NNPC profit falls to ₦462 billion despite higher oil production in May
Nigeria’s state-owned oil company, NNPC Limited, recorded a profit after tax of ₦462 billion in May 2026, representing a ₦ 19 billion decline from the ₦481 billion reported in April, despite improvements in crude oil production, natural gas output and pipeline availability. The company’s latest mont...
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Verified on Jul 02, 2026