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

Odinkalu challenges police response over reported Kaduna church abductions

Former Chairman of the National Human Rights Commission and...

Trump says China doesn’t use wind power: Here are the facts

By Michael OnjewuDuring his address at the World Economic...

Saleh Mamman Trial: Judge Frowns at Alleged Time-Wasting Tactics by Defence Counsel

By Francis WilfredJustice Maryann Anenih of the Federal High...

EFCC Presents Key Witness in N458 Million Lagos Money Laundering Case

By Francis WilfredThe Economic and Financial Crimes Commission...

FCT Resident Doctors Laud Wike Over Payment of 13 Months Hazard Allowance, Wage Award

By Joyce Remi-BabayejuThe Association Association of Resident Doctors, Federal...

Dogara Steps Into the Spotlight as Nigeria Seeks Unity

Since independence in 1960, Nigeria’s politics has been shaped...

KEDCO, Labour Unions Suspend Industrial Action After Agreement on Workers’ Benefits

The Kano Electricity Distribution Company (KEDCO) and labour unions...

Delta APC Stakeholders Meet in Asaba, Emphasise Unity, E-Registration, Congress Preparation

Stakeholders of the All Progressives Congress (APC) in Delta...

Bayelsa Governor Welcomes 1,236 NYSC Corps Members, Urges Discipline and Responsible Conduct

Bayelsa State Governor, Senator Douye Diri, has received 1,236...

Oborevwori Urges NYSC Corps Members to Uphold Safety, Discipline, National Unity

Delta State Governor, Sheriff Oborevwori, has urged members of...

Gyang Dung Gyang Condemns Killing of Miners in Kuru, Calls for Urgent Security Action

Gyang Dung Gyang, a Peoples Democratic Party (PDP) aspirant...

ITF Director, 21 Others Certified as City & Guilds International Examiners

The Industrial Training Fund (ITF) has certified a director,...

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

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

Related Articles

Popular Categories

spot_imgspot_img