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

Mambilla Project Trial: Witness Alleges Agunloye Reduced FG Equity Without Approval

By Francis WilfredA prosecution witness in the ongoing...

Ombugadu: Why I Joined APC, As Thousands of Women Mobilise for Tinubu, 2027

From Abel Zwanke,, LafiaFormer governorship candidate of the Peoples...

Police Arrest Suspected Illegal Arms Fabricator in Akwa Ibom

Police in Akwa Ibom State have arrested two men...

NEMA Warns Nigerians Against Fire Disasters, Heat-Related Health Risks

By Joyce Remi-BabayejuThe National Emergency Management Agency (NEMA) has...

Eid-el-Fitr: Oborevwori Urges Peace, Unity Among Nigerians

Delta State Governor Sheriff Oborevwori has extended Eid-el-Fitr greetings...

Eid-el-Fitr: PAAU Vice-Chancellor Felicitates Governor Ododo, Muslim Faithful

The Vice-Chancellor of Prince Abubakar Audu University (PAAU), Anyigba,...

Group Urges Government to Prioritise Needs of Women with Disabilities

The Joint National Association of Persons with Disabilities in...

Police Arrest Four Suspects Over Attempted Murder in Akwa Ibom

The Akwa Ibom State Police Command has arrested four...

Eid-el-Fitr: Works Minister Umahi Calls for Unity, National Development

The Minister of Works, David Nweze Umahi, has extended...

ADC Crisis: Party Faction Petitions US Embassy Over Leadership Dispute

By Francis WilfredA faction of the African Democratic...

Nigeria, UK Sign Agreements on Migration, Border Security, Business Visas

By Francis WilfredNigeria and the United Kingdom have...

Related Articles

Popular Categories

spot_imgspot_img