Producer Price Inflation Hits 28.5% In January 2025

Producer Price Inflation Hits 28.5% In January 2025

Producer price inflation at ex-factory prices for all goods and services rose to 28.5% in January 2025, up from 26.1% in December 2024. The month-on-month producer inflation between December 2024 and January 2025 was 3.6%, higher than in December 2024. The Producer Price Inflation (PPI) in the industry sector, excluding construction, increased from 40.2% in December 2024 to 43.7% in January 2025. The rate in the construction sector also rose to 29.8% in January 2025. In the services sector, inflation stood at 7.7%. Mining and quarrying (47.5%), construction (29.8%), and accommodation and food service activities (29.0%) recorded inflation rates above…
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BoG Launches Comprehensive Audit Of Remittance Activities

BoG Launches Comprehensive Audit Of Remittance Activities

The Bank of Ghana (BoG) has commenced an audit of remittance activities covering the fourth quarter of last year, from October 1 to December 31, 2024. This was announced in an official notice issued by the Central Bank today. According to the BoG, the audit aims to assess the remittance process, recommend improvements to the existing regulatory framework, and ensure full compliance with all relevant regulations, including the Foreign Exchange Act, 2006 (Act 723). The Bank emphasized that all market participants are required to fully adhere to these regulatory obligations, underscoring its commitment to promoting transparency, efficiency, and integrity within…
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LaLiga: You’ve nothing more to offer – Ancelotti told to leave Real Madrid

LaLiga: You’ve nothing more to offer – Ancelotti told to leave Real Madrid

Former Real Madrid player and sporting director, Predrag Mijatovic, has told the club’s boss, Carlo Ancelotti, to leave the club. He acknowledged the Italian’s successful strides at the club but feels the Champions League title holders need fresh ideas. For him, it is time for Carlo Ancelotti to leave the Santiago Bernabeu and allow a younger man to take charge. The former sporting director believes that Ancelotti’s cycle at the club is over and that the LaLiga giants need a fresh face in the dugout next season. He stated this in an interview with Josep Pedrerol on El Cafelito, despite…
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Champions League: Teams that Arsenal, Real Madrid, Bayern will face in Round of 16

Champions League: Teams that Arsenal, Real Madrid, Bayern will face in Round of 16

The 16 teams left in the Champions League have an idea who their Round of 16 opponents will be. This year, the expanded version of the competition saw 36 teams in a league phase format. The format also included a play-off round for the Round of 16. By Thursday morning, all the teams in the knockouts had been confirmed. They are: Real Madrid, Paris Saint-Germain, Club Brugge, Feyenoord, PSV, Bayern Munich, Borussia Dortmund and Benfica. Others are Arsenal, Aston Villa, Atleti, Barcelona, Inter, Leverkusen, Lille and Liverpool. HOW THE CHAMPIONS LEAGUE LAST-16 IS SHAPING UP: PSG vs Liverpool or Barcelona…
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Champions League: Mbappe picks team he wants Real Madrid to face in last 16

Champions League: Mbappe picks team he wants Real Madrid to face in last 16

Real Madrid forward, Kylian Mbappe, has said he wants to face Atletico Madrid or Bayer Leverkusen next in the Champions League. Mbappe was speaking after netting a hat-trick as Madrid beat Manchester City 3-1 on Wednesday night. Los Blancos progressed into the Round of 16 with a 6-3 aggregate. Atletico have impressed this season and sit in third place in the La Liga table – just one point behind joint leaders Real Madrid and Barcelona. Diego Simeone’s men automatically qualified for the Champions League knockout stages. Leverkusen also finished in the top-eight. Mbappe said: “It was a great performance. I…
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Why Man City lost 3-1 to Real Madrid – Guardiola speaks on Champions League exit

Why Man City lost 3-1 to Real Madrid – Guardiola speaks on Champions League exit

Manchester City manager, Pep Guardiola, has pointed to Real Madrid’s early goal as key to their 3-1 win over his team in the Champions League on Wednesday night. Los Blancos came into the second leg of the playoff with a slender 3-2 advantage. Within five minutes at the Bernabeu, Kylian Mbappe opened scoring, lifting the ball over Ederson. Mbappe went on to complete sensational hat-trick, before Nico Gonzalez pulled one back for City. Madrid advanced into the last 16 with a 6-3 aggregate. Guardiola, speaking to TNT Sports, said: “After we conceded the goal in the first action we didn’t…
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Rihanna Breaks Silence As Boyfriend A$AP Rocky Escapes Jail Term

Rihanna Breaks Silence As Boyfriend A$AP Rocky Escapes Jail Term

Rihanna is feeling "thankful" after A$AP Rocky was found not guilty in his felony assault trial. The 36-year-old pop star has been in a relationship with A$AP, also 36, since 2020 and he had been accused of shooting his former friend Terrell Ephron during an altercation near a hotel almost four years ago but after he was acquitted on Tuesday (18.02.25), Rihanna took to social media to share here relief. She wrote on Instagram: "The Glory belongs to God and God alone. Thankful, humbled by his mercy." During the trial, Ephron had claimed that the Grammy Award-winning rapper - whose…
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Don’t Take Hard Liquor- 94 Year Old Agya Koo Nimo Advises Kwabena Kwabena

Don’t Take Hard Liquor- 94 Year Old Agya Koo Nimo Advises Kwabena Kwabena

Renowned highlife musician, Agya Koo Nimo has shared valuable health advice with fellow highlife artiste Kwabena Kwabena, warning him against taking hard liquor. During a recent visit to his Kumasi residence by Kwabena and his team to pay their heir respects to the 94-year-old music legend, Agya Koo Nimo stressed on the importance of prioritising kidney health. "Listen to whatever I say. Why am I 94? The first thing Kwabena, respect our kidneys. Drink a lot of water to clear everything in your kidneys. As for alcohol, you may just take a little," he said in a video sighted on…
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Trio Sentenced To 50 Years For Foiled Robbery

Trio Sentenced To 50 Years For Foiled Robbery

A Nigerian national and two Ghanaians have been sentenced to a total of 50 years imprisonment by the Assin-Kyerewere Circuit Court for attempted robbery at Wawase-Semanhyia in the Assin North District. The convicts, Francis Baidoo, 30, driver; Wisdom Aleki, 24, tricycle rider and Mohammed Baba, 38, a Nigerian beautician, pleaded not guilty but were found guilty at the end of their trial. The fourth person, Francis Larbi, is on the run and the police are on his heels. The court presided over by Emmanuel Amoh-Yartey sentenced Baidoo and Aleki to 15 years each for conspiracy to commit crime and attempted…
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US Woman Sues After Carrying Wrong Baby In IVF Error

US Woman Sues After Carrying Wrong Baby In IVF Error

A US woman who unknowingly carried and delivered a baby boy who was not biologically hers is launching legal proceedings against an IVF clinic over the mix-up, after being forced to give up custody. Krystena Murray, from the state of Georgia, became pregnant after IVF treatment at the Coastal Fertility clinic in May 2023. But it became clear that the embryo she had been carrying in fact belonged to another couple - after Ms Murray gave birth to a boy who was of a different ethnicity to both her and the sperm donor she had chosen. Despite the error, Ms…
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