Customers of Sapelle International Bank-Liberia (SIB Bank) have praised the institution for its consistent and convenient delivery of financial services to individuals and organizations across Liberia. Headquartered in Monrovia, SIB Bank has expanded its footprint with eleven additional branches in key locations including Sinkor, Redlight, and Bushrod Island.
Liberia’s Financial Intelligence Agency (FIA) has fined digital payments giant Lonestar Cell MTN Mobile Money Inc (LCMMMI) LRD 25 million (USD 125,000) for failing to comply with the country’s anti-money laundering and countering the financing of terrorism (AML/CFT) rules and controls. The financial penalty was announced on 28 April.
District Superintendent Yarwin Mehnsonneh District, Paul Jackson has heap praises on ArcelorMittal for the level of developments being carried out in the district.
“For the first time since 1964, we are witnessing what good leadership and real corporate partnership can achieve,” Jackson said. “Under previous leaderships, we had hopes. But today, those hopes are materializing into tangible developments.”
The World Bank announced the Central Bank of Liberia (CBL) as the newest Reserve Advisory & Management Partnership (RAMP) program member. CBL joins RAMP through a World Bank Group multi-donor trust fund to advance public asset management in lower-income, fragile, or conflict-affected states. Representatives from the Central Bank of Liberia and the World Bank signed a technical assistance agreement in Washington, DC, to formalize the partnership.
ENERGICITY Liberia, a solar mini-grid operating in Gbarpolu County has officially submitted a new tariff proposal to its customers and the Liberia Electricity Regulatory Commission (LERC). ENERGICITY Liberia made the submission during three sperate public hearings convened by the Commission from April 23-24, 2025, to discuss the proposed changes.
In a meaningful stride toward repositioning Liberia on the West African energy map, the National Oil Company of Liberia (NOCAL) has wrapped up a high-profile three-day strategic retreat in Buchanan, Grand Bassa County.
Liberia’s Ministry of Finance and Development Planning is reporting a drastic reduction World Bank’s energy aid, nearly three months after the presidency announced a billion-dollar agreement with the Washington based lender.
Liberia’s Ministry of Mines and Energy has imposed an $80,000 fine and a temporary shutdown on Chinese firm Yi Cheng Mining for breaches of the mining law, including environmental damage and tax evasion.
As a show of commitment to community development and sustainable livelihoods, ArcelorMittal Liberia (AML) has delivered a vital boost to local farmers in Liagbala Town, Yarmein District, through the donation of essential agricultural production tools.
