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

UTAN–BRAMA: Fresh Facts Emerge as Justice Ministry Clears Aondoakaa of Involvement

Fresh details have emerged in the Utan–BRAMA victims’ compensation...

Naira Strengthens to N1,385/$ as Equities Gain N232bn

The naira appreciated further at the official foreign exchange...

Ododo Praises Tinubu’s Public Finance Reforms as Ibori Commissions Kogi Audit House

By Noah Ocheni, LokojaKogi State Governor, Alhaji Ahmed Usman...

CISLAC Urges National Assembly to Prioritise Key Reforms as 2026 Legislative Session Begins

As the National Assembly resumes legislative activities for the...

EFCC Arraigns Alleged Fake Investor Over $525,276 Fraud in Uyo

By Francis WilfredThe Economic and Financial Crimes Commission (EFCC),...

Alleged N868.4m Fraud: Court Fixes February 10 for Ex-Acting AGF’s Cross-Examination

By Francis WilfredThe Federal High Court sitting in Maitama,...

FG launches free financial literacy training for 10 million Nigerians

The Federal Government has launched a nationwide free training...

JUST IN: NLC, TUC suspend FCT protest after meeting with Wike, Senate committee

The Nigeria Labour Congress and the Trade Union Congress...

FG begins accreditation for appointment of new permanent secretaries

The Federal Government has commenced the accreditation process for...

Former Archbishop of Canterbury Praises Uba Sani for Promoting Peace in Kaduna

By Achadu Gabriel, KadunaFormer Archbishop of Canterbury, His Grace...

EFCC Arrests 10 Suspected Illegal Miners Along Ilorin–Ogbomosho Road

By Francis WilfredOperatives of the Ilorin Zonal Directorate of...

Middle Belt Forum Raises Concern Over Abductions in Southern Kaduna, Borno

The Middle Belt Forum (MBF) has expressed concern over...

Related Articles

Popular Categories

spot_imgspot_img