NOCAL Taking Steps to Revive Oil & Gas Sector

The National Oil Company of Liberia (NOCAL) said Thursday in a statement that in keeping with its statutory obligations, it is taking proactive steps to revive Liberia’s potential oil & gas sector. It did...

EU Technical Support Boosts Revenue Collection – LRA

  The Liberia Revenue Authority (LRA) has hugely commended Ecorys for its outstanding technical support to the Authority over the years. Ecorys is a leading European research and consultancy that was hired by the European Union...

LRA Awards 39 Outstanding Taxpayers

The Liberia Revenue Authority (LRA) has recognized and awarded 39 devoted taxpayers for their firm commitment tax payment and meaningfully contributing to the revenue envelope of the country. The awardees were selected based on their...

LRA Names ORANGE Liberia Highest Tax Payer

The Liberia Revenue Authority (LRA) has named Orange Liberia as its highest domestic tax payer for the fiscal year 2016/2017.   The award was presented to the CEO of Orange Liberia Mr. Mamadou Coulibaly on...

Liberia Fastest Growing Flag in Shipping & Offshore

Liberia is the fastest growing major open registry in 2018 in both the shipping and offshore sectors, according to shipping services provider Clarksons in its Clarksons World Fleet Monitor June 2018. Alfonso Castillero (pictured), CCO...

LWSC To Connect 350,000 Households In Four Counties

Liberia Water and Sewer Cooperation (LWSC), with support from the African Development Bank (AfDB) will shortly commence pipe-borne water connections across the country targeting 350,000 new households in four counties, the entity announced Monday. Speaking...

Liberia adopts law For ship financing

  The Republic of Liberia has responded to the needs of shipowners and the ship financing and legal community by amending Liberian maritime law to allow lease-financing structures to be recorded as mortgages. As a...

Liberia’s Biggest Palm Oil Project Quits Eco-certification Body

Liberia’s largest palm oil company, Golden Veroleum, has quit a global eco-certification body in response to accusations from a global watchdog that it failed to get consent from communities before expanding onto their lands,...

Aliko Dangote: Africa’s Richest Man On His ‘Crazy’ $12bn Project

  On his yacht in Lagos, he talks about his ambitious oil refinery — and his dream of buying Arsenal. As a rule, I don’t get worked up over oil refineries. But the one gradually taking...

L$15.2 Billion Outside Banking System -CBL Executive Governor

In continuation of efforts at arresting the ongoing economic crisis, the Central Bank of Liberia (CBL) says it has discovered 15.2 billion Liberian dollars in circulation outside the banking system while L$1.7 billion sit...