Trending News: Troops beat back ISWAP assault on Borno base, kill terroristsArmy swears in 3,439 fresh recruits“​You are an exceptional performer,” Tinubu says, marking Wike’s 58thSupreme Court rejects Tinubu’s pardon, upholds Maryam Sanda’s death sentenceNMDPRA launches gas trading market, licenses JEX marketsDangote refinery drops petrol to N699 per litrePanic at IHS Towers as ICPC raids Amnesty International eventSenate takes up screening of Tinubu’s 32 Ambassadorial picksNigeria advances toward T+1 settlement as SEC announces sweeping market reformsCBN approves 82 new BDCs under revised 2024 guidelinesJaiz Bank leads Africa as first IILM primary dealerECOWAS slams Benin’s foiled coup attemptNationwide crackdown: NDLEA seizes 7.6m Tramadol pills, 76,000kg cannabisMilitary claims coup in Benin, borders sealedNigerian Air Force jet crashes in Niger16 Rivers State assembly members, including speaker, switch to APCArnold out 2 months with thigh injuryMusa sworn in as defence ministerOgunjimi urges strategic leadership in Africa’s accounting professionSenate to screen Ex-CDS Musa as Defence MinisterBreaking : Tinubu appoints Christopher Musa as new defence ministerNDIC, NIESV Deepen ties on failed bank asset valuationBadaru quits as defence ministerTinubu approves National Tax Policy committeeNigeria’s revered Sufi leader Sheikh Dahiru Bauchi dies at 98NNPCL reports a N5.4 trillion profit for 2024Breaking: Atiku officially joins ADCBollywood star Dharmendra passes away at 89Atiku calls for probe into TSA revenue privatizationBauchi govt shuts schools amid rising insecurity threatsTinubu orders IGP to halt VIP police protection for elitesKwara church attack: Kidnapped worshippers released safelyJust in : 50 Niger schoolchildren escape kidnapping, CAN confirmsJust in : Bandits storm Niger Catholic school, kidnap students, staffNigeria AfCFTA Coordination Office mourns AwolowoZuldal Microfinance Bank not licensed – CBNDespite fall in economic  pressures , tough reforms still required – CBNOAGF unveils reforms to strengthen transparency in W’ Bank–funded projectsNITEL–MTEL pensioners storm finance ministry, demand 35 months’ arrears payment‘Bandits pact fails’ , Northern  elders demand military action in ZamfaraJust in: Young Navy Lt Yarima escapes assassination attempt in AbujaSkyline University graduates 223 students, recommits to quality educationPenCom targets 80m informal workers with new PPP schemeNAICOM, Interior Ministry partner to curb repatriation costsSEC to implement T+2 settlement November 28Tinubu reappoints Marwa as NDLEA chairmanNCP moves to regularise Afam Power Plant sale to TranscorpFG halts implementation of 15% import duty on petrol, dieselNigeria’s new capital gains tax: what investors should knowRMAFC pledges ongoing support for Oil & Gas host communitiesN’Assembly okays N1.15trn loan to cover 2025 budget gapSkyline University graduates 24 first-class studentsNigeria’s non-interest capital market hits N1.6trn — SEC DGNAICOM, Finance Ministry push NIIRA 2025 complianceNAICOM inaugurates groups to drive insurance reformsMeet Nigeria’s First Tax Ombudsman, Dr. John NwabuezeFG appoints John Nwabueze as first tax OmbudsmanKano to host NAMLAS’ 20th annual conference as group calls for sponsorship, partnershipsFG approves Carbon Market Framework, eyes $3bn yearlySEC warns against unregulated digital assets, ponzi schemesFG targets 2026 for port single window policy — ShettimaNigeria’s FATF exit to boost infrastructure investment— ICRCCBN refutes $1.26bn oil import disbursement claimNAICOM, FRSC team up to enforce motor InsuranceTinubu drops Sanda, drug offenders, others from clemency listPenCom, ICPC partner to enforce pension complianceEdun: Economic reforms aimed at protecting poor, vulnerableDangote seeks $5bn Afreximbank funding for refinery expansionPantami urges Islamic Banks to lead ethical digital finance driveTinubu holds first talks with new Service Chiefs in Aso RockKano Hisbah arrests 25 suspects for alleged same-sex marriageN’ Assembly approves creation of 6 new statesTinubu hails Nigeria’s delisting from FATF grey listRice prices drop in Lagos as border imports flood marketsGovernors back Women’s representation billTinubu reshuffles military, appoints new Service ChiefsLafarge africa reports N780.48bn revenue, profit up 246%Kwankwaso @69: Nigeria celebrates an iconSEC DG: Sustainable finance reshaping global investmentsOAGF denies salary delay linked to IPPIS upgradeASUU suspends two-week warning strikeNigeria, South Africa deepen ties, review bilateral progressSanda’s release stalled as AGF orders review of pardon listTinubu nominates Bernard Doro as ministerRMAFC, FIRS launch revenue recovery driveINTERPOL Nigeria recovers two stolen cars from NetherlandsCBN, Bank of Angola sign MoU to deepen cooperationWike flags off access road, bridge in FCT research districtTinubu lauds Obamuroh’s rise to Partner at White & Case LLPFG, States, LGs share N2.1trn for September–FAACNigeria, IsDB deepen ties to spur development financingFinancial literacy vital for navigating today’s economy–AgamaZenith bank surpasses CBN target with ₦350bn oversubscribed offerNigeria highlights economic gains at G24 meetingsNigeria deepens ties with JICA, MIGA to boost investmentRMAFC moves to review Nigeria’s revenue sharing formulaFG backs Commonwealth initiative to expand trade tiesOmosehin to WAICA: Insurers must lead on climate responseTechnology vital for boosting investor confidence — SEC DGEdun slightly ill , Cardoso to represent him at  W’Bank-IMF meeting – FG
Sat. Dec 13th, 2025
Trending News: Troops beat back ISWAP assault on Borno base, kill terroristsArmy swears in 3,439 fresh recruits“​You are an exceptional performer,” Tinubu says, marking Wike’s 58thSupreme Court rejects Tinubu’s pardon, upholds Maryam Sanda’s death sentenceNMDPRA launches gas trading market, licenses JEX marketsDangote refinery drops petrol to N699 per litrePanic at IHS Towers as ICPC raids Amnesty International eventSenate takes up screening of Tinubu’s 32 Ambassadorial picksNigeria advances toward T+1 settlement as SEC announces sweeping market reformsCBN approves 82 new BDCs under revised 2024 guidelinesJaiz Bank leads Africa as first IILM primary dealerECOWAS slams Benin’s foiled coup attemptNationwide crackdown: NDLEA seizes 7.6m Tramadol pills, 76,000kg cannabisMilitary claims coup in Benin, borders sealedNigerian Air Force jet crashes in Niger16 Rivers State assembly members, including speaker, switch to APCArnold out 2 months with thigh injuryMusa sworn in as defence ministerOgunjimi urges strategic leadership in Africa’s accounting professionSenate to screen Ex-CDS Musa as Defence MinisterBreaking : Tinubu appoints Christopher Musa as new defence ministerNDIC, NIESV Deepen ties on failed bank asset valuationBadaru quits as defence ministerTinubu approves National Tax Policy committeeNigeria’s revered Sufi leader Sheikh Dahiru Bauchi dies at 98NNPCL reports a N5.4 trillion profit for 2024Breaking: Atiku officially joins ADCBollywood star Dharmendra passes away at 89Atiku calls for probe into TSA revenue privatizationBauchi govt shuts schools amid rising insecurity threatsTinubu orders IGP to halt VIP police protection for elitesKwara church attack: Kidnapped worshippers released safelyJust in : 50 Niger schoolchildren escape kidnapping, CAN confirmsJust in : Bandits storm Niger Catholic school, kidnap students, staffNigeria AfCFTA Coordination Office mourns AwolowoZuldal Microfinance Bank not licensed – CBNDespite fall in economic  pressures , tough reforms still required – CBNOAGF unveils reforms to strengthen transparency in W’ Bank–funded projectsNITEL–MTEL pensioners storm finance ministry, demand 35 months’ arrears payment‘Bandits pact fails’ , Northern  elders demand military action in ZamfaraJust in: Young Navy Lt Yarima escapes assassination attempt in AbujaSkyline University graduates 223 students, recommits to quality educationPenCom targets 80m informal workers with new PPP schemeNAICOM, Interior Ministry partner to curb repatriation costsSEC to implement T+2 settlement November 28Tinubu reappoints Marwa as NDLEA chairmanNCP moves to regularise Afam Power Plant sale to TranscorpFG halts implementation of 15% import duty on petrol, dieselNigeria’s new capital gains tax: what investors should knowRMAFC pledges ongoing support for Oil & Gas host communitiesN’Assembly okays N1.15trn loan to cover 2025 budget gapSkyline University graduates 24 first-class studentsNigeria’s non-interest capital market hits N1.6trn — SEC DGNAICOM, Finance Ministry push NIIRA 2025 complianceNAICOM inaugurates groups to drive insurance reformsMeet Nigeria’s First Tax Ombudsman, Dr. John NwabuezeFG appoints John Nwabueze as first tax OmbudsmanKano to host NAMLAS’ 20th annual conference as group calls for sponsorship, partnershipsFG approves Carbon Market Framework, eyes $3bn yearlySEC warns against unregulated digital assets, ponzi schemesFG targets 2026 for port single window policy — ShettimaNigeria’s FATF exit to boost infrastructure investment— ICRCCBN refutes $1.26bn oil import disbursement claimNAICOM, FRSC team up to enforce motor InsuranceTinubu drops Sanda, drug offenders, others from clemency listPenCom, ICPC partner to enforce pension complianceEdun: Economic reforms aimed at protecting poor, vulnerableDangote seeks $5bn Afreximbank funding for refinery expansionPantami urges Islamic Banks to lead ethical digital finance driveTinubu holds first talks with new Service Chiefs in Aso RockKano Hisbah arrests 25 suspects for alleged same-sex marriageN’ Assembly approves creation of 6 new statesTinubu hails Nigeria’s delisting from FATF grey listRice prices drop in Lagos as border imports flood marketsGovernors back Women’s representation billTinubu reshuffles military, appoints new Service ChiefsLafarge africa reports N780.48bn revenue, profit up 246%Kwankwaso @69: Nigeria celebrates an iconSEC DG: Sustainable finance reshaping global investmentsOAGF denies salary delay linked to IPPIS upgradeASUU suspends two-week warning strikeNigeria, South Africa deepen ties, review bilateral progressSanda’s release stalled as AGF orders review of pardon listTinubu nominates Bernard Doro as ministerRMAFC, FIRS launch revenue recovery driveINTERPOL Nigeria recovers two stolen cars from NetherlandsCBN, Bank of Angola sign MoU to deepen cooperationWike flags off access road, bridge in FCT research districtTinubu lauds Obamuroh’s rise to Partner at White & Case LLPFG, States, LGs share N2.1trn for September–FAACNigeria, IsDB deepen ties to spur development financingFinancial literacy vital for navigating today’s economy–AgamaZenith bank surpasses CBN target with ₦350bn oversubscribed offerNigeria highlights economic gains at G24 meetingsNigeria deepens ties with JICA, MIGA to boost investmentRMAFC moves to review Nigeria’s revenue sharing formulaFG backs Commonwealth initiative to expand trade tiesOmosehin to WAICA: Insurers must lead on climate responseTechnology vital for boosting investor confidence — SEC DGEdun slightly ill , Cardoso to represent him at  W’Bank-IMF meeting – FG
Sat. Dec 13th, 2025

NNPCL reports a N5.4 trillion profit for 2024

Spread the love

The Nigerian National Petroleum Company (NNPC Limited) has declared  a profit after tax of N5.4trn for its 2024 financial performance...

Speaking during a press briefing on Monday, the Group Chief Executive Officer of NNPCL, Engr. Bashir Bayo Ojulari, said the company made a total of ₦45.1trn during the year, an 88% year-on-year growth increase.

He said earnings per share is N27.07, a 64% year-on-year growth.

Ojulari said the earnings highlight the positive momentum of its ongoing transformation and the unwavering commitment of workforce.

He added that the workforce provides a solid foundation for the ambitious growth ahead, in line with President Bola Ahmed Tinubu’s mandate, reaffirming the company’s commitment to delivering value to Nigerians.

“Our transformation is anchored on transparency, innovation, and disciplined growth and we are positioning NNPC Limited as a globally competitive energy company capable of delivering sustainable returns while powering the future of Nigeria and Africa.”

Read also:Breaking: Atiku officially joins ADC

Describing NNPC Limited as Nigeria’s leading oil and gas company, Ojulari explained that the organisation, established in 1977, underwent a major transformation in July 2022, becoming a fully commercial and profit-driven entity under the Petroleum Industry Act (PIA) of 2021.

“Today, NNPC Limited plays a pivotal role across the entire oil and gas value chain, from exploration and production to refining and distribution, driving growth and energy security for Nigeria and the continent.”

“The 2024 Audited Financial Statement will be Roadmap for Sustained Growth and Energy Security and NNPC Limited is accelerating investments across upstream operations, gas infrastructure, and clean energy to extend growth into the next decade.

“Key strategic targets include: increasing crude oil production to 2 million barrels per day (bpd) by 2027 and 3 million bpd by 2030. Growing natural gas production to 10 bcf/d by 2027 and 12 bcf/d by 2030 and completing major gas infrastructure projects such as Ajaokuta-Kaduna-Kano (AKK), Escravos-Lagos Pipeline System (ELPS) and Obiafu-Obrikom-Oben (OB3) pipelines to strengthen domestic supply and regional integration.”

Daily Trust

admin

Related Posts

Dangote refinery drops petrol to N699 per litre
Dangote refinery drops petrol to N699 per litre

Spread the love

Spread the loveThe Dangote Refinery has reduced its petrol gantry price, slashing the ex-depot rate from N828 to N699 per litre.… Real-time market data published on Petroleumprice.ng on Friday showed…

Continue reading
Nigeria advances toward T+1 settlement as SEC announces sweeping market reforms
Nigeria advances toward T+1 settlement as SEC announces sweeping market reforms

Spread the love

Spread the loveBarbara Bako, Abuja. Nigeria is moving closer to a T+1 and eventually T+0 settlement cycle as the Securities and Exchange Commission (SEC) rolls out a broad set of…

Continue reading

Leave a Reply

Your email address will not be published. Required fields are marked *

You Missed

1
Troops beat back ISWAP assault on Borno base, kill terrorists
News
Troops beat back ISWAP assault on Borno base, kill terrorists
  • adminadmin
  • December 13, 2025
  • 47 views
2
Army swears in 3,439 fresh recruits
News
Army swears in 3,439 fresh recruits
  • adminadmin
  • December 13, 2025
  • 47 views
3
“​You are an exceptional performer,” Tinubu says, marking Wike’s 58th
News
“​You are an exceptional performer,” Tinubu says, marking Wike’s 58th
4
Supreme Court rejects Tinubu’s pardon, upholds Maryam Sanda’s death sentence
News
Supreme Court rejects Tinubu’s pardon, upholds Maryam Sanda’s death sentence
5
NMDPRA launches gas trading market, licenses JEX markets
News
NMDPRA launches gas trading market, licenses JEX markets
  • adminadmin
  • December 12, 2025
  • 55 views
6
Dangote refinery drops petrol to N699 per litre
Industry
Dangote refinery drops petrol to N699 per litre