NNPCL Declares ₦3.3Trn Net Profit, ₦2.1Trn Dividend

The Nigerian National Petroleum Company Limited (NNPCL) has declared a net profit of N3.297 trillion at the close of the financial year which ended in December 2023. The net profit for 2023 represented an increase of over N700 billion (28 per cent) when compared to the profit of N2.548 trillion recorded in 2022. The ₦3.3 trillion net profit for 2023 was stated in the 2023 Audited Financial Statement (AFS), as contained in a press release, on Monday, by the NNPCL Chief Corporate Communications Officer, Olufemi Soneye. The company also assured…

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