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NNPCL Reports N3.3trn Profit for 2023 Financial Year

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NNPCL has declared a profit of N3.3 trillion for the 2023 financial year. Discover the details of this record-breaking financial performance.

For the fiscal year 2023, NNPC Ltd. announced a profit of N3.3 trillion.

On Monday, the Chief Financial Officer of NNPC Ltd., Umar Ajiya announced to journalists that this was the company’s greatest profit declaration thus far.

Read Also: President Tinubu Allocates NNPC Dividends to Petrol Subsidies

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The 2023 financial year dividend declared by NNPC Ltd. amounts to N2.101 trillion in the meantime.

According to a report by the News Agency of Nigeria (NAN), the national oil company has announced a profit for 2023 that exceeds N2.548 trillion, recording an increase of over N1 trillion from its previous financial year’s figures.

More information to follow soon…

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