Amid an economic downturn, Libya's Central Bank is betting on a major boost in oil production to strengthen foreign currency ...

Libya's Tripoli-based government's recent clumsy attempt to replace the central bank governor should be a blaring alarm in the central Mediterranean. It quickly led to a shutdown of Libyan oil ...

The country has settled into a tense east-west divide, but turmoil around the central bank, which handles Libya’s oil riches, has worsened a fraying, fragile political setup.

The Central Bank of Libya, which controls billions of dollars in oil revenue, is at the centre of the latest political crisis to hit a country riven with conflict since the 2011 NATO-backed ...

DUBAI (Reuters) - Libya's Tripoli-based central bank said on Sunday it would shut down all operations and not resume work until a senior bank official kidnapped earlier in the day was released.

Aug. 19 (UPI) --The Central Bank of Libya has suspended all operations and said they will not resume until its senior employee abducted on Sunday is returned. Musab Msallem, director of the bank's ...

CAIRO (AP) — One of Libya's dueling authorities unilaterally fired the country's powerful central bank governor in an abrupt move that is likely to inflame tensions in the divided North African ...

The governor and board of Libya’s central bank on Tuesday refused an order by ruling authorities to step down, setting the stage for a showdown that could deepen the OPEC nation’s political ...

The standoff over control of the Central Bank of Libya, which is key to distributing the country’s vast oil wealth, had led officials on one side to block oil exports for weeks and prompted the ...

Libyan Central Bank Governor Sadiq al-Kabir talks during an interview with Reuters in London, Britain July 24 2019. Picture taken July 24, 2019. REUTERS/ Aidan Lewis/File Photo ...

DUBAI, Aug 18 (Reuters) - Libya's Tripoli-based central bank said on Sunday it would shut down all operations and not resume work until a senior bank official kidnapped earlier in the day was ...