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  • Business - Companies
  • Updated: August 27, 2022

Business News Round Up From August 20- August 26, 2022

Business News Round Up From August 20- August 26, 2022

Welcome to the AllNews roundup of the 5 Latest Business News that made the round last week.

Fuel Hike: Motorists, Traders Share Tales Of Woe

It is public knowledge that the price of Premium Motor Spirit (PMS) also known as Petrol now ranges from N170 per litre to N200 per litre across filling stations in the country.

The hike in the price of fuel has increased the prices of transportation, cost of living, goods and services. Read more here.

First Bank Expresses Commitment To Corporate Social Responsibility

FirstBank has said it will mark its corporate social responsibility activities across seven countries in furtherance of its continued commitment to impacting the lives of individuals.

The bank revealed this ahead of the fifth edition of its corporate responsibility and sustainability week with the themed ‘Kindness: A way of life.' Read more here.

Coronation Insurance Records 11.5 Billion Gross Premium

For the half year ended June 2022Coronation Insurance Plc has recorded N11.51 billion gross premium from N31 billion recorded in the corresponding period of 2021.

This was disclosed in a statement made available to the Nigerian Stock Exchange and shareholders on the Group’s unaudited interim financial results for the year 2022 second quarter ended 30th June 2022. Read more here

Oyo Commences Disbursement Of World Bank Grants

The disbursement of grants and loans to small-scale businesses under the World Bank Assisted project codenamed NG Cares/Oyo Cares has been commenced by the Oyo State government.

Punch reports that the NG-CARES is a World Bank-assisted Federal Government credit project of $750 million. Read more here.

Spell And Win Promo: Dangote Cement Rewards Winner

Dangote Cement has awarded a customer, Mamza Ayuba, with N5 million in its ongoing promo.

According to a statement, Olakunle Alake, the Group Managing Director, Dangote Industries Limited, presented the star prize award to the winner Mamza Ayuba. Read more here

These are the latest Business news that made trends during the week. Visit our website https://allnews.ng for more Business news around the world

 

 

 

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