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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...
News

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...
News

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,...
News

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...
News

Minority seeks restructuring to save NIB

The Minority Caucus of the National Democratic Congress (NDC) in Parliament has made a call on Thursday for the government to undertake a substantial...
Business

NIB was managed from Canada via zoom for a year – Adongo alleges

Member of Parliament representing Bolgatanga Central, Isaac Adongo, expressed deep concern over the National Investment Bank's (NIB) financial crisis, attributing it to inadequate oversight. He...
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