The Executive Governor of the Central Bank of Liberia(CBL), Henry F. Saamoi, has said the joint launching program of Financial Education Program And Roll Out Of The Pan-African Payment And Settlement and System marked a significant milestone in ‘‘our commitment to fostering a financially inclusive and technologically advanced economy.’’ Making remarks at the well-attended program…
The Liberia Revenue Authority (LRA) has reaffirmed its leadership in customs modernization and best practices by hosting a high-level benchmarking visit from the National Revenue Authority (NRA) of Sierra Leone. The study visit allowed the Sierra Leonean delegation to gain insights into LRA’s advanced customs administration, operational strategies, and enforcement mechanisms. According to a release,…
One of Liberia’s biggest GSM networks, Orange Liberia, on March 24, 2025, launched its One Million Mega Wave Campaign for their 30-day Active Orange Mobile Money Subscribers. The program earmarked Orange Liberia’s remarkable journey, achieving such a glorious milestone under its new leadership that took office about a year ago. The Chief Executive Officer (CEO)…
Minister of Internal Affairs Francis Nyumalin has called on delegates at the 21st General Session of the African-Asian Rural Development Organization (AARDO) to support Liberia’s development agenda with the necessary trained manpower. Addressing the gathering taking place in India, New Dehli, on Friday, February 21, 2025, the Internal Affairs Minister said this support would help…
The Plenary of the Liberian Senate has mandated its Committees on Concession and Investment, Land and Mines, as well as Judiciary to investigate claims that Liberian-owned businesses are being disenfranchised by concession companies in the country. Plenary’s decision was triggered by a communication submitted to it on Tuesday, February 18, 2025, by Bomi County Senator…
The Chief Executive Officer (CEO) of the African Union Trading Company (AUTC), Mr. Eric Oppong Twum, has strongly defended the decision of US President Donald Trump to suspend all programs of the United States Agency for International Development (USAID) globally for 90 days. Providing his perspectives on President Trump’s Executive Order, Mr. Twum said he…
Counsellor Albert Sims, one of the lawyers representing Club Beer Factory in the Action of Summary Proceedings to Recover Possession of Real Property, has found himself in trouble with the Civil Law Court. The case against Club Beer Factory was filed by the Intestate Estate of the late Jeda Tor, who accused the Factory of…
The Government of President Joseph N. Boakai has given suspended Central Bank of Liberia (CBL) Governor Aloysius Tarlue US$374,239 as settlement of claims of unlawful suspension by the government. It can be recalled that the General Auditing Commission (GAC) audit report revealed financial irregularities at the CBL amounting to nearly $300 million, highlighting unauthorized expenditures…
The Financial Intelligent Agency has given Ecobank Liberia Limited 72 hours to provide requested banking transaction information to the agency. The action of FIA came as a result of the bank alleged refusal to submit said documents after many communications to them requesting such documents, which the ultimatum began from January 27, 2025. The FIA…
The Minister of Finance and Development Planning Augustine Kpehe Ngafuan has departed the country to attend the World Bank Group and the African Development Bank Group Africa Energy Summit in Dar es Salaam, Tanzania. The summit runs from January 27-28. According to a Ministry of Finance release dated January 26, 2025, Minister Ngafuan will be…
