Tag: NIB
Business
NIB remains solvent and not for sale – Majority Caucus
The majority caucus in parliament has emphatically rejected the minority's assertion that the National Investment Bank (NIB) is on the verge of bankruptcy and...
Business
Merging ADB and NIB economically not prudent – Laud Mensah condemns
Professor Laud Mensah, who heads the Business School at the University of Ghana, firmly stated that combining ADB with NIB would lack economic justification.In...
Business
Economist opposes merging large banks like ADB-NIB
Head of the business school at the University of Ghana, Professor Lord Mensah, has indicated that it is not economically sensible for the government...
Business
Minority calls for removal of NIB Managing Director to rescue ailing Bank
The Minority in Parliament is calling for the immediate removal of the Managing Director of the state-owned National Investment Bank (NIB) in order to...
Business
NIB incurs loss of GHS857,000 over govt’s DDEP
National Investment Bank (NIB) employees have outlined a series of challenges that have adversely affected the bank in recent years, leading to its current...
Business
Adongo’s claim that NIB was managed via zoom lacks evidence
The National Investment Bank (NIB) has issued a response to allegations suggesting that the bank's managing director managed its operations remotely via Zoom for...
Business
Employees endure hardships over 6-year restriction on NIB’s to give loans
In an open letter, all National Investment Bank employees pleaded with the government to help recapitalize the bank and save it from potential collapse.Among...
Business
Restructuring not needed, NIB needs cash – Banking consultant
A banking consultant, has opposed the idea of restructuring the National Investment Bank (NIB). In his view, what the bank requires is increased liquidity,...
Business
Merging of ADB, NIB will result in loss of 800 jobs – NDC
The Minority in Parliament has claimed that the government's decision to merge the National Investment Bank and the Agricultural Development Bank (ADB) will result...
News
Isaac Adongo likely to face lawsuit over NIB Boss Zoom management comment
The Managing Director of the National Investment Bank (NIB), Samuel Sarpong, has threatened legal action against JoyFM, a subsidiary of the Multimedia Group, as...