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Nigeria’s state oil firm NNPCL posts $4.2bn profit for 2025

An oil worker on the field. Photo by Chintya Akemi Keirayuki @ Unsplash
An oil worker on the field. Photo by Chintya Akemi Keirayuki @ Unsplash
  • NNPCL posts N5.76tn ($4.2bn) 2025 profit
  • Revenue hits N60.52tn ($44.7bn); remits N14.71tn

 

ABUJA, NIGERIA – Nigeria’s state oil firm NNPCL reported a provisional full-year profit of N5.76tn ($4.2bn) for 2025, underscoring a strategic pivot towards gas and downstream operations.

The Nigerian National Petroleum Company Limited (NNPCL) said its Profit After Tax (PAT) rose 6.6% from N5.4tn in 2024, according to its latest monthly operations report for December. Group revenue for the 12 months ended December 2025 climbed to N60.52tn ($44.7bn), while remittances to the federal government totalled N14.71tn.

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