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Error: EACCES: permission denied while trying to update ghost-cli

While trying to update ghost-cli, I am getting the following error.

npm install -g ghost-cli@latest
npm notice
npm notice New minor version of npm available! 8.1.2 → 8.3.0
npm notice Changelog: Release v8.3.0 · npm/cli · GitHub
npm notice Run npm install -g npm@8.3.0 to update!
npm notice
npm ERR! code EACCES
npm ERR! syscall rename
npm ERR! path /usr/local/lib/node_modules/ghost-cli
npm ERR! dest /usr/local/lib/node_modules/.ghost-cli-7QDaLF4o
npm ERR! errno -13
npm ERR! Error: EACCES: permission denied, rename ‘/usr/local/lib/node_modules/ghost-cli’ → ‘/usr/local/lib/node_modules/.ghost-cli-7QDaLF4o’
npm ERR! [Error: EACCES: permission denied, rename ‘/usr/local/lib/node_modules/ghost-cli’ → ‘/usr/local/lib/node_modules/.ghost-cli-7QDaLF4o’] {
npm ERR! errno: -13,
npm ERR! code: ‘EACCES’,
npm ERR! syscall: ‘rename’,
npm ERR! path: ‘/usr/local/lib/node_modules/ghost-cli’,
npm ERR! dest: ‘/usr/local/lib/node_modules/.ghost-cli-7QDaLF4o’
npm ERR! }
npm ERR!
npm ERR! The operation was rejected by your operating system.
npm ERR! It is likely you do not have the permissions to access this file as the current user
npm ERR!
npm ERR! If you believe this might be a permissions issue, please double-check the
npm ERR! permissions of the file and its containing directories, or try running
npm ERR! the command again as root/Administrator.

npm ERR! A complete log of this run can be found in:
npm ERR! /home/ubuntu/.npm/_logs/2021-12-24T04_08_06_956Z-debug.log

How to fix this?