Tag: National Investment Bank
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Think tank warns Ghana’s deficit worse than reported over bank bailout accounting
Ghana's fiscal deficit may be significantly higher than official figures suggest after the government failed to fully account for a GH₵2.45 billion bank bailout...
Ghana Think Tank Questions Fiscal Transparency in Bank Bailout
A prominent economic policy institute is raising alarms over the government’s accounting of a major bank rescue.
The Institute for Fiscal Studies says officials failed...
NIB Recapitalization Must Fuel Industrial Revival, Expert Urges
Ghana’s National Investment Bank (NIB) recapitalization should catalyze industrial growth if it restores the bank’s original mandate, banking consultant Dr. Richmond Atuahene asserts.
Speaking to The...
Ghana Injects GH₵3.4 Billion to Rescue National Investment Bank
Ghana's government has recapitalized the National Investment Bank (NIB) with GH₵3.4 billion, reversing years of undercapitalization and stabilizing the institution.
Finance Minister Cassiel Ato Forson...
Ghana Appoints Banking Veteran to Salvage Troubled National Investment Bank
The Ghanaian government has installed former CalBank CEO Frank Adu Jnr as chair of the National Investment Bank’s (NIB) new board, following a GH¢1.4...
