NNPC Reports N509bn September Profit, Output Up on Restored Assets

The Nigerian National Petroleum Company (NNPC) Limited recorded N4.61 trillion in revenue and N509 billion in profit after tax in September 2026, as its total hydrocarbon production rose to 3.04 million barrels of oil equivalent per day (mmboe/d).
The figures are contained in the company’s September 2026 Monthly Report Summary.
Total output increased from 3.01 mmboe/d in August. NNPC credited the gain mainly to the restart of the Obodo field in Oil Mining Lease (OML) 150 and the restoration of production at other assets.
Crude oil and condensate production stood at 1.70 million barrels per day (bpd). Natural gas output, however, dipped to 7,789 million standard cubic feet per day (m...