Our source has exclusively obtained a correspondence from the Central Bank of Libya, in which it addressed Jumhouria Bank regarding the refund of commissions collected—one dinar per purchase—using local cards at points of sale (POS), amounting to a total of 18.2 million dinars. The Central Bank requested a detailed report confirming that the bank has […]
Our source has exclusively obtained a circular from the Central Bank of Libya, in which it announced the extension of official working hours at bank branches on the occasion of the upcoming Eid al-Adha, until 5:00 PM, starting from May 25, 2025, until June 15. According to the Central Bank, Friday, May 30, and Saturday, […]
Our source has exclusively obtained a circular from the Central Bank of Libya in which it instructed banks to reduce the commission rate on Point of Sale (P.O.S) transactions. The commission shall be set at a maximum of 0.5%, to be deducted from the merchant, starting from May 25, 2025, until June 15, and will […]
The Central Bank of Libya exclusively revealed to our source that the Banking Operations Department at the Central Bank has completed the transfer of children’s allowances as well as the May salaries to the banks within just one day. This comes based on direct instructions from the Governor.
The American Bloomberg agency reported today, Wednesday, that Libya has accumulated debts amounting to about one billion dollars to its fuel suppliers after the country ended its oil swap program about three months ago, according to people familiar with the matter. Bloomberg continued, saying that the dues owed to the National Oil Corporation are likely […]
The Head of the Accounting Department at the Libyan Academy for Graduate Studies, Abubakr Abu al-Qasim, said in a statement to our source: “We thank the Central Bank of Libya, the Audit Bureau, and the Attorney General regarding the announcement of ending the crude oil-for-fuel barter process, explaining that this ends the country’s largest systematic […]
Our responsible source at the Central Bank of Libya confirmed exclusively that the barter system has been completely phased out as of this May. Following a series of meetings involving key parties — the Central Bank of Libya, the National Oil Corporation (NOC), the Ministry of Finance, the Audit Bureau, and the Attorney General — […]
Our source obtained the ruling of the Primary Court in Tunis condemning the accused “Malek Al-Hemali Ba’iw,” General Manager of the Al-Inmaa Oil and Gas Company, for the charges attributed to him in the crime of aggravated betrayal to 4 years and the same period for the crime of money laundering by exploiting the facilities […]
Our source has exclusively obtained the decision issued by the President of the Libyan Audit Bureau, Khaled Shakshak, to place all bank accounts of the General National Maritime Transport Company under concurrent (accompanying) oversight. The committee formed by his Decision No. (257) of 2025 is assigned to carry out the oversight of the company’s accounts, […]
Our source has exclusively obtained an official document showing that Gulf Oil Company has addressed the National Oil Corporation requesting to allocate 600,000 barrels as Arkenu Company’s lifting share from the Al-Taharah Field, whose total production stands at 1.2 million barrels, and to schedule the lifting share accordingly. According to the correspondence published exclusively by […]
The head of the Accounting Department at the Libyan Academy for Postgraduate Studies, Abubakr Abu Al-Qasim wrote an article entitled: “When You Are Kicked Out the Door, Don’t Try to Climb in Through the Window — That Fall Will Be Deafening!!” “This morning, we came across a fabricated report claiming that the Central Bank re-evaluated […]
The official website of the Central Bank of Libya (CBL) published today that the Governor conducted an inspection visit to assess the damage sustained by some of the Bank’s offices and vehicles on Sunday, May 18, 2025, as part of ongoing monitoring of the Central Bank of Libya’s status. The Governor met with several department […]
A reliable source at the Central Bank of Libya exclusively denied to our source the authenticity of the report attributed to an anonymous entity claiming to be the “Crisis Group.” According to the source, in alignment with accounting policies and international standards for presenting the Central Bank of Libya’s assets at their fair value — […]
Following recent events in the country, Wahda Bank announced it will enter into partial civil disobedience starting Saturday, May 17, 2025. The decision includes the full closure of all branches located in areas classified as unsafe and the suspension of all in-person banking services in these affected areas until further notice. The bank will continue […]
The International Crisis Group confirmed exclusively to our source that the circulated statement regarding the reassessment of gold reserves at the Central Bank of Libya, allegedly at the request of the Government of National Unity, is fabricated and completely false. The International Crisis Group also denied issuing any report on the matter.
