The Nigerian National Petroleum Company (NNPC) Ltd recorded a revenue of ₦3.737 trillion in August 2026 while profit after tax rose by 54.5 per cent to ₦431 billion from ₦279 billion in July.
Revenue increased from ₦3.09 trillion in July, representing a month-on-month growth of about 21 per cent.
The company’s August operational report showed average crude oil and condensate production of 1.69 million barrels per day, while natural gas production stood at 7,680 million standard cubic feet per day.
Gas production rose from 7,489 million standard cubic feet per day in July. Gas sales were reported at 4,737 million standard cubic feet per day, with the sales figures reported on a lagged basis.
NNPC’s report also showed that cumulative statutory payments to the Federal Government reached ₦9.487 trillion between January and August.
The results reflect the company’s financial performance during the month alongside activity across its oil and gas operations.
