NNPC Profit After Tax Rises to N431bn in August

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NNPC Profit After Tax Rises to N431bn in August

ABUJA — NNPC Ltd recorded a profit after tax of N431 billion in August 2026, up 54.5 per cent from N279 billion in July, according to its monthly report. Revenue rose to N3.74 trillion from N3.09 trillion. Statutory payments for January to August reached N9.49 trillion. Average crude oil output was 1.69 million barrels per day. The company said the OB3 gas pipeline is complete and the AKK pipeline is 95 per cent done.

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