May 31, 2026

The Nigerian National Petroleum Company Limited (NNPC Ltd.), says it has recorded N481 billion Profit After Tax (PAT) for April 2026.

The development represented a sharp jump from the N276 billion posted in March, the company said in the April Monthly Report Summary, released on its X handle.

The company said its crude oil and condensate production rose to 1.68 million barrels per day (mmbopd) in April, representing a 7.69 per cent increase from the March production level.

The NNPC Ltd said revenue from oil hit N4.971 trillion for the month, up from N2.77 trillion recorded in March 2026, representing a 79.23 per cent increase.