NNPC LIMITED RELEASES FY2023 RESULT WITH RECORD BREAKING N3.3TRILLION NET PROFIT, N27.99TRILLION REVENUE

NNPC Limited has achieved a remarkable milestone by reporting a record-breaking net profit of N3.3 trillion for the 2023 financial year, marking a substantial 27.6% increase from the N2.58 trillion in the corresponding period of 2022. This would be the highest profits ever declared in NNPC Limited’s history, and since it transitioned to a profit-making entity in 2020 after the enactment of the PIA into law. This monumental achievement was unveiled at the company’s Annual General Meeting, emphasising NNPC Limited’s exceptional financial success and strategic growth, which significantly contributes to…

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