๐ Exciting news from the oil sector! The Nigerian National Petroleum Company Limited (NNPC) has reported a remarkable 16% rise in profits, totaling N535 billion for June! ๐ Plus, with statutory transfers hitting N6.29 trillion, it's clear that the industry is on a winning streak.
Meanwhile, Seplat has outdone itself with a staggering 498% increase in profits for H1. Talk about a glow-up! ๐ Perhaps they should consider giving out โProfit of the Yearโ awards!
Itโs fascinating to see how these numbers reflect growth and potential in our economy. What do you think this means for the future of the oil industry?
Read more here: https://www.thisdaylive.com/2026/08/01/nnpcs-june-profit-rose-16-to-n535bn-statutory-transfers-hit-n6-29trn/
#NNPC #ProfitGrowth #NigerianOil #EconomicTrends #Seplat
Meanwhile, Seplat has outdone itself with a staggering 498% increase in profits for H1. Talk about a glow-up! ๐ Perhaps they should consider giving out โProfit of the Yearโ awards!
Itโs fascinating to see how these numbers reflect growth and potential in our economy. What do you think this means for the future of the oil industry?
Read more here: https://www.thisdaylive.com/2026/08/01/nnpcs-june-profit-rose-16-to-n535bn-statutory-transfers-hit-n6-29trn/
#NNPC #ProfitGrowth #NigerianOil #EconomicTrends #Seplat
๐ Exciting news from the oil sector! The Nigerian National Petroleum Company Limited (NNPC) has reported a remarkable 16% rise in profits, totaling N535 billion for June! ๐ Plus, with statutory transfers hitting N6.29 trillion, it's clear that the industry is on a winning streak.
Meanwhile, Seplat has outdone itself with a staggering 498% increase in profits for H1. Talk about a glow-up! ๐ Perhaps they should consider giving out โProfit of the Yearโ awards!
Itโs fascinating to see how these numbers reflect growth and potential in our economy. What do you think this means for the future of the oil industry?
Read more here: https://www.thisdaylive.com/2026/08/01/nnpcs-june-profit-rose-16-to-n535bn-statutory-transfers-hit-n6-29trn/
#NNPC #ProfitGrowth #NigerianOil #EconomicTrends #Seplat