Liquidity position improves Reforms introduced to change the bank’s culture The National Investment Bank (NIB) has secured some GH¢800million capital injection from the government to boost its capital position, improve liquidity and position the bank on a path to profitability, a situation last experienced almost a decade ago. Alongside this capital injection, the bank has […] The post NIB

Readies to open today International trade revenues expected to go up In line with President Nana Addo Dankwa Akufo-Addo’s announcement for the reopening of Kotoka International Airport (KIA) to international traffic on September 1, the Aviation Ministry, in partnership with Zoomlion Ghana Limited (ZGL), has disinfected the KIA and its open spaces. The exercise, which […] The post Gov’t disinfects

The Receiver has said it is working closely with the Economic and Organised Crime Office (EOCO) to locate and retrieve company records or books on some 35 resolved entities in order to validate depositors’ claims estimated to be GH¢252 million. The validation will also enable the Receiver to pay the claims made on these 35 […] The post Receiver, EOCO pursue

International trade, which has been badly hit by the pandemic is set to recover after President Nana Akufo-Addo announced the lifting of restrictions on air travel, making it possible for international flights to resume business fully on today, Tuesday September 1, 2020. The First Quarter Bulletin report shows taxes generated from international trade recorded GH¢829.7 […] The post International

Ecobank Group has announced the winners of its Ecobank Fintech Challenge after an exciting virtual event streamed live from Accra Ghana. Nokwary Technologies, edged out the rest of the finalists to emerge winner of the competition. The first and second runner up spots were taken by Ukheshe Payment and Solutions Growth Factor Technologies respectively. The […] The post Ecobank

The National Hospitality Association of Ghana (NHAG) is unhappy with the government for abandoning the hospitality industry to its fate in spite of several promises by President Akufo Addo to support the industry to recover from the effects of the Coronavirus. A statement issued in Accra yesterday and signed by Theodore Dzeble Executive Secretary said […] The post Hospitality