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Liberia Reduces Diesel Fuel Price, Keeps Gasoline Unchanged

The Ministry of Commerce & Industry (MoCI), in consultation with the management of the Liberia Petroleum Refining Company (LPRC), has announced a decrease in the price of Fuel Oil (AGO) by ten United States cents (US$0.10) per gallon.

Liberia’s New Central Bank Governor Aims Transparency at Regulator Facing Financial Irregularities Claims

Liberia’s Acting Central Bank Governor vows to improve monetary policy and transparency at the West African nation’s regulator after audit alleging financial irregularities triggered a leadership change early this Month.

Liberia: Maritime Revises Requirements For Flag Ships

According to the Authority, information about the online portal of the Authorized Testing ASP has been updated to include, among other features, access to Long Range Tracking and Identification (LRIT) testing for distributors. Additionally, the Marine Advisory notes the following: 

Liberian President Names Henry Saamoi Acting Central Bank Governor

President Boakai reactivates Economic Management Team to tackle economic uncertainties, coordinate fiscal and monetary policy, accelerate economic reforms, strengthen regulations and build resilient economy

Liberian President Joseph Boakai Suspends Central Bank Governor Amid Audit Probe

The Governor will remain suspended pending results of an investigation of the audit findings, Information Minister Jerolinmek Piah told reporters in the capital Monrovia Tuesday.

LERC Hosts Uganda Electricity Regulatory Authority

A six-man delegation from the Uganda Electricity Regulatory Authority (ERA) led by its Chief Executive Officer (CEO) Engineer Ziria Waak Ziria Tibalwa Waako is in the country as guest of the Liberia Electricity Regulatory Commission (LERC).

Liberia: Boakai Connects With World’s Richest Man to Revolutionize Internet Access

In a virtual meeting, Liberian President Joseph Nyuma Boakai treated with world wealthiest man Elon Musk, about the potential launch of Starlink in Liberia. The dialogue underscores a pivotal moment for the country’s technological advancement.

Liberia: Bea Mountain Supports Host Communities Ahead of Independence Day

In a gesture of goodwill, the Bea Mountain Mining Corporation (BMMC) has distributed a substantial quantity of rice and sanitation materials to its host communities, including Kinjor, ahead of Liberia's 177th Independence Day celebration.

Liberia’s Financial Landscape Set for Transformation

The Central Bank of Liberia (CBL), in collaboration with the International Finance Corporation (IFC), convened the first National Payments Council (NPC) meeting in Monrovia on July 18, 2024. This inaugural session brought together a broad spectrum of stakeholders from the public and private sectors involved in payment systems.

Communities Fear Western Cluster’s Road Permit Suspension Could Scare Away Investors

The chairperson of the affected communities in the operational areas of Western Cluster, Eric Sando Perry, has expressed concerns over the Liberian government's continuous suspension of the Western Cluster Road User Permit, stating that it has the potential to scare away investors.

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