Oil
NNPC records N4.61 trillion revenue, N509 billion profit in September
CEII brief
Nairametrics reported on 4 Nov 2026: NNPC records N4.61 trillion revenue, N509 billion profit in September.
Read the full story on NairametricsThe Nigerian National Petroleum Company (NNPC) Limited recorded revenue of N4.61 trillion and profit after tax of N509 billion in September 2026, as total hydrocarbon production rose to 3.04 million barrels of oil equivalent per day (mmboe/d).
Context from CEII
Crude benchmarks move budgets, currencies and inflation in producer and importer countries alike. For economies such as Nigeria, where fuels dominate exports, production and refining decisions move the whole economy.
85.9% of Nigeria’s merchandise exports were fuels in 2025Countries in this story
Original reporting © Nairametrics. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
