The Governor of the Central Bank of Libya, Seddiq Al-Kabeer, during his address to the Prime Minister of the Government of National Unity, Abdul Hamid Dbeibeh, called on everyone to work together and adopt the necessary economic and financial policies to emerge from the suffocating crisis. This includes halting par…

Our confidential source from the Central Bank of Libya revealed that the liquidity team at the Central Bank has begun sending the first liquidity shipments amounting to 17 million dinars to the city of Ghat in southern Libya, coming from the Central Bank in Tripoli to support the balances of branches of the Nationa…

The Supreme Court of Paris issued a final ruling rejecting all demands of the Emirati partner for compensation of approximately $1 billion from the National Oil Corporation. The court also ordered LERCO to pay National Oil Corporation around $140 million for past oil invoices that LERCO refused to settle. Former…

Our source from the Central Bank of Libya revealed on Sunday that the Central Bank Governor, Seddiq Al-Kabeer, is considering a decision to withdraw the 50 dinar banknote from circulation. The acceptance and deposit of this denomination will be subject to regulations and procedures related to combating money launde…