The Nigerian National Petroleum Company (NNPC) Limited has declared a profit after tax of N674 billion for 2021 financial year.
According to the Group Chief Executive Officer of NNPC, Mele Kyari, NNPC as a corporation grew its profit after tax from N287 billion in 2020 to N674 billion in 2021. This translates to 134.84% growth year on year.
Source: NNPC grew profit by 134.84% to N674bn in 2021 – StocksWatch (stocksng.com)
The long awaited financial reports of Oando Plc have started hitting the market as the Company published its full year reports for 2020 and 2021 financial year. The Oil Company reported a turnover of N722.5 billion for 2021 year end, up by 51% compared to N477.1 billion reported in 2020 Financial Year. Profit after Tax of N34.7 […]
The Nigerian stock market on Tuesday closed on a bearish note as the All Share Index and Market Capitalisation closed at 53,124.63 points and N28.940 trillion respectively. In a stock market review with the MD/CEO of Global View Capital Limited, Aruna Kebira, the following was discussed: Excerpts: • The market on Tuesday continued its southward journey, shedding 1.16%,[…]
