NDI Wants NEC Stripped of Judicial Role

[Observer] The National Democratic Institute (NDI) says the role(s) ascribed to the National Elections Commission (NEC) by the elections law to adjudicate cases emanating from electoral disputes as conflict of interest and a breach of legal protocols–…

[Observer] The National Democratic Institute (NDI) says the role(s) ascribed to the National Elections Commission (NEC) by the elections law to adjudicate cases emanating from electoral disputes as conflict of interest and a breach of legal protocols--and has therefore called for the NEC to be stripped of its judicial duties.

source: AllAfrica News: Liberia

Pro Tempore Jallah Out, Sen. Chie Tipped to Replace Him

[Observer] The Senate, which is the Upper House of the Legislature, yesterday reached a consensus that forbids President Pro Tempore Armah Z. Jallah of Gbarpolu County from seeking reelection.

[Observer] The Senate, which is the Upper House of the Legislature, yesterday reached a consensus that forbids President Pro Tempore Armah Z. Jallah of Gbarpolu County from seeking reelection.

source: AllAfrica News: Liberia

Liquidity Crisis – Global Prices, U.S.$444 Million Remittance or Bankruptcy?

[Observer] The demand for the US dollar has contributed to the decline of the value of the Liberian dollar since 2006. It declined from L$62 to US$1 in 2006, to L$108 to US$1 in 2016; and in 2018, it is L$126 for US$1. The exchange rate decline is now …

[Observer] The demand for the US dollar has contributed to the decline of the value of the Liberian dollar since 2006. It declined from L$62 to US$1 in 2006, to L$108 to US$1 in 2016; and in 2018, it is L$126 for US$1. The exchange rate decline is now being exacerbated by the liquidity crisis. Nowadays, due to the shortage of cash, commercial banks are reluctant to cash government checks or provide credit lines to government contractors, according to the President of the Liberian Banking Association when he served as

source: AllAfrica News: Liberia

Weah Warned Against Cdcians Collecting Money and Promising Jobs

[Observer] A social media blogger and political commentator, Mike Khailelu Jabateh, in a video post on Facebook has warned President-elect George Manneh Weah about what he described as a disturbing trend among some unnamed individuals connected to the …

[Observer] A social media blogger and political commentator, Mike Khailelu Jabateh, in a video post on Facebook has warned President-elect George Manneh Weah about what he described as a disturbing trend among some unnamed individuals connected to the Congress for Democratic Change (CDC) who are going around collecting money from some current officials and promising that they would convince Weah to let them maintain their jobs.

source: AllAfrica News: Liberia

CBN Anchor Borrowers Program – 225,000 Farmers to Benefit From Nirsal’s New Field Structure

[Premium Times] As part of its focus on taking business-driven agriculture to the grassroots, the Nigeria Incentive-Based Risk Sharing System for Agriculture, NIRSA, is deploying an innovative nation-wide field structure to support 225,000 farmers unde…

[Premium Times] As part of its focus on taking business-driven agriculture to the grassroots, the Nigeria Incentive-Based Risk Sharing System for Agriculture, NIRSA, is deploying an innovative nation-wide field structure to support 225,000 farmers under the CBN Anchor Borrowers Scheme.

source: AllAfrica News: Nigeria

Central Bank of Kenya Gives Lenders Time to Adopt New Accounting Rule

[East African] Kenyan banks have been spared the aftershocks of new provisions for bad debts that come into effect with the New Year, ensuring riskier small borrowers and households can continue accessing credit.

[East African] Kenyan banks have been spared the aftershocks of new provisions for bad debts that come into effect with the New Year, ensuring riskier small borrowers and households can continue accessing credit.

source: AllAfrica News: Kenya