Ghana’s Gold-for-Oil Programme Falls Short of Goals
While trading gold can indeed help reduce forex demand and stabilize the cedi, it does not directly translate into lower fuel prices.
While trading gold can indeed help reduce forex demand and stabilize the cedi, it does not directly translate into lower fuel prices.
This strategic move allows Nigeria to stay within its OPEC+ quota of 1.5 million barrels of crude per day
Recent data from Cedirates indicated the several Oil Marketing Companies (OMCs) have adjusted their prices upward in the first pricing window of February.
U.S. President Donald Trump’s commitment to expanding domestic oil and gas production could have ripple effects far beyond American shores, potentially easing inflation in Kenya. Speaking to reporters, Kenya’s Central ...
The Minister of State for Petroleum, Senator Heineken Lokpobiri, has attributed the continued availability of fuel during the 2024 festive season to the full deregulation of the downstream oil sector, ...
Dangote Refinery, the continent’s largest oil refinery, and Neptune Oil have announced the first-ever export of Premium Motor Spirit (PMS), commonly known as petrol, from Nigeria to Cameroon. This ...
Ghana’s petroleum sector has witnessed rapid growth in recent years, driven by significant discoveries and ongoing exploration. However, the sector’s expansion has presented challenges, particularly in regulatory enforcement and ensuring ...
In a press release issued, the Ghana Private Road Transport Union (GPRTU) and the Ghana Road Transport Coordinating Council (GRTCC) firmly rejected recent reports claiming an imminent increase in transport ...
Former President John Dramani Mahama has drawn sharp contrasts between his administration and the current Akufo-Addo/Bawumia government, asserting that the economic indices he left behind are far superior to the ...
The Institute of Energy Security International (IES) has predicted a series of market changes resulting from geopolitical tensions in the Middle East and the decision of OPEC+ to cut oil ...