Business News of Thursday, 24 July 2025
Source: www.ghanaweb.com
The Minister of Finance, Dr Cassiel Ato Forson, has announced that the government has fully capitalised the National Investment Bank (NIB), leading to 900 direct jobs saved by the government.
Speaking during the presentation of the 2025 Mid-Year Budget Review in Parliament on July 24, 2025, Dr Forson commended efforts that have been taken to revitalise the struggling state-owned bank.
“We have saved 900 direct jobs at NIB through deliberate and timely actions following interventions aimed at capitalising the bank,” he announced.
Dr Ato Forson described the bank as fit and in much stronger financial position to effectively support Ghana’s industrial and commercial sectors.
The minister also announced government's continued support and oversight to ensure that NIB remains viable and contributes meaningfully to Ghana’s economic growth agenda.
The capitalisation of NIB aligns with national objectives by the government to fully strengthen Ghana's financial sector.
SP/VPO
How Virtual Reality is enhancing business and customer experience