CBL Hosts Forum on National Payments System

The Central Bank of Liberia (CBL), in collaboration with stakeholders in the financial sector, will host a National Payment Systems Stakeholders Forum at the Bella Casa Events Center on Thursday, January 18, 2018. The Forum...

Bankers’ President on Liberia’s Weak Economy

The President of the Liberian Bankers Association and President of LBDI, John Davies says the Liberian economy is plagued with numerous challenges that need urgent interventions. Mr. Davis noted that the Liberian economy relies...

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...