NNPC Reports ₦7.2 Trillion Profit and ₦5.8 Trillion Dividend

The Nigerian National Petroleum Company (NNPC) Limited announced a profit after tax of ₦7.2 trillion for the financial year ending December 31, 2025, marking a 33 percent increase from ₦5.4 trillion in 2024. The company declared a ₦5.8 trillion dividend, a 35 percent rise from the previous year, attributed to higher production and improved earnings.

Despite this profit increase, NNPC experienced a 24 percent decline in revenue to ₦34.5 trillion, primarily due to lower crude oil prices and reduced white-product volumes following the 2024 deregulation of the downstream petroleum market. Key financial indicators showed growth, with EBITDA rising 22 percent to ₦18 trillion and earnings per share increasing 32 percent to ₦35.9.

Crude oil and condensate production averaged 1.77 million barrels per day, the highest in five years, with total production reaching 565.8 million barrels, a five percent increase. Natural gas production also grew, averaging 7.2 billion standard cubic feet per day.