NNPC REVENUE JUMPS 79% TO N4.97TN IN APRIL
May 31, 2026
The Nigerian National Petroleum Company Limited has recorded a significant month-on-month surge in performance, with revenue climbing sharply to N4.97tn in April 2026, compared to N2.77tn posted in March.
This represents an increase of about 79 per cent in monthly revenue, according to the company’s April 2026 operational and financial report released on Saturday. According to the report, profit after tax also rose substantially to N481bn in April, up from N276bn in March, a jump of approximately 74 per cent.
Between January and April 2026, NNPC said it remitted a total of N3.71tn in statutory payments to the Federal Government. This is up from N2.89tn recorded for the first three months of the year.
Latest News
OYEBANJI RAISES SIX ISSUES FOR DETERMINATION AS EKITI ELECTION TRIBUNAL HEARS SDP PETITION
Ekiti State Governor, Biodun Oyebanji, has formulated six issues for determination before...
EKITI SCHOOLS RESUME FOR 2026/2027 FIRST TERM
Public and private schools across Ekiti State have resumed for the first term of the 2026/...
INEC RELEASES FINAL LIST OF 18 PRESIDENTIAL CANDIDATES FOR 2027 ELECTION
The Independent National Electoral Commission, INEC, has released the final list of presid...
FG SETS SEPTEMBER 18 DEADLINE FOR MDAS TO SUBMIT 2027 PERSONNEL BUDGET PROPOSALS
The Federal Government has directed Ministries, Departments and Agencies (MDAs) to submit...
NGX MARKET CAPITALISATION FALLS BY N1.9TRILLION AS INVESTORS TAKE PROFITS
NGX MARKET CAPITALISATION FALLS BY N1.9TRILLION AS INVESTORS TAKE PROFITS The Nigerian eq...
FAYEMI DESCRIBES ATIKU’S FUEL SUBSIDY PROMISE AS POLITICAL STRATEGY
Former Ekiti State Governor, Kayode Fayemi, has described former Vice President Atiku Abub...
Comments