A lack of competition in the industry is a "compelling reason" to grant ABS-CBN a new franchise, a lawmaker said Wednesday.

In a surprising and pleasant turn of events, the Philippines’ leading television networks, GMA Network and ABS-CBN, joined to celebrate another landmark occasion. For the first time, the PBB (Pinoy ...

Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso yesterday said that the apex bank will soon commence final settlements of the outstanding amount from the $7 billion foreign ...

Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, has vowed to tackle the commoditisation ( buying and selling) of Naira notes, which has become widespread in the country.

BVN numbers increase in Nigeria after directives from the Central Bank of Nigeria (CBN) and the National Pension Commission (PenCom). Photo credit: Sia Kambou/AFP Source: Getty Images This represented ...

The Central Bank of Nigeria (CBN) has introduced two new account types for Nigerians in the diaspora: the Non-Resident Nigerian Ordinary Account (NRNOA) and the Non-Resident Nigerian Investment ...

New data from the CBN has shown that over 95% of loans were gotten from microfinance banks in 2024, leaving the commercial banks to scramble for 5% The data also shows a year-on-year decline in loans, ...

He also urged the public to disregard reports of delayed disbursement of funds to various councils across the nation. He said, “The CBN is presently awaiting directives from the Federal Government to ...

Speaking with Sunday PUNCH on Friday, the National Publicity Secretary of the Association of Local Governments of Nigeria, Hamisu Anani, confirmed that LGAs would open accounts with the CBN as ...

Last year, the CBN made several attempts to stabilise the naira, the latest being the introduction of the Electronic Foreign Exchange Matching System, which has boosted transparency in the market.