{
  "id": 11188571,
  "title": "How NNPC avoided a loss in 2025 amid revenue decline",
  "url": "https://urgent.news/2026/10/01/how-nnpc-avoided-a-loss-in-2025-amid-revenue-decline",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-01T12:30:45.000Z",
  "source": {
    "name": "Nairametrics",
    "slug": "nairametrics",
    "url": "https://nairametrics.com/2026/10/01/how-nnpc-avoided-a-loss-in-2025-amid-revenue-decline/"
  },
  "original_language": "en",
  "account": "NNPC, Nigeria's national oil company, reported a 32.7% increase in profit after tax to N7.18 trillion in 2025, despite a 23.4% decline in revenue to N34.52 trillion. The company's revenue dropped significantly due to a sharp decline in petroleum products and crude oil sales. However, NNPC managed to avoid a loss by benefiting from higher other income, lower general and administrative expenses, and the reversal of a previous impairment loss. The company spent less on running the business and recovered a portion of money owed to it. While NNPC's cash balance decreased, the funds were used to settle liabilities, invest in assets, and pay dividends.",
  "summary": "NNPC, the country’s national oil company, has released its 2025 annual report for the year ended December 2025, reporting an 18.3% increase in pre-tax profit to N11.31 trillion, compared with N9.56 trillion in 2024. The post How NNPC avoided a loss in 2025 amid revenue decline appeared first on Nairametrics .",
  "key_points": [
    "NNPC's profit after tax increased 32.7% to N7.18 trillion in 2025",
    "Revenue declined 23.4% to N34.52 trillion due to lower petroleum sales",
    "NNPC avoided loss via higher other income, lower expenses, and impairment reversal"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}