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

The House Committee on Legislative Franchises, chaired by Rep. Gus Tambunting, is set to deliberate on a bill seeking to ...

Shares of DraftKings (NASDAQ: DKNG) declined 3.75%, while Flutter Entertainment (LON:FLTR), the operator of FanDuel, fell 2.4% as analysts at TD Cowen adjusted th ...

CBN sanctioned nine deposit money banks with fines totalling N1.35bn for failing to ensure cash availability via automated teller machines during the festive season. Each of the banks was fined ...

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The Central Bank of Nigeria (CBN) which slammed the sanction, said each of the banks would pay N150 million as fine for non-compliance with the regulator’s cash distribution guidelines ...

After Korea, Philippines media giant ABS-CBN is positioning itself as the next potential purveyor of hit Asian entertainment, building on the international box office success of “Hello, ...

The Central Bank of Nigeria, CBN, has issued fines to at least nine Deposit Money Banks for failing to ensure cash availability via automated teller machines, ATMs, during the festive season.

The fines will be directly debited from the banks’ accounts with the CBN. In a press statement released on Tuesday, the Acting Director of Corporate Communications at the CBN, Mrs Hakama Sidi ...

A bill seeking to grant ABS-CBN Corporation a new 25-year franchise has moved forward in the House of Representatives, marking a significant step in the network’s bid to resume full broadcast ...

The Central Bank of Nigeria (CBN) has imposed fines of N150 million each on nine Deposit Money Banks (DMBs) for failing to dispense cash via Automated Teller Machines (ATMs) during the festive season.