The Central Bank of Nigeria, CBN, has announced major adjustments to its cash-handling regulations, abolishing the ceiling on cash deposits and expanding the weekly withdrawal limit across all ...

The Central Bank of Nigeria has assured Nigerians of its commitment in ensuring that the policies and reforms already introduced would bring about much-needed price and monetary stability in the ...

The Central Bank of Nigeria (CBN) has announced that it will take full control of the country’s fixed income market from November 2025. The move, which will be carried out in phases, is aimed at ...

The Central Bank of Nigeria (CBN) has granted an operating licence to Apices Finance Company Limited, authorising it to function as a finance company under Nigerian law. This adds to the growing ...

The Central Bank of Nigeria (CBN) has announced the establishment of a dedicated Compiance Department as part of ongoing reforms to enhance regulatory effectiveness and streamline supervisory ...

In June, ABS-CBN president Carlo Katigbak said that even if Congress were to grant them a new franchise, they can’t bring back the former national network since its frequencies were already ...

MANILA, Philippines — The Lopez and Zobel families have signed the deeds of absolute sale transferring a large part of ABS-CBN Corp.’s property in Quezon City to Ayala Land Inc. (ALI). ABS-CBN signed ...

MANILA, Philippines – ABS-CBN Corp. is aiming to return to profitability in about 18 months as cash from the sale of its Quezon City hub and an anticipated recovery of advertising revenues soften a ...

Economic analysts have said that the decision of the Central Bank of Nigeria to temporarily suspend banks with forbearance loans from dividend payments and investment in foreign subsidiaries would ...

The Central Bank of Nigeria, CBN, has introduced three non-interest financial instruments with the aim of deepening the non- interest financial markets. The non-interest financial instruments consist ...

MANILA, Philippines — Media giant ABS-CBN Corp. found a way to cut its net loss by half in the first quarter, taking advantage of the election season to book more ads for core shows. Based on its ...

The Central Bank of Nigeria (CBN), in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS), has officially launched the Non-Resident Bank Verification Number (NRBVN) platform. With this ...