The Bank of Sierra Leone has announced that the grace period for exchanging old Leones has ended, meaning the pre-redenomination notes and coins are no longer legal tender as of January 1, 2024. However,...
The Bank of Sierra Leone has added an extra day to the normal banking days amidst the holiday rush. This announcement was made in a public notice pursuant to section 53(1) of the Banking Act of 2019 and...
The Bank of Sierra Leone has officially declared the end of the transition period for the redenomination of the Leone, as stated in a public notice released recently. This announcement marks a significant...
The Bank of Sierra Leone has announced a hike in the Monetary Policy Rate (MPR) by 1.0 percentage point, increasing it to 22.25 percent. This announcement was made in the recently published statement...
The Bank of Sierra Leone has on the 15th of December 2023 released the official foreign exchange rate in the country. The rates include the cost of buying and selling major foreign currencies including...
Meet our personality of the week, Dr. Abubakarr KSK Daoh (PhD, MBA, ACCA, MCSI, CMA, CGBA). Dr. Abubakarr KSK Daoh is a young leader from Sierra Leone who participated in the 2021 Mandela Washington Fellowship...
In response to the recently imposed nationwide curfew from 9:00 PM to 6:00 AM, the Bank of Sierra Leone issued a public notice on November 27, 2023, announcing a circular adjustment to banking hours. The...
The Bank of Sierra Leone released a public notice addressing a concerning situation involving an online entity named "PASSIVE GREEN WELL" (PGW). The notice revealed that PGW has been enticing individuals...
In a public notice dated November 24, 2023, the Bank of Sierra Leone officially declared the conclusion of the transition period for the coexistence of old and new currency in the country. This decision...
Sierra Leone's Minister of Finance Ahmed Fantamadi Bangura has revealed that the Bank of Sierra Leone (BSL) is committed to taking decisive actions to bring inflation down and stabilize the exchange rate. In...
