NNPC Limited says it records stronger financial results for April 2026, citing higher oil production. In its latest monthly performance report, the company reports revenue of N4.97 trillion and profit after tax of N481 billion for April. The figures follow a lower profit in March, which Vanguard reports as N276 billion, indicating an increase from the previous month. On the operational side, Premium Times reports that NNPC’s crude oil and condensate production rises to 1.68 million barrels per day in April. The outlets describe these figures as part of NNPC’s monthly reporting cycle, with the production increase presented alongside the improvement in revenue and profitability. Both sources focus on the April results and the profit figure of N481 billion, while Premium Times additionally provides the revenue total and the production volume. The reports do not provide further breakdowns of expenses, market prices, or other drivers behind the change, but they consistently present the same headline figures for April 2026.
NNPC Limited reports N4.97 trillion revenue and N481 billion April profit
NNPC Limited says it records stronger financial results for April 2026, citing higher oil production. In its latest monthly performance report, the company reports revenue of N4.97 trillion and profit...
- NNPC Limited reports N481 billion Profit After Tax (PAT) for April 2026.
- NNPC Limited reports N4.97 trillion revenue for April 2026.
- NNPC reports crude oil and condensate production of 1.68 million barrels per day in April.
- NNPC’s April profit is higher than March, which is reported as N276 billion.
- NNPC’s results are presented in its April monthly report/performance update.
The Nigerian National Petroleum Company Limited (NNPC Ltd.), says it has recorded N481 billion Profit After Tax (PAT) for April 2026. The development represented a sharp jump from the N276 billion posted in March, the company said in the April Monthly Report Summary, released on its X handle. The company said its crude oil and […] The post NNPC Ltd records N481bn profit in April appeared first on Vanguard News.
2 months agoNigeria’s state-owned oil company, NNPC Limited, reported a rise in crude oil and condensate production to 1.68 million barrels per day in April 2026, alongside N4.97 trillion in revenue and N481 billion profit after tax, according to its latest monthly performance report. The post NNPC posts N4.97 trillion revenue, N481 bn profit as oil output rises in April appeared first on Premium Times Nigeria.
2 months ago
Tata Sons leadership transition draws scrutiny as AGM and selection process face procedural hurdles
Tata Sons is preparing for a leadership transition after chairman N Chandrasekaran announces he will not seek another te...
Noel Tata and Shapoorji discuss share-swap for possible Tata Sons stake sale
Noel Tata and Shapoorji (SP Group) representatives are discussing a potential share-swap structure linked to a sale of a...
Omnicom Group and other companies report Q2 2026 earnings on investor call transcripts
Multiple outlets publish earnings call transcripts and summaries for several companies reporting Q2 2026 results, includ...