NNPC Records Historic ₦5.4trn Profit in 2024, Unveils $60bn Investment Plan to 2030
[NigerianEye - Nigeria] - 24/11/2025
The Nigerian National Petroleum Company (NNPC) Limited has posted a record Profit After Tax of ₦5.4 trillion for the 2024 financial year on the back of ₦45.1 trillion in revenue, representing year-on-year growth of 64% and 88% respectively.The results were announced during the company’s earnings call with analysts on Tuesday, marking the strongest financial performance since its transition into a fully commercial entity under the Petroleum Industry Act in 2022.Key 2024 Financial Highlights • Revenue: ₦45.1 trillion (+88% YoY) • Profit After Tax: ₦5.4 trillion (+64% YoY) • Earnings Per (…)
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