🇱🇷 Liberia News

Liberian Leader Demands Two Permanent African Seats On Security Council, Fairer Global Finance System

UNITED NATIONS, New York – President Joseph Nyuma Boakai on Thursday night told world leaders that trust in the United Nations has been broken by the uneven application of its founding principles, and called for sweeping reforms of the Security Council and the global financial system to restore it. By Rodney D Sieh, rodney,sieh@frontpageafricaonline.com Addressing […]

frontpageafricaonline.com · economy en

Liberia: NOCAL, Finance Ministry Reportedly Rush to Settle After Court Threatens Closure

MONROVIA – Less than 24 hours after a court ordered the National Oil Company of Liberia (NOCAL) and the Ministry of Finance and Development Planning closed and sealed, the two institutions changed course. On Thursday, NOCAL executives, including Vice President for Finance and Chief Financial Officer Emmanuel T. Azango, appeared before the Commercial Court alongside Finance […]

frontpageafricaonline.com · economy en

Liberia: Cummings Cautions Against Budget Spending That Fails to Benefit Ordinary Citizens

ANC Political Leader Welcomes US$1 Billion Revenue Milestone, Calls for Greater Accountability and Improved Public Welfare MONROVIA – The Political Leader of the Alternative National Congress (ANC), Alexander B. Cummings, has welcomed Liberia’s achievement of surpassing US$1 billion in domestic revenue collection but cautioned that the milestone would mean little if the government’s spending priorities […]

frontpageafricaonline.com · economy en

Liberia, U.S. Hold High-Level Maritime Security Talks Amid Push for Economic Cooperation

NEW YORK — The Republic of Liberia and the United States of America on Sunday, held a high-level closed-door maritime roundtable in New York, convening senior foreign policy, national security, and maritime officials from both governments for strategic discussions on maritime security, economic cooperation, and the growing importance of secure sea lanes to global trade […]

frontpageafricaonline.com · economy en

Liberia: NOCAL Finance Chief Azango Held In Contempt, Entity Faces Shutdown, as Government Struggles With Decade-Old US$764,762 Liability

Monrovia — National Oil Company of Liberia Vice President Finance and Chief Financial Officer of NOCAL Emmanuel Azango on Wednesday, September 23, found himself at the center of a growing financial and judicial crisis after the Commercial Court held him in contempt and kept him on the court’s bench for more than two hours, as […]

frontpageafricaonline.com · economy en

Liberia: LACRA, Oil Palm Firms Move to Resolve Regulatory Disputes Through Joint Committee

MONROVIA — The Liberia Agriculture Commodity Regulatory Authority (LACRA) and major oil palm concessionaires have agreed to establish a joint technical mechanism aimed at resolving regulatory concerns and improving cooperation within one of Liberia’s key agricultural sectors. By Selma Lomax, selma.lomax@frontpageafricaonline.com The decision followed a high-level one-day dialogue on Wednesday, September 23, 2026, bringing together LACRA […]

frontpageafricaonline.com · economy en

Liberia: Commercial Court Orders NOCAL, Finance Ministry Sealed Over US$764,762 Debt; Finance Chief Held in Contempt

Monrovia – The Commercial Court for Montserrado County on Wednesday, September 23, ordered the closure and sealing of the National Oil Company of Liberia (NOCAL) and the Ministry of Finance and Development Planning over a decade-old severance dispute that has reportedly grown to US$764,762. By Willie N. Tokpah The court’s action also placed NOCAL Vice […]

frontpageafricaonline.com · economy en

Liberia: Government, LSEZA Discuss Investment and Job Creation Agenda

Monrovia – The government is seeking closer collaboration with the Liberia Special Economic Zones Authority (LSEZA) as it continues efforts to attract investment, promote industrial development, and create jobs through special economic zones. The focus emerged during a meeting between Minister of State for Presidential Affairs Samuel Stevquoah and the leadership of LSEZA, followed by […]

frontpageafricaonline.com · economy en

Liberia: Freeman Challenges Liberia’s US$1 Billion Revenue Story, Says US$400M Is Being “Squeezed” From Economy

MONROVIA — Liberia’s historic crossing of the US$1 billion domestic revenue mark is being celebrated by the government as a major fiscal achievement. By Edwin G. Genoway, Jr Liberia’s economist and politician Simeon Freeman has raised fresh questions over Liberia’s revenue system, claiming that approximately US$400 million is being squeezed out of the local economy […]

frontpageafricaonline.com · economy en

Liberia’s Forgotten Cradle: Rep. Benson Demands Budget Justice for St. Paul River’s Historic Towns

MONROVIA – Along the winding banks of the St. Paul River, a cluster of settlements older than the Liberian republic’s modern institutions sits in quiet disrepair. Potholed roads swallow vehicles whole. Clinics operate without adequate staff or supplies. By Obediah Johnson Schoolchildren study in buildings that have not seen a fresh coat of paint, let […]

frontpageafricaonline.com · economy en

Liberia: Prime Credit Sues Central Bank, Demands Nearly US$1.2M Over Credit Bureau Dispute

Monrovia — Prime Credit Reference Bureau, Inc., a Liberian-owned company headed by Managing Director and CEO Eugene Bedell, has filed a damages action against the Central Bank of Liberia (CBL) and its Governor, Henry F. Saamoi, accusing the Bank of issuing it a license to operate a private credit reference bureau before allegedly withholding the data […]

frontpageafricaonline.com · economy en

Liberia: CBL’s New Financial Inclusion Plan Hinges on ID, Business Registry Reforms

MONROVIA – A new Central Bank of Liberia strategy meant to give Liberians access to credit, savings and insurance, not just mobile money, will depend on reforms to the national identification system, business registration and credit reporting, participants in a review of the draft have said. Some of those reforms will require legislative approval, judicial reforms, […]

frontpageafricaonline.com · economy en

Liberia: VP Koung says Liberia must move from NPL conference promises to reforms that unlock lending, investment and jobs

MONROVIA — The Liberian government is moving to confront the country’s non-performing loans (NPLs) problem with the establishment of a National Non-Performing Loans Task Force, in a bid to unlock credit, strengthen banking stability and expand financing for businesses and entrepreneurs. Vice President Jeremiah Kpan Koung Sr. announced the task force at the close of […]

frontpageafricaonline.com · economy en

Liberia: Business Executive Stephen Yekeson Takes Over Liberia’s Commerce Ministry

MONROVIA, Liberia — Liberia’s Commerce Ministry gets a new face today as businessman and former Deputy Public Works Minister Stephen Marka Yekeson Jr. assumes the acting ministerial post, bringing with him a career that has moved between government, corporate leadership and entrepreneurship. With Liberia seeking to expand local enterprise, strengthen trade and create more value from […]

frontpageafricaonline.com · economy en

Liberian SMEs Urged to Seize Regional Markets as Accelerate 360 Dialogue Ends

Monrovia, Liberia — Liberian small and medium-sized enterprises (SMEs) have been urged to take advantage of regional and international trade opportunities while improving the quality, management and marketability of locally produced goods. By Patience M. Jones,patiencejones@frontpageafricaonline.com The call was made during the conclusion of a three-day dialogue under the Accelerate 360 Liberia Program, which brought together […]

frontpageafricaonline.com · economy en

Liberia: TDA Expands Youth Investment as 45 Students Enter Sixth Internship Cycle

SALALA, Bong County — Forty-five graduating high school students have entered a new phase of practical learning and career preparation as the Thompson Development Alliance (TDA) launches the sixth edition of its Student Internship Program. By Selma Lomax, selma.lomax@frontpageafricaonline.com The latest group of beneficiaries brings the number of young people reached by the initiative since […]

frontpageafricaonline.com · economy en

Liberia: CBL, Commerce Ministry Push SMEs to Turn Market Opportunities into Growth as Liberia Expands Access to Finance

Paynesville — Access to finance, business readiness and stronger partnerships between entrepreneurs and financial institutions dominated discussions on the second day of a national dialogue aimed at strengthening Liberia’s small and medium-sized enterprises (SMEs). Patience M. Jones, patiencejones@frontpageafricaonline.com The dialogue brought together government officials, the Central Bank of Liberia (CBL), financial institutions, development partners and […]

frontpageafricaonline.com · economy en

Taxation by Default: A former Assistant Commissioner for Tax Policy examines how currency depreciation quietly increased the tax burden on US-dollar earners—and how the safeguard in the law was never implemented

How a falling currency raised personal income taxes without an act of the Legislature If you earn United States dollars in Liberia, your income tax has gone up since 2011. You were not told. The Legislature never voted to raise it. By Nyane C-Jay Wratto, contributing writer In 2011, a worker earning US$700 a month […]

frontpageafricaonline.com · economy en

Liberia: SpoonTV CEO Cuts a Deal, Trades Prison for Testimony

Monrovia — SpoonTV CEO Stanton Witherspoon has secured his release after prosecutors credited him with providing substantial assistance in the investigation and prosecution of a multimillion-dollar scheme involving the sale of fraudulent nursing diplomas and transcripts. By Gerald C. Koinyeneh, gerald.koinyeneh@frontpageafricaonline.com Witherspoon, who pleaded guilty to conspiracy to commit wire fraud, was originally sentenced in […]

frontpageafricaonline.com · economy en

Liberia: Koimene Meets Pres. Boakai, Says Diaspora Investment Must Go Beyond Sending Money Home

MONROVIA — Liberian entrepreneur and jeweler Samuel Koimene says his recent meeting with President Joseph Nyuma Boakai has reinforced his conviction that Liberians living abroad must become more actively involved in the country’s development through investment, knowledge transfer, and partnerships with local stakeholders. By Francis G. Boayue Koimene’s meeting with President Boakai in Monrovia followed […]

frontpageafricaonline.com · economy en

World Bank Hails Gov’t for Microeconomic and Fiscal Stability, But Challenges Remain

Monrovia, September 7, 2026 – A latest report on the review of Liberia’s Public Finance for 2026 has shown progress made in strengthening macroeconomic and fiscal stability, according to the World Bank. By Emmanuel Weedee-Conway The report was released Monday, September 7, 2026 under the theme: “From Stabilization to Fiscal Transformation.” Speaking at the […]

frontpageafricaonline.com · economy en

Youth Entrepreneurship Investment Bank Management Company, Ministry of Commerce & Industry Launch YEIB-MANCO’s TECHNICAL ASSISTANCE PROGRAM

Monrovia – The Government of Liberia, through the Ministry of Commerce and Industry (MoCI, officially launched the Youth Entrepreneurship Investment Bank Management Company (YEIB–MANCO) Technical Assistance Program in Monrovia. By Sikidi Trawally and Charles G. Lamadine, contributing writers Minister Hon. Magdalene Ellen Dagoseh presided over the ceremony, joined by Dr. James Francis Davis, Senior International […]

frontpageafricaonline.com · economy en

Central Bank Convenes National Conference to Tackle Non-Performing Loans

MONROVIA– The Central Bank of Liberia (CBL) is set to bring together key players from government, the banking industry, the private sector and international institutions this week in an effort to address one of the country’s most persistent financial-sector challenges: non-performing loans (NPLs). By Jaheim T. Tumu-jaheim.tumu@frontpageafricaonline.com The three-day National Non-Performing Loan Resolution Conference, scheduled […]

frontpageafricaonline.com · economy en

Liberia: LMA Recalls Maryland County Market Superintendent after Protests, Clears Him of Financial Allegations

PLEEBO, Maryland County — The Liberia Marketing Association (LMA) has recalled its Maryland County General County Superintendent, Abraham Wilson, from office following persistent complaints from marketers, while clearing him of allegations that he misapplied or misappropriated millions of Liberian dollars. By Peter P. Toe, Jr., Peterp.toe@frontpageafricaonline.com The decision was contained in a September 1 ruling […]

frontpageafricaonline.com · economy en

Guus Kouwenhoven, Dutch Businessman Whose Fortunes Rose and Fell With Charles Taylor’s Liberia, Dies at 84

Monrovia – Guus Kouwenhoven, the Dutch entrepreneur whose timber empire made him one of Liberia’s most powerful foreign businessmen — and whose alleged arms-trafficking ties to former President Charles Taylor made him one of its most notorious — died Sunday evening, September 6, surrounded by family, according to a statement released by his relatives. He […]

frontpageafricaonline.com · economy en

Liberia: LINAM Graduates Over 75 Students, Calls for Greater Investment in Music Education

MONROVIA — The Liberian National Academy of Music (LINAM) has graduated more than 75 students who completed its Musical Vacation School, marking what officials described as a significant milestone in the development of music education in Liberia. By J.H. Webster Clayeh — websterclayeh@frontpageafricaonline.com The students were awarded certificates during the closing ceremony held Friday, September 4, 2026, […]

frontpageafricaonline.com · economy en

Liberia Agricultural Company Expands School Transport with New Buses

Compound Three, Grand Bassa County – The Liberia Agricultural Company (LAC) has commissioned two new school buses and a heavy-duty TATA truck as part of efforts to improve education and operational services across its plantation. The vehicles were commissioned over the weekend by LAC General Manager Naveen Madan on behalf of the company’s board, shareholders […]

frontpageafricaonline.com · economy en

Liberia: Police Demolish Rehab Market After CDC Supporters Boo President Boakai

Monrovia – The administration of President Joseph Nyuma Boakai is facing growing criticism over the demolition of market stalls at Rehab Junction in Paynesville, just a day after supporters of the opposition Coalition for Democratic Change (CDC) gathered there and booed the President’s motorcade. By Jaheim T. Tumu-jaheim.tumu@frontpageafricaonline.com The demolition on Thursday has fueled allegations […]

frontpageafricaonline.com · economy en

⁠’Growth Has to Put Bread On the Table’: Dan Saryee Gives ‘Honest’ View On Liberia’s Economy

MONROVIA – A prominent Liberian democracy advocate , policy advisor and former government official, Dan Torkamawon Saryee, has given what he described as his honest view on Liberia’s economy.Saryee said the Liberian economy is growing, saying that is headline and that is true.But Saryee pointed out that he has sat with enough farmers, traders and […]

frontpageafricaonline.com · economy en

Wazamba’s Affiliate Program: Earning Money as a Partner

Ваземба онлайн казино нь түншүүдэд мөнгө олох боломжийг санал болгодог. Энэхүү тоймд казиногийн тоглоомын сонголт, урамшуулал, түншлэлийн хөтөлбөрийн давуу талуудыг дэлгэрэнгүй авч үзсэн. Хүсэлтэй хүмүүс түнш болж орлого олох боломжтой.

frontpageafricaonline.com · economy en