Nigerian Petroleum Products Marketing Company (NIPCO) reported full-year turnover of N1.979 trillion for the financial year ended December 31, 2025, signaling a pivotal shift toward gas infrastructure and upstream assets.
The Lagos-listed marketer, one of the country’s largest downstream operators, is accelerating its strategic pivot by expanding its compressed natural gas (CNG) network and increasing its stake in Savannah Energy.
Additionally, the company has secured 25-year gas distribution franchises in key commercial hubs including Ibadan, Benin, and the Lekki zone, locking in long-term revenue streams as Nigeria seeks to diversify away from pure petroleum dependency.
The announcement arrives as Nigerian equities markets extend a broad-based recovery, adding N3.17 trillion in market capitalization across sectors on Tuesday.
The rally, which began earlier in the week, was sustained by gains in major names including Airtel Africa and FUGAZ Banks, which contributed N1.64 trillion to the rebound.
NIPCO’s strong financial performance and strategic gas bets are likely to reinforce investor confidence in the energy sector, which has been a key driver of the NGX’s recent momentum.