Orange Launches Christmas Bonanza

In furtherance of a recent statement by its Chief Executive Officer, Mr. Mamadou COULIBALY to put a smartphone in the hand of every Liberian, Orange Liberia has launched a massive device fair at...

Insurance Companies Risk Closure

The Central Bank of Liberia (CBL), has set March 31st, 2018 as the deadline for all insurance companies to comply with the bank’s new capital requirements for insurance companies operating in Liberia. The CBL...

GOL Risks Default Judgment in US$10.7M Case

The Commercial Court at the Temple of Justice says it may render default judgment against the Government of Liberia if it fails to show up in court for trial in a US$10.7million debt action...

Petroleum Prices Hiked

The Government of Liberia through the Ministry of Commerce & Industry and the Liberia Petroleum Refining Company ("LPRC") has increased the prices of petroleum produces with immediate effect . According to a petroleum price circular...

US$41million Dangote’s Deal Faces Scrutiny

President Ellen Johnson Sirleaf’s bill seeking investment incentive for billionaire Nigerian businessman Aliko Dangote has been tabled in the House of Representatives for review. The Nigerian has reached an agreement with the Executive to operate...

More Companies Linked to Scandal

The public inquiry Into the Global Witness bribery report has identified new companies and institutions that may have links to the scandal. Western Clusters, Delta Mining Consolidated (Pty) Ltd and West Africa Exploration are the...

Liberia Sinks in Debt

By Festus Poquie The economic and financial situation in Liberia is becoming worrisome as the country appears to have gone out of cash and its growing public debt stock  serving as hindrance to acquiring new...

Money Crisis: Ellen Following Adolph Hitler

By Festus Poquie supply is likened to 19th century German dictator Adolph Hitler’s economic idea that favors the printing of more currency to finance government. Johnson-Sirleaf has asked legislators to approve the printing of new banknotes...

US$500,000 Lost In Ore Revenue

Due to falling iron ore price on the international market, Liberia has lost approximately US$500,000 in revenue generated from iron-ore mining in the country, a senior official of the country’s energy sector disclosed at...

Liberia: No Security Threat to Vessels Operation, International Trade

Liberia has made remarkable progress under the International Port Security Program through the United States Coast Guard and International Maritime Organization. Results from the just concluded ISPS inspection from November 17-19, 2015 have certified “all...