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The government will borrow ¢3.33 billion from the treasury market on Friday May 12, 2023, to partly refinance maturities worth ¢2.31 billion. Sources indicates that part of the ¢3.33 billion will be used to settle coupon payments of the…

The National Petroleum Authority (NPA) has issued a strong warning to individuals who smuggle fuel out of the country.  NPA specifically directed the warning to residents in the Volta and Oti Regions against engaging in fuel smuggling to…

The Ghana cedi is expected to end 2023 at ¢12.40 to one US dollar, Fitch Solutions has predicted. This means the rate of depreciation will be far lower than the 38% recorded last year. The research and market information firm’s…

Fintechs are a key component of the financial inclusion agenda and no longer exist on the periphery, the Head of Retail Banking-FBN Bank Ghana, Allen Quaye, has said. Speaking ahead of The Money Summit (TMS) 2023, which takes place on…

Ghana led some five African countries to sign the Smart Africa Trust Alliance (SATA) declaration on data and digital identity interoperability.  The four other countries were Zimbabwe, Gabon, Tunisia and Guinea, who together with Ghana,…

Brent crude oil was up nearly 2% on Monday, largely driven by the easing of economic slowdown fears in the U.S. At 10:39 a.m. EST on Monday, Brent was trading up 1.62% at $76.52, for a $1.22 gain on the day, while West Texas Intermediate…

Despite another strong set of quarterly profits reported over the past two weeks, the oil and gas sector has underperformed the broader market this year as commodity prices have dropped and fears of a recession have intensified.   The…

A friend informed me that my previous article on energy independence was mentioned in a TikTok video. As I write this, the video has over 160,000 views and more than 2,000 comments — some of which were a sight to behold. In today’s…

Europe’s benchmark natural gas prices extended losses on Monday and began a sixth week of declines amid comfortable inventories and tepid gas demand in Europe and Asia.  The front-month futures at the TTF hub, the benchmark for Europe’s…

It may not be the off the charts gold buying observed in the second half of 2022, but central bank Central bank gold buying made a blistering start to 2023 when according to the latest report from the World Gold Council, demand for the hard…