A similar trend was recorded in profitability. Profit after tax fell sharply from N385 billion in January to N136 billion in February before recovering to N276 billion in March.

The Nigerian National Petroleum Company (NNPC) Limited recorded a 16 percent increase in profit after tax which rose from N462 billion in May

A similar trend was recorded in profitability. Profit after tax fell sharply from N385 billion in January to N136 billion in February before recovering to N276 billion in March.