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

FG, Plateau Sign MoU to Revamp Tourism Sites and Boost Revenue

By Israel Adamu, JosThe Federal Government and Plateau State...

Wike Grants C-of-O Fee Waiver to Nigerian Law School, Orders Emergency Staff Housing

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

Malami: Judge Threatens Contempt, Warns Counsel Against Unruly Conduct

By Francis WilfredJustice of the Federal High Court, Maitama,...

Neglect of Teachers Undermining Nigeria’s Education Quality, Demand Urgent Reforms

By Joyce Remi-BabayejuTeachers in the education sector have begun...

Abuja Residents Applaud Tinubu, Wike Over Satellite Town Roads

By Joyce Remi-BabayejuResidents of satellite communities in Abuja, particularly...

The Impact of the US–Israel–Iran Conflict on Nigeria

By Shemudara Blessing MorayoIn today’s interconnected world, conflicts...

Tinubu Charges New Envoys to Boost Investment, Reorders Foreign Policy Priorities

By Francis WilfredPresident Bola Tinubu has charged Nigeria’s...

Bayelsa Assembly Aspirant Calls for Rotational Equity in Yenagoa Constituency

An All Progressives Congress (APC) aspirant for the Bayelsa...

Kogi Government Condemns Attack on Orphanage, Confirms Rescue of 15 Pupils

By Noah Ocheni, LokojaThe Kogi State Government has condemned...

Police Arrest Man Over Alleged N900,000 Plot to Kidnap Aunt in Delta

By Anne AzukaThe Delta State Police Command has arrested...

Riyom/Barkin Ladi Reps Race: Aspirant John Chun Gains Support Ahead of 2027 Polls

By Israel Adamu, JosAs political activities build ahead of...

Bauchi 2027: APC Aspirant Danchina Unveils Agenda on Agriculture, Security

By Israel Adamu, JosAn All Progressives Congress (APC) governorship...

Related Articles

Popular Categories

spot_imgspot_img