NNPCL revenue hits N2.68tr in February up 4.24 percent
The Nigerian National Petroleum Company Limited NNPCL says its revenue rose by 4.24 percent in February 2026 to N2.68 trillion, up from N2.57 trillion recorded in January. The figures were contained in NNPCL’s February 2026 monthly report published on the company’s official X handle. According to the report, profit after tax for February stood at N136 billion, a drop of N249 billion compared to the N385 billion profit posted in January. The document noted that the report covered key indicators, including revenue, profit after tax, statutory payments and major strategic initiatives carried out during the month. NNPCL said there was continued growth in natural gas production, while combined crude oil and condensate output averaged 1.51 million barrels per day in February, down from 1.64 million barrels per day in January. Natural gas output rose to 7,458 million standard cubic feet […]
