National Investment Bank — Ghanaian state-owned bank undergoing financial turnaround; government recapitalised it in July 2025 and Bank of Ghana is divesting remaining shares.
… Institutional Development The idea of a development bank in Ghana dates back to the post-independence era, when institutions such as the National Investment Bank and Agricultural Development Bank were created to support industrialisation and agriculture. …
… Speaking at the Africa Oil Week Energy Conference held in Accra, Mr Lartey who is also the Partner, Strategy and Transactions at Deloitte Ghana added that the model could complement existing institutions such as the Agricultural Development Bank and the National Investment Bank. …
… The book, authored by Dr Doliwura Awushi Abdul Malik Seidu Zakaria, is indeed about the remarkable transformation of the National Investment Bank (NIB), but its lessons stretch far beyond finance. …
… The ICU-Ghana General Secretary pointed to the union’s involvement in efforts to sustain key corporate institutions, including the National Investment Bank and Agricultural Development Bank. …
… Agbeko said the Church continues to service an outstanding debt owed to the National Investment Bank (NIB), although the repayment arrangement has been renegotiated. …
… He made this call at the launch of ‘Building Confidence, Restoring Strength’, a book by the Chief Executive Officer (CEO) of National Investment Bank (NIB), Chief Dr. …
… Presenting the 2026 Mid-Year Budget Review in Parliament, Dr Forson said the government fully recapitalised the National Investment Bank, the Agricultural Development Bank and Consolidated Bank Ghana in July 2025 as part of efforts to stabilise the banking sector. …
Alfred Kwadwo Thompson has been elected National Treasurer of the New Patriotic Party, securing 2,243 votes at the party's National Delegates Conference in Kumasi on October 3, 2026. Thompson brings experience from banking roles at institutions including the Agricultural Development Bank, Standard Trust Bank, and the National Investment Bank.
Alfred Kwadwo Thompson has been elected National Treasurer of the New Patriotic Party, securing 2,243 votes at the party's National Delegates Conference in Kumasi on October 3, 2026. Thompson brings experience from banking roles at institutions including the Agricultural Development Bank, Standard Trust Bank, and the National Investment Bank.
The Ghana Catholic Bishops' Conference has warned the government that the country's growing perception as a drugs trafficking transit point is disgracing Ghana and eroding its international reputation, citing a series of major drug seizures including a 3.9-tonne cocaine interception by French customs in September 2026.
The Development Bank Ghana, established in 2020, has disbursed more than GH¢2.5 billion to nearly 1,000 businesses, with over 60 per cent directed to women-led and women-owned enterprises and more than half channelled into agribusiness, agriculture and manufacturing.
Deloitte Africa's Infrastructure & Capital Projects leader has called for Ghana to establish a specialised financial institution to provide long-term, affordable financing to businesses in capital-intensive sectors like oil and gas and manufacturing, citing Nigeria's Bank of Industry—which offers interest rates as low as 5–7%—as a model.
Metro Mass Transit Limited posted a net profit of GH¢4.48 million in 2025, reversing a GH¢2.52 million loss in 2024, driven by a 16.87 per cent increase in operating revenue to GH¢161.85 million and a 30 per cent rise in passenger numbers to 2.51 million.
Ghana's state-owned enterprises recorded a consolidated net profit after tax of GH¢19.80 billion in the 2025 financial year, ending four consecutive years of net losses, according to SIGA's 2025 State Ownership Report. Total SOE revenue increased by 28.12 per cent from GH¢137.64 billion to GH¢176.43 billion, marking a significant turnaround from the GH¢2.25 billion net loss in 2024.
A journalist reviewing "Rebuilding Confidence, Restoring Strength: The Story Behind NIB's Remarkable Transformation" by Dr Doliwura Awushi Abdul Malik Seidu Zakaria identifies lessons about leadership, people, systems, and managing change that extend beyond banking and financial recovery.
Morgan Ayawine, General Secretary of the Industrial and Commercial Workers' Union (ICU-Ghana), was recognised as Africa's Most Respected CEO in Labour and Union Leadership at the 2026 Africa's Most Respected CEOs Conference and Awards in Lusaka, Zambia, for his visionary leadership, business excellence, and innovation.
Morgan Ayawine, General Secretary of the Industrial and Commercial Workers' Union (ICU-Ghana), has been honoured as "Africa's Most Respected CEO in Labour and Union Leadership" at the 6th Africa's Most Respected CEOs Conference and Awards in Lusaka, Zambia. The award recognised his visionary leadership, commitment to ethical governance, and contribution to organisational success and sustainable economic development.
The Evangelical Presbyterian Church, Ghana has paid over GH¢11.7 million in debt as of June 23, 2026, exceeding the GH¢7.2 million inherited by the outgoing administration. Outgoing Moderator Rev. Dr. Agbeko called for tighter controls on borrowing while noting the Church continues to service outstanding debt to the National Investment Bank under a renegotiated arrangement.
Ghana's banking industry maintains high service quality at 88.2 percent in 2025, though this represents a slight decline from prior years. According to the 2025 Ghana Customer Satisfaction Index report, consumer banking customer satisfaction has eased slightly while banks continue to perform strongly in service delivery, but converting satisfied customers into brand advocates remains a growing challenge.
At the launch of a book by the CEO of National Investment Bank, Speaker Bagbin advised Ghanaians to honour individuals who have made significant contributions to national development while they are still alive, saying a nation grows stronger when it recognizes its heroes and celebrates integrity, excellence and sacrifice.
Speaker of Parliament Alban Bagbin attended the launch of a book chronicling the National Investment Bank's transformation, describing erosion of public confidence in state institutions as the gravest threat to Ghana's democracy. The book, authored by Chief Dr Doliwura Awushi Abdul-Malik Seidu Zakaria, was launched at the British Council in Accra and attended by Members of the Council of State, Ministers, MPs, and the Governor of the Bank of Ghana.
The Bank of Ghana's Board has approved the sale of its residual 13 percent stake in the Agricultural Development Bank, expected to be completed later this year, and also intends to exit its remaining approximately 1 percent stake in the National Investment Bank. The Governor stated the divestments aim to eliminate any perception of conflict between the BoG's ownership interests and its supervisory responsibilities.
The Auditor-General has declared two land lease agreements entered into by the Accra Metropolitan Assembly as "null and void and of no legal effect," after the Assembly leased two parcels of public land to Hamm Company Limited for a total of GH¢5.14 million without obtaining required written approval from the Finance Minister, contrary to the Public Financial Management Regulations, 2019.
National Investment Bank reported Profit After Tax of GH¢34.3 million in the first quarter and net interest income of GH¢151 million, citing evidence of a self-sustaining recovery as it continues its turnaround strategy. Customer deposits increased by 9.4% to GH¢11.6 billion, while the bank focuses on reducing non-performing loans and maintaining regulatory compliance.
Persistent losses by state-owned enterprises (SOEs) pose a risk to Ghana's fiscal balance and debt sustainability following the IMF bailout, according to a corporate governance consultant. The article contextualizes Ghana's SOE sector from independence through economic crises of the 1980s–90s, which reduced government capacity to finance operations and worsened SOE performance.
The North East Regional Minister outlined significant progress in infrastructure, health, education, agriculture, security, and economic growth over the past 16 months. The region received security vehicles including three armoured vehicles, initiated 85 educational infrastructure projects, and constructed or rehabilitated 31 health facilities.
President Mahama announced that the government is considering absorbing the comprehensive overhaul of the Western Rail Line into its 'Big Push' programme to revitalise trade in the Western Corridor and improve transfer of bauxite, manganese, and cocoa to ports.
President John Dramani Mahama told May Day workers that the government has made significant progress reviving state-owned enterprises through policy interventions and financial support, citing the Tema Oil Refinery's return to operation, recapitalisation of the Agricultural Development Bank and National Investment Bank, and recovery efforts at Tema Shipyard as examples of this economic strategy.
President Mahama called on the Trades Union Congress and Organised Labour to actively monitor State-Owned Enterprises and speak up when management mismanages them, warning that workers suffer most when such institutions collapse. He highlighted government efforts to revive struggling SOEs, including resuming operations at the Tema Oil Refinery and recapitalising the Agricultural Development Bank and National Investment Bank.
The Association of Ghana Industries cautions that Ghana's recent economic stability and investor confidence, supported by the IMF programme, may face pressure after the country exits the programme. The AGI emphasises the need for policy discipline, strengthened domestic production to reduce import reliance, and improved access to affordable financing to sustain progress.
The Ghana Armed Forces held a fundraising luncheon to mobilise GH₵190 million for phase-one completion of the Burma Camp redevelopment project at Ghana Military Academy in Teshie, which will comprise 250 housing units including dormitory and apartment blocks. The project, scheduled to begin in July 2026 and complete within a year, aims to replace colonial-era structures and improve military accommodation standards.
An opinion piece argues Ghana's economic reset requires BIG PUSHCAS (Capital Allocation Strategy) to fund production and scale exports through equity participation in industry, reviving a historic National Investment Bank-Nestlé model that built sustainable industrial growth rather than short-term debt cycles.
An opinion piece argues that Ghana's economic reset requires BIG PUSHCAS (Capital Allocation Strategy) to fund production and scale exports, with equity participation in industry—modeled on the historic National Investment Bank–Nestlé partnership—positioned as key to creating 500,000 jobs and unlocking $5–10 billion in exports.