Nigeria’s NNPC Reports $4.2 Billion After-Tax Profit as Output Averages 1.62 Million bpd in 2025
Nigerian National Petroleum Company Limited reported an after-tax profit of 5.760 trillion naira, equivalent to approximately $4.26 billion, for the 2025 financial year, as Africa’s largest oil producer maintained average crude and condensate output of 1.62 million barrels per day. The...