Premium Times Nigeria CENTER (0.0) Reliability: 7.0/10

NNPCL’s profit slumps by 60% in September as oil output hits 5-month low

✍️ Mary Izuaka, .Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow, Class, Wp-Block-Co-Authors-Plus, Display Inline, .Wp-Block-Co-Authors-Plus-Avatar, Where Img, Height Auto Max-Width, Vertical-Align Bottom .Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow .Wp-Block-Co-Authors-Plus-Avatar, Vertical-Align Middle .Wp-Block-Co-Authors-Plus-Avatar Is .Alignleft .Alignright 📅 October 21, 2025 08:10 PM 🕐 Scraped: October 22, 2025

Summary: Gas production also diminished to its smallest volume ever this year, straining profit.

Nigerian National Petroleum Company Limited (NNPCL) saw its profit after tax plunge by as much as 59.9 per cent to N216 billion last month from N539 billion in August, hammered by a weaker oil production level that hit its lowest in five months.

The state-owned energy company’s latest monthly report rel

📰

Continue Reading on Premium Times Nigeria

This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.

Read Full Article →

How do you feel about this article?

Read Original Article →

📝 Article Information

Author

Mary Izuaka, .Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow, Class, Wp-Block-Co-Authors-Plus, Display Inline, .Wp-Block-Co-Authors-Plus-Avatar, Where Img, Height Auto Max-Width, Vertical-Align Bottom .Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow .Wp-Block-Co-Authors-Plus-Avatar, Vertical-Align Middle .Wp-Block-Co-Authors-Plus-Avatar Is .Alignleft .Alignright

Original Publisher

🌍 Premium Times Nigeria

CENTER Bias (0.0)

Published Date

October 21, 2025 at 08:10 PM

ℹ️

Disclaimer

ArkforgeAI.com - Newsource is a news aggregation platform. We do not create, write, or produce original news content. All articles are sourced from their respective publishers and remain the property of their original creators. We analyze and aggregate news from multiple sources to provide diverse perspectives across the political spectrum.

The content displayed here is for informational purposes only. For the complete and original article, please visit the source's website using the "Read Original Article" link above.

Desktop Only