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News 2026-09-29 17:01 UTC

Nigeria's NNPC profit up a third to $5.43 billion in 2025

By Camillus EbohNigeria's state oil company NNPC reported a 2025 after-tax profit of 7.2 trillion naira ($5.43 billion), up 33% from the previous year, despite lower revenue, Chief Executive Bayo Ojulari said on Tuesday.Long seen as Nigeria's cash cow, NNPC has been weakened by political interferen…