeria (TCN) says...

Gov Mbah Launches Hi-tech Drones, Equipment, Patrol Vans to Boost Security

_...No hiding place for criminals – Enugu Security Trust...

Ex-Governor Emmanuel may dump PDP as he rallies Nigerians for Tinubu

By Ogenyi Ogenyi,UyoThere are strong indications that former Governor...

FG Set to Expose Terrorism Financiers Soon — Presidential Aide

The Federal Government is preparing to publicly name individuals...

NDPHC Faults Media House Over False Allegations, Reveals Major Achievements

The Niger Delta Power Holding Company (NDPHC) has strongly...

Plateau Governor Absorbs Over 700 Ad-Hoc Staff, Ending Years of Neglect

By Gyang BereIn a landmark decision, Governor Caleb Manasseh...

NCDMB Trains Bayelsa Students on Local Content, Youth Empowerment Opportunities

By Amgbare Ekaunkumo, YenagoaThe Nigerian Content Development and Monitoring...

Related Articles

Popular Categories

spot_imgspot_img