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...

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...

Depression or Corruption?

Revenue outlook for the first quarter of the current fiscal year has cast doubt over official explanation that the unfolding economic crisis in Liberia is due to global commodity price fall and the Chinese...

Meltdown: US$2.6bn Iron Ore Company Crash

By Varney M. Kamara The multi-billion dollar Chinese owned iron ore mining company, China Union Investment has confirmed an unspecified “huge” financial loss, causing it to halt operation. More than 300 Chinese working on the Company’s...

Turmoil! Liberia’s Economy Enters ‘Depression’

By Festus Poquie The Liberian economy appears to have dipped into depression with pronouncement from the country’s Finance and Development Planning Minister that the nation has almost entered the era of economic turmoil. In November 2014,...

Apple sells 10 million iPhone 6 and iPhone 6 Pluses

The model is talking about booking her latest gig, modeling WordPress underwear in the brand latest Perfectly Fit campaign, which was shot by Lachian Bailey. It was such a surreal moment cried she admitted. The...