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Published on 09:26 GMT

Philippines signs World Bank grant for pandemic preparedness as farm project earns satisfactory rating

The Philippines and the World Bank have signed an $18.85-million grant agreement to strengthen the country’s defenses against future pandemics, while the Washington-based multilateral lender also commended the satisfactory implementation of an ongoing …

Source: Manila Bulletin - Pro-Government
Published on May 26, 2026

Tinubu borrowing to fix roads, says Umahi as Nigeria’s external debt hits $51.86bn

Key points Minister of Works, David Umahi, says President Bola Tinubu is borrowing to finance critical road infrastructure across Nigeria. Nigeria’s external debt rose to $51.86 billion in 2025, reflecting increased borrowing for projects and economic …

Source: Biz Watch Nigeria - Indeterminate
Published on May 26, 2026

Tinubu borrowing to fix roads, says Umahi, as data reveals Nigeria’s $51.86b debt spending

Minister of Works David Umahi The Minister of Works, David Umahi, has said President Bola Tinubu is borrowing to fix Nigeria’s roads because infrastructure is the foundation for security, commerce and economic growth. Meanwhile, Nigeria increased its …

Source: The Guardian (Nigeria) - Neutral
Published on May 25, 2026

Nigerian Govt Spends N12.6trillion On Debt Servicing In Nine Months, Only N3.1trillion On Infrastructural Development

Nigeria has spent about N12.63trillion on debt servicing between January and September 2025, more than four times the N3.1trillion released for capital and infrastructural development within the same period, according to figures from the 2025 amended …

Source: Sahara Reporters - Left-wing
Published on May 20, 2026

Egypt pivots to technology and global supply chains for industrial growth, cites Africa as top opportunity

Egypt aims to become one of the top five players globally across seven shortlisted industrial sectors by 2035 through deep integration into global supply chains, the country’s industry minister announced during an event marking 50 years of collaboration …

Source: Daily News Egypt - Pro-Government
Published on May 19, 2026

Egypt to overhaul business licensing and capital rules to equalise investor playing field

Egypt is overhauling its post-establishment business regulations, including slashing the time required for capital increases and unifying operational licensing, to facilitate the ease of doing business equally for both domestic and foreign investors, the …

Source: Daily News Egypt - Pro-Government
Published on May 18, 2026

Peter Obi Accuses Tinubu Of ‘Borrowing Nigeria Into Economic Slavery’ Over Rising Debt Servicing

Former Labour Party presidential candidate, Peter Obi, has criticized the administration of President Bola Ahmed Tinubu over Nigeria’s worsening debt crisis and what he described as misplaced fiscal priorities. The former governor of Anambra State said …

Source: Sahara Reporters - Left-wing
Published on May 16, 2026

How Nigeria’s external debt rose to $51.86 billion under Tinubu

Nigeria’s total external debt stock rose from $42.49 billion in December 2023 to $51.86 billion in December 2025, marking a $9.36 billion increase over two years. This is as the Federal Government intensified foreign borrowing under President Bola Tinubu’s …

Source: Nairametrics - Neutral
Published on May 15, 2026

Nigeria Paid World Bank $848.7Million In Debt Servicing As Outstanding Loans Hit $19.8Billion

Nigeria paid a total of $848.7 million in debt servicing to two World Bank institutions in 2025, while its outstanding debt to the agencies rose to $19.8 billion by the end of the year, according to data reviewed from the Debt Management Office (DMO). A …

Source: Sahara Reporters - Left-wing
Published on May 27, 2026

Fg Cancels $717.7m World Bank Power Loan

The Federal Government has cancelled $717.7 million in undisbursed World Bank funding earmarked for Nigeria’s electricity sector, bringing an early end to a $1.52bn power recovery programme. Documents obtained from the World Bank on Monday showed that the …

Source: The Nigerian Voice - Indeterminate
Published on May 26, 2026

FG cancels $717m World Bank power loan amid blackouts

The Federal Government has cancelled $717.7m in undisbursed World Bank financing for Nigeria’s troubled electricity sector, effectively terminating the remaining portion of a $1.52bn power sector recovery programme amid mounting tariff shortfalls, …

Source: The Citizen (Nigeria) - Indeterminate
Published on May 26, 2026

Tinubu Govt Cancels $717.7 Million World Bank Loan

The Federal Government has cancelled $717.7 million in undisbursed World Bank intervention financing meant to support the recovery of Nigeria’s troubled electricity sector. The cancellation followed a formal request by the Federal Government and a joint …

Source: Naija News - Neutral
Published on May 26, 2026

FG Cancels $717.7m World Bank Power Intervention Loan

The Federal Government has cancelled $717.7m in undisbursed World Bank intervention financing designed to revive Nigeria’s struggling electricity sector. The cancellation followed a formal request by the Federal Government and a joint decision by both …

Source: Channels TV - Neutral
Published on May 26, 2026

FG cancels $717m W’Bank power loan amid blackouts

The Federal Government has cancelled $717.7m in undisbursed World Bank financing for Nigeria’s troubled electricity sector, effectively terminating the remaining portion of a $1.52bn power sector recovery programme amid mounting tariff shortfalls, …

Source: Punch - Indeterminate
Published on May 26, 2026

FG cancels $717.7 million World Bank power loan as electricity sector crisis worsens

Nigeria has cancelled $717.7 million in undisbursed funding under the World Bank-backed Power Sector Recovery Performance-Based Operation (PSRO), marking a major setback for efforts to restore financial sustainability in the country’s electricity sector …

Source: Nairametrics - Neutral
Published on May 26, 2026

FG, World Bank cancel $717m power scheme loan over rising tariff shortfalls

Stay connected via Google News The federal government and the World Bank have agreed to cancel about $717.7 million in undisbursed financing under the power sector recovery operation (PSRO) programme. The cancellation was due to worsening tariff shortfalls …

Source: The Cable - Neutral
Published on May 9, 2026

Egypt’s external debt rises to $163.7bn in September 2025 despite improved indicators: CBE

Egypt’s external debt rose to $163.7bn in September 2025, an increase of $2.5bn, or 1.5%, compared with June 2025, according to the Central Bank of Egypt (CBE). The increase was mainly driven by fresh loan disbursements and exchange-rate movements, …

Source: Daily News Egypt - Pro-Government
Published on May 8, 2026

Nigeria may reject World Bank loans over delays – Accountant General

The Accountant-General of the Federation, Dr Shamseldeen Ogunjimi, has warned that Nigeria may reject loan facilities from the World Bank if delays in approval and disbursement persist, saying prolonged timelines could undermine the country’s willingness …

Source: Punch - Indeterminate
Published on May 12, 2026

FG, World Bank in talks over second-largest $1.25bn loan

The Federal Government has stepped up engagement with the World Bank for a fresh $1.25bn loan to support economic reforms, job creation, and competitiveness, as findings by The PUNCH showed that the facility has reached a critical stage in the lender’s …

Source: Punch - Indeterminate

26 days 01:48:56

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Published on June 5, 2026 - 18:58 GMT

How should central banks respond to commodity price shocks? Optimal monetary and exchange rate frameworks for commodity-...

Thomas Drechsel, Michael McLeay, Silvana Tenreyro and Enrico D Turri We show that the optimal monetary policy and exchange rate framework depend critically on the economy’s commodity exposure. We develop a flexible but tractable model economy with …

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Published on June 5, 2026 - 18:58 GMT

Capital requirements and process innovation

Walter Beckert, Peter Eccles and Paolo Siciliani This paper investigates the relationship between the optimal level minimum capital requirements aimed at preventing moral hazard by banks and banks’ incentives to invest in process innovation aimed at …

Distribution channels: Banking, Finance & Investment Industry

Published on June 4, 2026 - 17:53 GMT

Anja Health Appoints Stem Cell Banking Veteran Jan Chen as CEO

Industry veteran Jan Chen joins Anja Health as CEO, bringing 18 years of stem cell banking leadership and family-focused expertise. LOS ANGELES, CA, UNITED STATES, June 4, 2026 /⁨EINPresswire.com⁩/ -- Anja Health, a leading provider of cord blood …

Distribution channels: Culture, Society & Lifestyle, Education ...
Published on June 5, 2026 - 16:05 GMT

It Takes One Bank to Run a Normal IPO. SpaceX Hired 21. Here's What That Tells You.

Washington, D.C., June 05, 2026 (GLOBE NEWSWIRE) -- Most public offerings are managed by a single lead bank, sometimes with a small group of supporting firms. The SpaceX IPO has reportedly assembled a group of at least 21 banks. A roster that size is rare …

Distribution channels: Banking, Finance & Investment Industry ...

Published on June 5, 2026 - 15:55 GMT

Euro area bank interest rate statistics: April 2026

5 June 2026 Bank interest rates for corporations Chart 1 Bank interest rates on new loans to, and deposits from, euro area corporations (percentages per annum) Data for cost of borrowing and deposit interest rates for corporations (Chart 1)The composite …

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Published on June 5, 2026 - 18:58 GMT

Staying afloat: the impact of flooding on UK firms

Benjamin Crampton, Rupert-Hu Gilman and Rebecca Mari This paper examines the exposure of UK firms to flood risk and the impact that past floods have had on corporate outcomes. Through the use of a novel data set that combines highly granular business …

Distribution channels: Banking, Finance & Investment Industry
Published on June 5, 2026 - 11:10 GMT

Factory Capital launches women’s health institute InAWH, backed by $25M investment commitment

SYDNEY, AUSTRALIA, June 5, 2026 /⁨EINPresswire.com⁩/ -- A former banking executive and current Partner at private investment firm Factory Capital expects to invest in excess of $25 million to build businesses targeting the largely untapped US$120 …

Distribution channels: Banking, Finance & Investment Industry, Culture, Society & Lifestyle ...
Published on June 4, 2026 - 17:30 GMT

First Merchants Bank Recognized on Forbes’ World’s Best Banks 2026 List

MUNCIE, Ind., June 04, 2026 (GLOBE NEWSWIRE) -- First Merchants Bank, a $21 billion-asset1 financial institution serving communities across the Midwest, has been recognized on Forbes’ World’s Best Banks 2026 list, an annual ranking developed in partnership …

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Published on June 5, 2026 - 20:04 GMT

American Pacific Mortgage and Synergy One Lending Join Forces to Build the Future of Retail Lending

This strategic merger expands a national platform focused on innovation, leadership, and the next level of service to originators, clients, and communities. ROSEVILLE, CA, UNITED STATES, June 5, 2026 /⁨EINPresswire.com⁩/ -- American Pacific …

Distribution channels: Banking, Finance & Investment Industry ...
Published on June 5, 2026 - 20:00 GMT

Greenwood Sustainable Infrastructure, Ocean Man Nakoda Nation Break Ground on Historic 100 MW Turning Sun Solar Project

ESTEVAN, SASKATCHEWAN, CANADA, June 5, 2026 /⁨EINPresswire.com⁩/ -- Greenwood Sustainable Infrastructure (GSI) and Ocean Man Nakoda Nation (OMNN) officially broke ground on the Turning Sun Solar Project on Friday, June 5th. Located in the Rural …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on June 5, 2026 - 19:43 GMT

Credit One Bank’s Number One Fan Initiative Surprises and Delights Students of The YMCA of Southern Nevada

More Than 20 Students Enjoyed a VIP Las Vegas Aviators Experience as Credit One Bank Donated $15,000 to Support Local Youth and Education Initiatives LAS VEGAS, NV, UNITED STATES, June 5, 2026 /⁨EINPresswire.com⁩/ -- Las Vegas-based credit card …

Distribution channels: Banking, Finance & Investment Industry, Education ...
Published on June 5, 2026 - 19:42 GMT

AML Professionals Seek Affordable Career Development as Financial Crime Risks Grow Worldwide

LOS ANGELES, CA, UNITED STATES, June 5, 2026 /⁨EINPresswire.com⁩/ -- As financial institutions face increasing pressure to strengthen anti-money laundering (AML) controls and meet evolving regulatory expectations, a growing number of compliance …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 5, 2026 - 19:03 GMT

B2i Digital Named Official Marketing Partner of 121 Mining Investment New York

A two-day conference brings more than 70 mining companies face to face with North American investors, June 15-16, 2026 NEW YORK, NY, UNITED STATES, June 5, 2026 /⁨EINPresswire.com⁩/ -- B2i Digital, Inc. has joined 121 Mining Investment New York as …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 5, 2026 - 18:19 GMT

Clark Meyers PC Launches Business Law Firm Helping Idaho and California Owners Prevent Legal Problems Before They Start

BOISE, ID, UNITED STATES, June 5, 2026 /⁨EINPresswire.com⁩/ -- Clark Meyers PC, a boutique business law firm serving growth-stage companies in Idaho and California, today announced its official launch. The firm is built on a single, contrarian idea …

Distribution channels: Agriculture, Farming & Forestry Industry, Banking, Finance & Investment Industry ...
Published on June 5, 2026 - 18:18 GMT

Alexander Kalla Named to RealTrends Verified 2026 Best Real Estate Agents in the US & California, $11.3M Avg Sale Price

Top 1.5% nationally; recognition follows AP News feature and Realtor.com economic research citation on Bay Area AI-driven down payments. LOS GATOS, CA, UNITED STATES, June 5, 2026 /⁨EINPresswire.com⁩/ -- Alexander Kalla, a solo luxury real estate …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on June 5, 2026 - 17:37 GMT

Perry Wisdom Barrett Narosov is Named No. 1 Team in Texas Again as Luxury Sales Surge

Dallas Luxury Real Estate Team Takes Texas' Top Spot in RealTrends Rankings as seen in The Wall Street Journal DALLAS, TX, UNITED STATES, June 5, 2026 /⁨EINPresswire.com⁩/ -- The numbers tell one story. The relationships behind them tell …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on June 5, 2026 - 16:55 GMT

AI Is Moving From Credit Scoring to Credit Workflow

TrustPlus AI shows how AI workflow automation can accelerate credit underwriting, strengthen merchant risk monitoring and improve financial risk governance SINGAPORE, SINGAPORE, SINGAPORE, June 5, 2026 /⁨EINPresswire.com⁩/ -- Artificial …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 5, 2026 - 16:44 GMT

ProducifyX™ Announces Coffee to Connect™ Reaches 100 Users Just Four Months After Launch

Coffee to Connect reaches 100 users in four months, reflecting early momentum for ProducifyX’s human-first LinkedIn relationship development platform. COLUMBIA, MO, UNITED STATES, June 5, 2026 /⁨EINPresswire.com⁩/ -- ProducifyX, LLC today …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 5, 2026 - 16:34 GMT

Chambers Recognizes Wagner Law Group, Harold Ashner, Eric Keller, Andrew Oringer, Roberta Casper Watson, Stephen Wilkes

Chambers USA Recognizes The Wagner Law Group and Attorneys Harold Ashner, Eric Keller, Andrew Oringer, Roberta Casper Watson and Stephen Wilkes BOSTON, MA, UNITED STATES, June 5, 2026 /⁨EINPresswire.com⁩/ -- The Wagner Law Group, has announced …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 5, 2026 - 16:00 GMT

Realty ONE Group Philippines Celebrates Grand Opening of Realty ONE Group Preferred in Makati City

Celebrate the grand opening of Realty ONE Group Preferred in Makati City with Realty ONE Group Philippines, led by visionary Vivian Villabroza Buñales. MAKATI, METRO MANILA, PHILIPPINES, June 6, 2026 /⁨EINPresswire.com⁩/ -- Realty ONE Group Philippines …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on June 5, 2026 - 15:46 GMT

Bo Shi, Esq. Develops Multijurisdictional Legal Practice Across the U.S., China, and Vietnam

Attorney Bo Shi founded California-based S&P Law Firm APC, combining engineering and finance expertise in U.S., Chinese, and Vietnamese cross-border law. LOS ANGELES, CA, UNITED STATES, June 5, 2026 /⁨EINPresswire.com⁩/ -- In an era shaped by …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 5, 2026 - 15:45 GMT

Luxury Watches Auction Led by Rare Patek Philippe Chronograph, Rolex Daytona & Audemars Piguet Royal Oak

Miller & Miller to hold online-only Luxury Watches auction featuring 89 premier timepieces on June 24 at 5pm EDT NEW HAMBURG, ONTARIO, CANADA, June 5, 2026 /⁨EINPresswire.com⁩/ -- An exceptional Luxury Watches auction led by a rare Patek …

Distribution channels: Banking, Finance & Investment Industry, Consumer Goods ...
Published on June 5, 2026 - 15:16 GMT

Bomar Law Firm’s Eight-Year ThreeBestRated® Recognition Reflects Trusted Tax Defense Excellence

ATLANTA, GA, UNITED STATES, June 5, 2026 /⁨EINPresswire.com⁩/ -- IRS notices, audits, wage garnishments, and mounting tax debt can quickly become overwhelming for individuals and business owners. When taxpayers feel trapped between complex …

Distribution channels: Banking, Finance & Investment Industry, Law ...
Published on June 5, 2026 - 14:58 GMT

Logical Qubits: Alice & Bob Publishes Report for Industry to Benchmark Claims

Five criteria create an objective standard for measuring milestones across modalities, including neutral atom, superconducting, spin, photonic and trapped ions PARIS, FRANCE, June 5, 2026 /⁨EINPresswire.com⁩/ -- Quantum computing company Alice …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 5, 2026 - 14:02 GMT

Areal.ai Now a Native Integration on MeridianLink, Giving MeridianLink Lenders a Fast Path to Doubling Loan Throughput

Areal's CD Balancer and Copilot Agent are now live for MeridianLink lenders — covering every workflow from borrower onboarding through post-closing. LOS ANGELES, CA, UNITED STATES, June 5, 2026 /⁨EINPresswire.com⁩/ -- Areal.ai, the AI platform …

Distribution channels: Banking, Finance & Investment Industry, IT Industry ...
Published on June 5, 2026 - 14:00 GMT

Institutional Real Estate, Inc. and Agentic Assets Announce Strategic Partnership

SAN RAMON, CA, UNITED STATES, June 5, 2026 /⁨EINPresswire.com⁩/ -- Institutional Real Estate, Inc. (IREI), a B2B media and knowledge company serving the global institutional real estate investment community, and Agentic Assets LLC today announced …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on June 5, 2026 - 13:24 GMT

Built on Experience, Defined by Results: Stonehill's Rise to Middle-Market Integration Leader

Stonehill started as a strategy shop. Its private-equity clients kept asking the same question - who actually makes the plan work? The answer became a category. TAMPA, FL, UNITED STATES, June 5, 2026 /⁨EINPresswire.com⁩/ -- Most mergers don't …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 5, 2026 - 13:15 GMT

Willis Johnson Wealth Expands Specialized Financial Planning and Tax Services for Dow Professionals in Houston

Houston-based fiduciary firm expands guidance for executives and pre-retirees at Dow Chemical navigating company stock, retirement planning, and tax complexity. HOUSTON, TX, UNITED STATES, June 5, 2026 /⁨EINPresswire.com⁩/ -- Willis Johnson Wealth …

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