Sierra Leone’s central bank became the first in Africa and second globally after Israel to raise interest rates this year, according to Bloomberg. Bloomberg noted that the rate is hiked by 125 basis...
The Bank of Sierra Leone has confirmed in a letter addressed to various financial institutions on the use of National Identity Number as a unique identifier for credit reference. The letter which was...
An investigation by Africanist Press has uncovered that Sierra Leonean officials paid at least US$5 million to cyber intelligence groups, including the Israeli-based Cognyte Technologies Limited for cyber...
Bank of Sierra Leone raised its benchmark interest rate by 100 basis points to 17% to curb price pressures in the West African economy and provide cushion for the local currency. “Inflationary pressures...
As the Leone to Dollar exchange continue to hit rocket high The Bank of Sierra Leone has in a release informed the general public that it will embark on the next Wholesale Foreign Exchange Auction which...
The Bank of Sierra Leone (BSL) has announced that the next Wholesale Foreign Exchange Auction will take place on Wednesday 28th September, 2022, in which Commercial Banks will bid through the competitive...
The Bank of Sierra Leone (BSL) has announced that the 121th BSL Wholesale Foreign Exchange Auction will take place on Wednesday 21 September 2022 in which Commercial Banks will bid through the competitive...
The Bank of Sierra has announced that they have removed over-the-counter limits for cash withdrawals per bank account from all commercial banks and other licensed deposit-taking institutions with immediate...
The Bank of Sierra Leone has announced that transition period of the redenomination of the Leone has been extended to 31st March, 2023. The Bank made this announcement in a public notice issued today,...
After the introduction of a new family of banknotes, stripping three zeros off the leone, The deadline for the exchange of all old notes is slated for 30th September 2022. The Bank of Sierra Leone announced...
