Business tycoon, Upjit Singh Sachdeva has given the Suehn Legacy Circle three million Liberian dollars worth of building materials to begin the reconstruction project of the historic Suehn Industrial Academy. The structure has been lying in ruins since the end of the country’s 14 years of civil war. The Academy, financed by entrepreneurs Solomon Hill…
The controversial US$25 million Mop-up exercise has resurfaced again with former Finance and Development Planning Minister, Samuel D. Tweah, distancing himself and pointing fingers at the Central Bank of Liberia (CBL). Speaking over the weekend on Spoon Talk, Tweah denied his involvement in the execution or distribution of the US$25 million, insisting that responsibility rests…
Electricity consumers across Liberia will pay less for power beginning January 1, 2026, following the approval of a new three-year tariff regime by the Liberia Electricity Regulatory Commission (LERC). The Electricity Regulator cuts costs for social and residential users while setting a clearer path for sector growth and reliability. Announcing the decision in Monrovia, LERC…
ArcelorMittal has operated in Liberia for over two decades, managing the country’s most strategic rail asset, the Yekepa-Buchanan Railway. While this responsibility makes the company one of Liberia’s largest private sector employers and a significant contributor to in-country revenue, multiple shortcomings must be examined before its revised mineral development agreement (MDA) is finalized. For the…
Orange Liberia launched phase two of its Orange Mega Wave promotion over the weekend, offering customers, merchants, and agents the chance to win L$100,000 weekly, along with a grand prize of L$1,000,000 in December 2025. The launch event gathered entrepreneurs from the exchanges sector, as well as various stakeholders and representatives from the betting industry….
Africa’s Global Bank, United Bank for Africa (UBA) is set to make a bold statement on the global stage as it will be gathering world leaders, policymakers, investors and other private sector players at the forthcoming 2025 United Nations General Assembly (UNGA). This year’s gathering at the UNGA, which is the 80th Edition, will be…
The Central Bank of Liberia (CBL) reassures the public and all market participants that there is no shortage of Liberian dollars (LRD) in the financial system. A CBL release states that commercial banks maintain sufficient Liberian dollar liquidity to meet customer demand, including government salaries, settlements, and private sector transactions. Recent concerns about “Liberian dollar…
The official book launch of “Echoes of War” by Foley D. K. Freeman- A Heart-Wrenching Journey of Resilience and Hope, will occur on Saturday, September 13, 2025, at 2:30 p.m., in the University of Liberia Auditorium on Capitol Hill. The book promises to deliver the raw story of survival, sacrifice, and steadfast dreams, a powerful…
Orange Liberia National Pitching of the Orange Social Venture Prize (OSVP) 2025 has concluded with Finndex Africa winning the first prize of US$3,000. Finndex Africa is a digital hub that connects homeowners with tenants and tenants seeking homes to sellers, bridging the gap and reducing fraud in the real estate sector. The occasion was graced…
Orange Money Liberia has informed its valued customers and the public that in line with a directive from the Central Bank of Liberia, a 2% cash out fee will be implemented on all Orange Money cash out transactions, effective Friday, August 1, 2025. This policy, which applies to all mobile money operators across Liberia, is…
