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The Nigerian National Petroleum Company Limited has reported a remarkable revenue increase to N5.078 trillion for October 2025.
The state-owned enterprise revealed this information in its monthly financial report published on Saturday.
According to the financial report, the company achieved a profit after tax of N447 billion from the N5.078 trillion revenue in October.
This figure indicates a substantial 19.2 percent rise in revenue compared to N4.26 trillion and an increase from N216 billion in September 2025.
The report highlighted that from January to September, NNPCL contributed N11.150 trillion in statutory payments to the federation.
Just four days ago, NNPCL announced a cumulative total of N45.1 trillion.
Frequently Asked Questions
What is the revenue increase reported by NNPCL for October 2025?
NNPCL reported a revenue increase to N5.078 trillion for October 2025.
How much profit after tax did NNPCL achieve in October 2025?
The company posted a profit after tax of N447 billion in October 2025.
What were the statutory payments made by NNPCL from January to September?
From January to September, NNPCL paid a total of N11.150 trillion in statutory payments to the federation.
Eze Chidiebere Paul
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