NNPC reports N5.4tn Profit, 88% Revenue Surge in 2024 as Cost Cuts, Market Reforms Pay Off

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has posted its strongest financial performance yet, announcing a Profit After Tax (PAT) of N5.4 trillion and revenue of N45.1 trillion for the 2024 financial year. The audited results, released on Monday, show a dramatic 88% jump in revenue and a 64% rise in profit compared to

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