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NNPC Ltd. Reports N7.10 Trillion Sundry Income in 2025

NNPC Ltd. Reports N7.10 Trillion Sundry Income in 2025

The Nigerian National Petroleum Company Limited (NNPC Ltd.) disclosed in its 2025 Annual Financial Report, authorized and audited in September 2026, that it achieved N7.10 trillion in sundry income, which is approximately 99% of its N7.18 trillion net profit for the year. This figure represents a significant increase from N2.53 trillion in 2024, indicating a year-on-year rise of about 181%.

The report highlights that NNPC's profit after tax rose by 33% from N5.41 trillion in the previous year. Despite generating roughly N10.56 trillion less revenue from operations compared to 2024, the increase in sundry and other income helped bolster earnings.

The report also noted N1.99 trillion in net other losses primarily due to foreign-exchange losses. NNPC's crude oil and condensate production reached 565.8 million barrels in 2025, averaging 1.77 million barrels per day, the highest average in five years.

Plus234Feed summary based on reporting from Nairametrics. Read the original report below.

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