NNPC profit up 39% to N7.2trn on record crude output

NNPC Limited reported a 39% rise in profit after tax to N7.2 trillion for 2025, driven by improved operational efficiency and a five-year high in crude production of 1.77 million bpd. The results signal stronger upstream performance and fiscal contributions for Nigeria, though the sustainability of output gains remains uncertain amid OPEC quotas and infrastructure constraints.