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Each of the world’s biggest oil and gas majors reported record profits for 2022 in the past week, doubling their combined net earnings from 2021 and booking the best-ever year for Big Oil. Combined, the net profits of Exxon, Chevron, BP,…

Oil prices could return to the $100 per barrel mark in the second half of 2023 on the back of rising Chinese demand and expected limited additional supply, Afshin Javan, Iran’s OPEC representative, told Reuters on Wednesday. Iran is…

Crude oil prices moved lower today after the U.S. Energy Information Administration reported an inventory build of 2.4 million barrels for the week to February 3. This comes after three weeks of inventory builds, two of them quite…

The National Petroleum Authority (NPA) has announced that it is set to drag 47 Oil Marketing Companies (OMCs) to court on February 22, 2023 for Non-Payment of debts. These are levies that the OMCs have collected on every litre of fuel…

GH¢31.31 billion; that’s the total value of Government of Ghana (GoG) Bonds that will mature in 2023, but all of which the government is hoping to enrol on the Domestic Debt Exchange Programme (DDEP). Registration for enrolling onto the…

25 Japanese Companies are in Ghana to explore economic potentials in the automotive and manufacturing sectors. The presence of these companies will see the setting-up of new assembling plants in the country as well as enhanced…

The economy is facing one of its worst challenges. This development has put a lot of strain on businesses. The financial sector is also not sparred because the Domestic Debt Exchange Programme (DDEP) has impacted not only their…

Stakeholders in the domestic piggery industry are threatening legal action which could result in a total import blockade on pork products across board – should the Ministry of Food and Agriculture (MoFA) fail to disclose detailed…

According to Hatayspor team doctor, Gurbey Kahveci, Ghana international Christian Atsu is yet to be seen following the devasting earthquake in Turkey earlier this week. The 31-year-old was reported to have been pulled out from wreckage…

Convener of the Individual Bondholders' Forum, Senyo Hosi, says the government is pushing banks to force their customers to accept the Domestic Debt Exchange programme (DDEP).  Mr Hosi describes this action as inimical to the financial…