HoR Speaker Salah decree reduces FX sales surcharge from 20 to 15 percent
Nov 20 Sami Zaptia

HoR Speaker Salah decree reduces FX sales surcharge from 20 to 15 percent

Ageela Saleh, Speaker of Libya’s eastern based parliament, the House of Representatives (HoR), passed a decree today (86/204) reducing the surcharge/l...

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CBL holds first complete board meeting after ousting of former Governor El-Kaber
Nov 10 Sami Zaptia

CBL holds first complete board meeting after ousting of former Governor El-Kaber

‎The Central Bank of Libya (CBL) announced that it had held its first board meeting today of the newly appointed board which included all the new six...

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HoR names CBL Board members – CBL Governor welcomes the announcement
Oct 21 Sami Zaptia

HoR names CBL Board members – CBL Governor welcomes the announcement

Libya’s parliament, the House of Representatives (HoR), today named the six members of the Board of the Central Bank of Libya (CBL).The six members ar...

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CBL invites applicants who had previously obtained initial approval to establish FX bureaux to resubmit applications
Oct 18 Sami Zaptia

CBL invites applicants who had previously obtained initial approval to establish FX bureaux to resubmit applications

The Central Bank of Libya (CBL) invited yesterday applicants who had previously obtained initial approval to establish foreign exchange bureaux to res...

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Libya’s oil production ramping up to 1.217 million bpd – approaching pre CBL crisis rates
Oct 10 Sami Zaptia

Libya’s oil production ramping up to 1.217 million bpd – approaching pre CBL crisis rates

‎Libya’s state National Oil Corporation (NOC) announced yesterday that it ‘‘is rapidly approaching its previous rates (of oil and gas production), rea...

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HoR votes unanimously to approve Naji Issa as new CBL Governor
Oct 2 Sami Zaptia

HoR votes unanimously to approve Naji Issa as new CBL Governor

The House of Representatives (HoR) voted yesterday unanimously to appoint Naji Issa as the new Governor of the Central Bank of Libya (CBL) and Marei A...

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Applications for opening documentary credits will start today: CBL
Sep 5 Sami Zaptia

Applications for opening documentary credits will start today: CBL

The new controversial Central Bank of Libya (CBL) administration announced yesterday that, as of tomorrow, it will begin implementing requests for ope...

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U.S. calls for steps to maintain the credibility of the CBL
Aug 31 Sami Zaptia

U.S. calls for steps to maintain the credibility of the CBL

The U.S. State Department called today for steps to maintain the credibility of the Central Bank of Libya (CBL) after the former Governor, Saddek El-K...

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Libya loses US$ 120 million, and counting, because of recent oil closures: NOC
Aug 30 Sami Zaptia

Libya loses US$ 120 million, and counting, because of recent oil closures: NOC

Libya’s state National Oil Corporation (NOC) released yesterday breakdown figures of company-by company oil production reductions totalling US$ 120.3...

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Newly installed CBL administration claims it has gained control of all its banking systems
Aug 29 Sami Zaptia

Newly installed CBL administration claims it has gained control of all its banking systems

The newly installed Central Bank of Libya (CBL) administration has claimed today that it has regained control of all banking systems, including the ma...

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