NNPC Hits Historic High: Records N2.548 Trillion Profit in 2022 – Highest in 45 Years
The Nigerian National Petroleum Company (NNPC) Ltd announced a historic profit of N2.548 trillion for 2022, marking its highest ever since establishment in 1977. In its 2022 Financial Performance Report released online, the national oil company reported significant progress from a loss of N803 billion in 2018 and N1.7 billion in 2019. The report highlighted