NNPCL monthly profit rises 91% to N539bn

By Obas EsiedesaThe Nigerian National Petroleum Company Limited (NNPCL) has reported a 91.3 percent increase in its monthly profit to N539 billion in August 2025, up from N185 billion recorded in July.According to its Monthly Report Summary for August 2025, the company’s revenue rose to N4.655 trillion, compared to N4.406 trillion in July. It added that a total of N8.86 trillion had been remitted to the Federation Account between January and July 2025.On production, the report showed