BUSINESS

Breaking: NNPC Limited declares ₦5.4 trn profit after tax

Daily Dispatch November 24, 2025

… As Ojulari Pledges Strategic Investments to Sustain Growth into Next Decade NNPC Limited has announced its financial performance for the full year ended 2024, reporting a Profit After Tax of ₦5.4 trillion on revenue of ₦45.1 trillion. The results, shared during its earnings call with

NEWS

Ex-NNPCL employee risks 25 years in US jail for $2.1m bribery

Daily Dispatch September 3, 2025

The United States of America has set the sentencing of a former employee of the Nigerian National Petroleum Corporation Limited (NNPCL), Paulinus Okoronkwo, who is facing trial for allegedly receiving a bribe of $2.1m from a Swiss company while in the service of the corporation, for December 1, as he now risks a maximum of […]

BUSINESS

NNPC Profit Slumps 80% to N185bn in July

Daily Dispatch August 22, 2025

The Nigerian National Petroleum Company Limited (NNPC Ltd) has reported a sharp fall in profit after tax, plunging from N905 billion in June to N185 billion in July—a 79.6 percent decline. According to its monthly financial report released Thursday night, the company generated N4.41 trillion in July, down from N4.57 trillion in the previous month. […]

LEAD STORY 1

President Tinubu Commissions WAGL’s 40,000 CBM LPG Vessel in South Korea

Daily Dispatch August 18, 2025

…Lauds Company’s Partners for Expanding Africa’s Role in Clean Energy President Bola Ahmed Tinubu says Nigeria is poised to deliver clean and sustainable energy solutions not just in-country but also across Africa and beyond. The President made the remarks today at the commissioning ceremony of a 40,000 cubic meters (CBM) Liquefied Petroleum Gas (LPG) vessel, […]

BUSINESS

NNPC Retail Addresses Pump Attendant Misconduct at Ikorodu Station

Daily Dispatch August 8, 2025

…Imposes Sanctions, Reaffirms Commitment to Customer Service ExcellenceThe attention of NNPC Retail Limited has been drawn to a recent video circulating on social media platforms depicting a pump attendant at a filling station attempting to swindle a customer. Following a thorough investigation, the incident has been traced to a station in Ikorodu, Lagos.NNPC Retail

BUSINESS

NNPCL Posts ₦1.054 Trillion Profit in May 2025, Up by Over 40%

Daily Dispatch July 2, 2025

The Nigerian National Petroleum Company Limited (NNPCL) has announced a post-tax profit of ₦1.054 trillion for May 2025 — a notable 40.37% rise from the ₦748 billion reported in April. This was disclosed in the company’s latest Monthly Report Summary released on Tuesday. The report also showed that NNPCL generated ₦6.008 trillion in revenue for […]