In the face of heighten liquidity crisis amidst the mystery surrounding the missing "LD16 billion" and the controversial USD25 million mopped up money, the United States Government through its ...
Growth has slowed drastically in Liberia on the combination of a weak currency, high inflation and low commodities prices. The economy would have grown as much as 7 percent in 2014, but the damage ...
Liberian President George Weah is facing protests over high food prices and runaway inflation. The economic downturn escalated last year when the government botched a plan to infuse $25minto the ...
On the request of Liberian prosecutors, the Criminal Court "C" in Monrovia has dropped all charges against Crane Currency, AB, the company that printed billions of Liberian dollars which brought down ...
Banks in Liberia are trying to manage the shortage of local Liberian dollars as the commerce ministry warned businesses that they must accept both Liberian and US dollars or face large fines.
MONROVIA, Liberia (AP) — Liberia's Central Bank executive governor says that despite earlier government reports that about $100 million in newly printed bills went missing, the money is accounted for.
The Central Bank of Liberia (CBL) has sounded a strong warning to Liberians against the careless handling of the nation's currency, saying the act is draining the economy and damaging national pride.
“The government is frustrating us day-by-day,” says Victoria Kamara, a customer of SIB Liberia bank on Broad Street in Monrovia, waiting for a fifth day in a row to try to withdraw money from her ...
Liberty’s partners include Nigerian independent producer Pillar Oil and Liberian entity New Millennium Oil & Gas, together committing a signature bonus of $10.5 million and a similar sum for the 2D ...