FX black-market has existed for years and decades, and eliminating it in a short period is impossible: CBL Governor Issa
May 20 Sami Zaptia

FX black-market has existed for years and decades, and eliminating it in a short period is impossible: CBL Governor Issa

Speaking during a press conference after his meeting with the Central Bank of Libya (CBL) Governor Naji Issa last Monday (18 May), Interior Minis...

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CBL renews call on Economy Ministry to prohibit imports without payment through official bank transfers starting from 15 June
May 19 Sami Zaptia

CBL renews call on Economy Ministry to prohibit imports without payment through official bank transfers starting from 15 June

The Governor of the Central Bank of Libya (CBL), Naji Issa, addressed the Minister of Economy and Trade, Suhail Abu Shiha, in a letter dated 18 M...

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CBL Governor & Interior Minister discuss action plan to curb FX black-market, reduce smuggling across borders and imports outside banking system
May 18 Sami Zaptia

CBL Governor & Interior Minister discuss action plan to curb FX black-market, reduce smuggling across borders and imports outside banking system

Naji Issa, Governor of the Central Bank of Libya (CBL), and Major General Emad Al-Trabulsi, Minister of Interior, discussed a joint action plan a...

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Numisma Bank pledges to supply record amounts of cash dollars to the Central Bank of Libya in its Second Phase of cash injection to the Libyan market
May 17 Sami Zaptia

Numisma Bank pledges to supply record amounts of cash dollars to the Central Bank of Libya in its Second Phase of cash injection to the Libyan market

The Central Bank of Libya (CBL) reported today that Numisma Bank pledged to supply record amounts of cash dollars to it in its Second Phase of ca...

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CBL renews call for closure of unofficial FX sales outlets – as dinar begins to slide again
May 12 Sami Zaptia

CBL renews call for closure of unofficial FX sales outlets – as dinar begins to slide again

In a letter leaked to Libyan media outlets yesterday, the Governor of the Central Bank of Libya (CBL), Naji Issa, addressed the Minister of the I...

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CBL source to Libya Herald: CBL moving towards ending cash collection of taxes and customs duties – moving solely to e-collections
May 10 Sami Zaptia

CBL source to Libya Herald: CBL moving towards ending cash collection of taxes and customs duties – moving solely to e-collections

A senior source within the Central Bank of Libya (CBL) revealed to Libya Herald yesterday that the decision to mandate commercial banks and the f...

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CBL Governor follows up on establishing closer banking relationship with China in meeting with its Libya Ambassador
Apr 28 Sami Zaptia

CBL Governor follows up on establishing closer banking relationship with China in meeting with its Libya Ambassador

Naji Issa, Governor of the Central Bank of Libya, held a meeting yesterday at his office with Ma Xuliang, Ambassador of China to Libya, in the pr...

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Numisma bank discusses with Central Bank of Libya continued foreign currency supply
Apr 20 Sami Zaptia

Numisma bank discusses with Central Bank of Libya continued foreign currency supply

Naji Issa, Governor of the Central Bank of Libya (CBL), and his accompanying delegation, met last Thursday (16 April) with Vivek Tyagi, Chairman and C...

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De La Rue meets Governor of Central Bank of Libya in DC to follow up on its currency printing plan
Apr 19 Sami Zaptia

De La Rue meets Governor of Central Bank of Libya in DC to follow up on its currency printing plan

On the sidelines of the Spring Meetings of the International Monetary Fund and the World Bank (13-18 April) held in Washington, D.C., Naji Issa, Gover...

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Spending on construction has not led to price hikes and a rising dollar rate – spending by Libya’s two governments has: Belgasem Hafter
Apr 8 Sami Zaptia

Spending on construction has not led to price hikes and a rising dollar rate – spending by Libya’s two governments has: Belgasem Hafter

Speaking last Monday (6 April) during an opening ceremony of a department at Benghazi Medical Centre, the Director General of the Libyan Development a...

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