| |
|
<< Back
Poser >>
|
| Stanbic Bank Ghana donates GH¢400,000 in flood, fire relief items to NADMO |
Stanbic Bank Ghana has donated relief items worth GH¢400,000 to the National Disaster Management Organisation (NADMO), to support communities affected by recent flooding and fire incidents across Accra and other parts of the country.
The presentation, which occurred at the NADMO Headquarters over the weekend, showed the Bank’s commitment to supporting Ghanaians in times of need.
The items included wellington boots, raincoats, life jackets, student mattresses, blankets, toiletries, and mosquito repellents, as well as rice, cooking oil, tomato puree, canned fish, and sanitary pads (dignity kits).
In a release copied to the Ghana News Agency on Monday, the Bank said it had to swiftly mobilise a comprehensive package of essential items to complement NADMO’s ongoing relief and recovery efforts.
It cited the heavy rains and subsequent fire outbreak on Wednesday, 3rd June, which displaced families, disrupted livelihoods, and caused significant hardship for residents and market operators as the reason for its action.
Kwamina Asomaning, the Chief Executive Officer (CEO) of the Stanbic Bank Ghana, said: “At Stanbic Bank, our purpose is Ghana is our home, and we drive her growth. We recognise that true growth is only possible when our communities and people are thriving.”
“When our communities prosper, we prosper alongside them. Natural disasters, however, are often unforeseen and can disrupt livelihoods and progress. It is within this context that Stanbic Bank has stepped in to support victims of the recent flood and fire incidents in Accra.”
“We are proud to stand with affected families and to support NADMO’s critical efforts in restoring dignity and stability to impacted communities… Stanbic Bank remains proud to be Ghana’s trusted financial partner – committed to helping individuals, businesses, and communities thrive.”
Mr Asomaning reaffirmed the Bank’s steadfast commitment to Ghana, noting its continued focus on supporting communities, driving economic growth, and partnering with government and other stakeholders to build national resilience.
In 2025, Stanbic Bank invested GHS8.86 million in corporate social investment across sectors such as education, healthcare, skills training, agriculture financial wellness and youth development, the release said.
Source: GNA
|
| Ghana Business News |
|
Lekki Port Phase 2 construction set for kick-off, says Lagos govt
By Godwin Oritse Lagos State Governor, Babajide Sanwo-Olu, has announced that work on Phase 2 of the Lekki Port project will commence soon, a move aimed at strengthening the state’s position as West Africa’s leading maritime and logistics hub. Speaking at the Invest Lagos Summit 3.0 held in Lagos earlier in this week, Sanwo-Olu highlighted the […]
|
3 years of Tinubu: Manufacturers yet to see policies translate into industrial growth — MAN
From intervention funds and industrial roadmaps to fiscal reforms, local content policies and foreign exchange restructuring, the administration has introduced several initiatives
|
CBN bans linked financial entities from extending loans to each other
By Elizabeth Adegbesan The Central Bank of Nigeria, CBN, has banned closely linked financial entities from extending loans or guaranteeing the obligations of one another without the bank’s prior approval. The apex bank disclosed this, yesterday, in its Exposure Draft on ring-fencing operations of closely linked entities in the Nigerian financial system. The apex bank stated: […]
|
Businesses’ confidence in macroeconomy rises to 7.9 index points — CBN
By Elizabeth Adegbesan Businesses’ confidence in the macro economy rose significantly to 7.9 index points in May 2026 from 3.9 index points in the preceding month of April 2026, even as insecurity, multiple taxation, and high interest rates continued to pose major operational challenges to businesses during the period. This was contained in the latest Central […]
|
Nigeria’s monthly oil output rises 2.2%
By Obas Esiedesa, Abuja Nigeria’s total oil production, comprising crude oil and condensates, increased by 2.2 per cent in May to 1.70 million barrels per day (bpd), while crude oil output exceeded the country’s OPEC production quota for the first time this year. Data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Thursday showed […]
|
FCMB appoints Bismarck Rewane as Non-Executive Director, Board of Directors Chairman
First City Monument Bank (FCMB) Limited has appointed Mr. Bismarck Rewane as a Non-Executive Director and Chairman of its Board of Directors, following approval from the Central Bank of Nigeria. Mr. Rewane is a respected economist and experienced leader in Nigeria’s financial sector, with more than 40 years of experience in macroeconomic research, investment banking, […]
|
|