Search

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.

This article is free to read.

Sign up for free or sign in to continue
reading. Unlike our competitors, we don't force you to pay
to read the news but we do need your email address to
make your experience better.

Create your free account or sign in


Recent Business

Cocoa pod and beans outdoors. Photo by Ákos Helgert @ Pexels
How Nigeria's cocoa strategy could end decades of oil dependence
Read More »
A vibrant display of traditional dance in Botswana. Photo by Xitsundzuxo Himina @ Pexels
Why Botswana’s inflation surge signals wider risks for commodity economies
Read More »
Molten metal pouring from ladle in industrial foundry. Photo by Bence Szemerey @Pexels
Can Kipushi’s zinc boom in Congo redraw Africa’s commodity power balance?
Read More »

Recent Politics

Oil tankers silhouetted against a vibrant sunset over the Pacific Ocean. Photo by Soly Moses @Pexels
Who should control Namibia’s oil? Presidency power grab divides nation
Read More »
Nigerian youth on the street. Photo by Salem Ochidi @ Unsplash
Why Nigeria’s Osun vote could foreshadow 2027 turmoil
Read More »
Patrice Talon, Former President of Benin Photo @Patrice Talon/Facebook
Who really governs Benin? Ex-president Talon still holds the keys
Read More »

Latest Posts

Latest news insights