Central-Bank-of-Liberia-(CBL)--why-print-new-money

Why Print Additional Money?

The Central Bank of Liberia (CBL) has addressed questions regarding its intention to print additional Liberian Dollars to boost the economy.  In a detailed presentation to media representatives last week, bank officials explained that the primary reason for this decision is to replace worn-out, mutilated, and unfit currency, as well as to respond to the…

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President-Joseph-N.-Boakai-has-delivered-a-blunt-message--We-Are-Tired-Of-Building-Material-Stores

“We Are Tired Of Building Material Stores”…Boakai Rallies Shift To Modern Investment

President Joseph N. Boakai has delivered a blunt message on Liberia’s development priorities, declaring that the country must move beyond an economy dominated by hardware shops and embrace modern, people-centered investments. Speaking Friday, April 10, 2026, at the grand opening of the Monrovia Super Mall in Congo Town, the President praised the facility as a…

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Assets-Recovery-and-Property-Retrieval-Taskforce-Commerce-Minister-Mawine-G.-Diggs

US$1.8M Corruption Scandal Hangs Over Ex-Commerce Minister, Others…Asset Recovery Team Issues Indictment

The Assets Recovery and Property Retrieval Taskforce (AREPT) has issued a sweeping fourth indictment targeting seven individuals, including former Commerce Minister Mawine G. Diggs, in connection with the alleged diversion of more than US$1.8 million earmarked for rural women’s economic empowerment. In a strongly worded statement, AREPT Chairperson Cllr. Edwin Kla Martin announced that the…

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Rep.-Mulbah-leads-Charge-For--Representative-Yekeh-Kolubah’s-Explusion

Representative Mulbah leads Charge For Yekeh’s Explusion

Montserrado County District #3 lawmaker Sumo Mulbah has taken the lead in calling for the expulsion of District #10 Representative Yekeh Kolubah from the Plenary, as an investigation into his actions gets underway. ‎During the special session of the 55th Legislature, the Planary mandated its Rules, Order, and Administration Committee to investigate Representative Kolubah over…

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President-Boakai-Cracks-Down-On-Disorderly-Construction

Boakai Cracks Down On Disorderly Construction …Demands Accountability At Cabinet Meeting

President Joseph N. Boakai has sounded a strong warning against unregulated construction and weak enforcement of zoning laws, calling for stricter discipline, accountability, and coordinated action across government institutions. Chairing a cabinet meeting focused on public works and urban management on Thursday, April 9, 2026 at the Executive Mansion Tea House, the President emphasized that…

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Tweah,-Others-Linked-To-Missing-US$6.2M

Tweah, Others Linked To Missing US$6.2M

Testimonies in the ongoing corruption trial at Criminal Court “C” have further implicated former senior security officials in the alleged mismanagement of US$6.2 million. Appearing under cross-examination, Liberia Anti-Corruption Commission (LACC) investigator Baba Mohammed Boika told the court that former National Security Advisor Jefferson S. Karmoh played a key role in initiating the chain of…

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Confusion-Clouds-US$51M-Yellow-Machine-Project

Confusion Clouds US$51M “Yellow Machine” Project

A high-stakes public discussion on the government’s controversial “yellow machines” project descended into confusion and contradiction as the Executive Chairperson of the Yellow Machines, Brownie J. Samukai, failed to clearly explain how tens of millions of dollars are being allocated, raising fresh concerns about transparency, planning, and accountability. During a tense exchange on “Spoon Talk”…

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LEC-Alarms-Over-Rising-Damage-to-Electrical-Infrastructure

LEC Alarms Over Rising Damage to Electrical Infrastructure

The Management of the Liberia Electricity Corporation (LEC) has expressed serious concern over the growing incidents of damage to critical electrical infrastructure across its operational areas. The Corporation notes that several electric poles have been destroyed due to uncontrolled bush burning and land-clearing activities carried out by residents for farming and related purposes. In addition,…

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