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As of January 1, 2024, the cedi is being bought at GH¢12.00 and being sold at GH¢12.20.Meanwhile, Ghana’s petroleum downstream regulator has revoked the licenses of 40 Oil Marketing Companies (OMCs) for failing to comply with industry regulations.
In January this year, the regulator, in a statement, announced the revocation of 30 licenses of OMCs.This means that from January to date, the NPA has revoked an additional 10 licenses.