Government lauds NIB's digital milestone

The Deputy Minister for Communication, Digital Technology and Innovations, Mohammed Adams Sukparu, has hailed the National Investment Bank's (NIB) launch of its mobile application and Ubuntu initiative as a significant boost to Ghana's digitalisation agenda.

Delivering a speech at the launch of the event, the Deputy Minister for Communication, Digital Technology emphasised that the NIB mobile app is more than just a banking tool but a gateway to financial empowerment, enabling individuals and businesses to transact seamlessly, safely, and securely.

He commended the NIB for its efforts, stating that the initiative aligns with the government's goal of building a 24-hour economy driven entirely by technology.

He urged citizens and businesses to take advantage of the new platform, emphasising the importance of security and customer care.

"The Ubuntu initiative serves as a vital reminder that humanity and empathy must remain fundamentally at the heart of service delivery," Sukparu said, adding that the combination of technological innovation and humanistic values will set NIB apart and establish it as a trusted partner in Ghana's economic transformation.

In a speech read on his behalf, Dr Cassiel Ato Forson, Finance Minister, commended the bank’s digital drive, noting that “innovation in financial services is critical to Ghana’s economic resilience.”

He commended NIB for aligning its digitalization agenda with Ghana’s broader economic transformation goals and called on financial institutions to align with government’s agenda for digital transformation.

He urged the bank to continue supporting small and medium enterprises (SMEs) and contributing to the government’s vision of the 24-hour economy.

Delivering the keynote address, Ambassador Mussie Hailu, Regional Director of United Religions Initiative (URI-Africa), highlighted Ubuntu’s philosophy of togetherness.

He stressed the need to fuse digital innovation with human-centered values, stating that the initiative would “champion the values of solidarity, peace, and shared prosperity,” and position NIB as a frontrunner in socially responsible banking.

In his opening remarks, Odeneho Dr Affram Brempong III, Omanhene of the Suma Traditional Area and Member of the Council of State commended NIB for its remarkable progress and urged stakeholders to embrace digital transformation as a pathway to inclusive growth.

He noted that banking was rapidly shifting from “bricks and mortar” to digital platforms, enabling customers to transact business conveniently from their phones and homes.

“I cannot even recall the last time I walked into a bank to issue a cheque,” he said, underscoring the relevance of mobile banking in today’s financial landscape.

He highlighted the bank’s turnaround performance, recalling that NIB recorded a loss of about GH¢44 million last year but had achieved a profit of about GH¢74 million by mid-year 2025.

Chief Dr Doliwura Zakaria, NIB Managing Director, said the mobile app would “offer endless possibilities” for customers, enabling seamless transactions and strengthening the bank’s digital footprint.

He said the Ubuntu initiative reflected NIB’s commitment to unity and shared progress and that the launch was not merely about introducing a mobile application but about “unveiling a new chapter in the transformation of NIB; one that blends innovation with humanity, digital strength with cultural renewal and technology with purpose.”

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