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

EU Seeks Partnership with FCT on Investment, Justice Reforms

By Joyce Remi-BabayejuThe European Union has expressed readiness to...

Nigeria, Bangladesh Strike Collaboration Deal on Pharmaceutical Development

By Joyce Remi- BabayejuNigeria and Bangladesh have entered into...

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

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

Living with Fear: The Normalisation of Insecurity In Nigeria

By Abu Jemimah LamiLiving with fear has quietly...

PDP Screens Candidates Ahead of Convention, Signals Continuity in National Leadership

The Peoples Democratic Party (PDP) has begun screening aspirants...

Wike Allocates Land to FCT Traditional Rulers, Waives all Land Proccessing Fees

By Joyce Remi BabayejuThe FCT Minister, Barr. Nyesom Wike,...

HAJJ 2026: FCT MPWB Intending Pilgrims Orientation Exercise Begins Weekend

By Joyce Remi- BabayejuThe FCT Muslim Pilgrims Welfare Board...

Rising Anti-Foreign Protests Put Nigerians at Risk in South Africa

By Abdul Mahmoud YayaleTensions are once again rising...

PDP Screens Candidates Ahead of Convention, Signals Continuity in National Leadership

The Peoples Democratic Party (PDP) has begun screening aspirants...

Kogi Governor Calls for Objective Journalism to Strengthen Good Governance

Governor Ahmed Usman Ododo has urged journalists in Kogi...

TCN, NISO, KEDCO Strengthen Partnership to Improve Power Supply in Kano

The Transmission Company of Nigeria (TCN), in collaboration with...

Igoche Mark Seeks ABU Partnership to Expand Basketball Scholarships

Renowned basketball promoter Igoche Mark is exploring a partnership...

EFCC Memo Alleges $5m Telecoms Fraud Involving Afreximbank, FCMB and Others

Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission...

Related Articles

Popular Categories

spot_imgspot_img