All roads lead to the Oil Dome, Royal House Chapel in Abossey Okai, Accra, today for the highly anticipated 2024 edition of the Family Consecration Service, organized by Citi TV and Citi FM. Thousands of Ghanaians are anticipated to participate in the event, scheduled from 6 am to 12 noon. Families will convene for prayer, […] The post Thousands to
Oil fell more than 1 per cent on Wednesday, losing ground for a third straight session on hopes of a ceasefire agreement in the Middle East and by rising crude inventories and production in top consumer the United States. Expectations that a ceasefire agreement between Israel and Hamas could be in sight have grown following […] The post Oil falls for a third day
The National Petroleum Authority (NPA) has reaffirmed its commitment to easing operational expenses for liquefied petroleum gas (LPG) traders. This commitment comes in response to concerns voiced by the LPG Marketers Association regarding the imposition of an $80 per metric ton (MT) fee on suppliers’ premiums, specifically aimed at bolstering bottling plant and cylinder investment […] The post We’re
The World Bank has recently released its April 2024 Commodity Outlook Report, which predicts a substantial drop in global food prices in 2024, with a projected 6 per cent decrease, followed by an additional 4 per cent decline in 2025. This decrease is mainly attributed to lower prices for grains, oils, and meals, while other […] The post World Bank predicts
… partners Future Leaders School alongside Akwaaba Volunteers In a powerful display of corporate social responsibility, ZEN Petroleum Limited has announced a landmark GH¢ 2 million commitment to bolster the educational environment at Future Leaders School (FLS) in La Kpeshie, Accra. This transformative partnership with Akwaaba Volunteers aims to empower underprivileged children through quality education […] The post
Businessman Prince Kofi Amoaben has expressed his confidence in former President John Dramani Mahama as the ideal leader to steer Ghana toward economic development and prosperity. Amoaben, the co-founder of the defunct UT Bank, averred the potential benefits of Mahama’s experience as a returning leader during his remarks at a fundraising dinner hosted by the […] The post Kofi
The National Petroleum Authority (NPA) has stated that the only way to mitigate the consistent rise in the prices of petroleum products is to introduce subsidies. Abass Tasunti, Head of Economic Regulation at the National Petroleum Authority (NPA), said on The Big Issue on Citi FM and Citi TV on Saturday, April 20, that it is […] The post Subsidising petroleum
The National Petroleum Authority (NPA) has stated that the only way to mitigate the consistent rise in the prices of petroleum products is to introduce subsidies. Abass Tasunti, Head of Economic Regulation at the National Petroleum Authority (NPA), said on The Big Issue on Citi FM and Citi TV on Saturday, April 20, that it is […] The post Subsidies are key to
The Executive Secretary of the Chamber of Petroleum Consumers (COPEC) has urged the government to focus on strengthening the Cedi to ensure a reduction in the prices of petroleum products. Prices of petroleum products have been on a free fall in the past weeks and further worsened with the reversal of the suspension of the […] The post Fuel price hikes: Strengthening
Kwadwo Nsafoah Poku, an Energy Analyst and member of the New Patriotic Party (NPP) has urged Ghanaians to refrain from politicising fuel prices. On April 16, 2024, several Oil Marketing Companies (OMCs) increased fuel prices, marking the second pricing window of the month. Investigations by Citi News at various OMC outlets showed a notable rise […] The post We shouldn’t
Chairman of the Federation of Kumasi Traders, Nana Prempeh, has raised serious concerns, traders at the Kejetia Market particularly those at the ground floor are exposed to poisonous vehicular fumes. He made the disturbing observation in an interview with Kojo Marfo on AbusuaNkommo at ABUSUA965FM. According to Nana Prempeh, the extractors installed to absorb these […] The post Kejetia
A member of the Movement for Change, Joseph Amoah, has issued a challenge to Vice President and Flagbearer of the New Patriotic Party (NPP), Dr. Mahamudu Bawumia, to name a single successful policy that he has initiated. In an interview with Kojo Marfo on AbusuaNkommo at ABUSUA965FM, Amoah expressed his skepticism about Bawumia’s ability to […] The post I dare Bawumia
Governor of the Bank of Ghana (BoG), Dr Ernest Addison has told the government to empower any of the commercial banks to take over the running of the ‘Gold for Oil’ porgramme. To him, any commercial bank will be able to do so if its capacity is built by the government. Dr Addison said this […] The post Empower a commercial bank to take over ‘Gold
The Executive Director of the Alliance for Social Equity and Public Accountability (ASEPA), Mensah Thompson, has accused the Ghanaian government of intentionally sabotaging the operations of the Tema Oil Refinery (TOR) to pave the way for its sale to Sentuo Oil Refinery Limited. Thompson alleges that this move is aimed at granting Sentuo Oil Refinery […] The post Government
It might sound cliche but not at Tullow Ghana. The phrase, ‘local content’ has come to mean the very heart of how it conducts its business. As main operator of Ghana’s two main oil fields – Jubilee and TEN – Tullow has a responsibility to harness the oil and gas resources available to the country […] The post Giving priority to local suppliers;
The Alliance for Social Equity and Public Accountability (ASEPA) is demanding clarity on the relationship between the Tema Oil Refinery (TOR) and Sentuo Oil Refinery. The Alliance wants Managements of the two refineries to make it clear to the public, if the state-owned refinery has been sold to Sentuo, the Chinese-owned company. ASEPA’s request stems […] The post Alleged
In a move that has been met with great enthusiasm following the government announced 58.26% increase in the producer price of cocoa, farmers have gone to town in jubilation. Read More... The post Cocoa Farmers Rejoice Over Jumbo Price Increase appeared first
The Member of Parliament for Asunafo South, Eric Opoku, has asserted that the Ghana Cocoa Board (COCOBOD) has incurred losses since President Akufo-Addo assumed office. He attributed these losses to the poor performance of the Akufo-Addo-Bawumia government, which has been in power since 2017. During an interview with Bernard Avle on the Point of View […] The post COCOBOD
Thirty years after a devastating genocide, Rwanda has made impressive gains. But ethnic divisions persist under an iron-fisted president who has ruled for just as long.
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