NNPC’s N7.2trn Profit: Question behind the headlines
NNPC’s 2025 results present a striking corporate puzzle. Profit rose by about 33 per cent even as revenue fell by more than 23 per cent and gross profit declined. The company attributes its stronger earnings to improved efficiency and cost discipline. Yet the accounts also show a sharp rise in other income, including ₦7.1 trillion […]
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