business
NNPCL revenue, profit after tax drop significantly to N3.08tn, N279bn
Summary by The Lagos Editorial Desk Ogaga Ariemu , as published by Daily Post Nigeria
· September 2, 2026
· 1 min read
Photo: Daily Post Nigeria · view original
Story provenance No corrections
Summary created by The Lagos Editorial Desk — automated, rule-governed Byline on source page Ogaga Ariemu, as published by Daily Post Nigeria Original story Read at the source Source published Sep 2, 2026 Indexed here Sep 2, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key points The company's monthly report shows a decline in revenue to N3. 08 trillion and profit after tax to N279 billion.
A state-owned oil company's financial performance was affected by decreased crude oil sales and production. Revenue and profit after tax decreased substantially. The company's monthly report shows a decline in revenue to N3.08 trillion and profit after tax to N279 billion.
This decline was largely due to lower sales of crude oil and condensate. Sales of these products dropped to 22.53 million barrels.
Further details of the company's financial and operational performance are available in its monthly report.
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As published by Daily Post Nigeria . The Lagos selects stories from publishers’ feeds, summarises them, and links back to the publisher that reported them. We add no reporting of our own. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
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Category: business Published: September 2, 2026 Source: Daily Post Nigeria Reading time: 1 min
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What is this story about? A state-owned oil company's financial performance was affected by decreased crude oil sales and production. Revenue and profit after tax decreased substantially. The company's monthly report shows a…
When was this published? This article was first published on September 2, 2026 by Daily Post Nigeria and curated for The Lagos readers.
Who reported this story? This story was reported by Ogaga Ariemu at Daily Post Nigeria. To learn more about how The Lagos selects and reviews stories, see our editorial standards .
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