NNPC’s 2026 revenue hits N28.5trn, jumps 21% in August

By Obas Esiedesa, Abuja
The Nigerian National Petroleum Company, NNPC, Limited recorded cumulative revenue of N28.54 trillion in the first eight months of 2026, with revenue rising by 21.1 per cent month-on-month to N3.74 trillion in August.
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The company’s August 2026 Monthly Report Summary showed that revenue increased from N3.087 trillion in July to N3.737 trillion in August, while profit after tax rose by 54.5 per cent to N431 billion from N279 billion in the preceding month.
An analysis of the company’s reports in 2026 indicated that NNPC generated N2.571 trillion in Janua...