Fri 10 Jul 2026
FTSE 100 10,471.50 -1.94%Microsoft 384.36 +0.02%NVIDIA 202.78 +2.63%Apple 316.22 +7.42%Google 356.24 -0.46%S&P 500 7,543.64 +0.81%Nasdaq 26,206.89 +0.64%Dow 52,487.41 +0.35%Russell 2000 2,992.54 -0.67%US 10Y Treasury 4.54% +1.20%Euro Stoxx 50 6,266.13 -2.06%DAX 25,106.72 -2.61%AEX-Index 1,078.15 -0.39%Nikkei 225 68,557.73 -1.69%Hang Seng 24,130.33 +3.34%Gold $4,114.70 -0.97%Silver $60.20 -2.78%Brent Crude Oil $75.80 +5.29%Natural Gas $2.98 -8.10%Copper $6.28 +1.70%GBP/USD 1.3424 +0.53%GBP/EUR 1.1727 +0.45%GBP/AUD 1.9320 +0.37%Bitcoin (USD) $63,980 -0.02%Ethereum (USD) $1,774 -1.31%FTSE 100 10,471.50 -1.94%Microsoft 384.36 +0.02%NVIDIA 202.78 +2.63%Apple 316.22 +7.42%Google 356.24 -0.46%S&P 500 7,543.64 +0.81%Nasdaq 26,206.89 +0.64%Dow 52,487.41 +0.35%Russell 2000 2,992.54 -0.67%US 10Y Treasury 4.54% +1.20%Euro Stoxx 50 6,266.13 -2.06%DAX 25,106.72 -2.61%AEX-Index 1,078.15 -0.39%Nikkei 225 68,557.73 -1.69%Hang Seng 24,130.33 +3.34%Gold $4,114.70 -0.97%Silver $60.20 -2.78%Brent Crude Oil $75.80 +5.29%Natural Gas $2.98 -8.10%Copper $6.28 +1.70%GBP/USD 1.3424 +0.53%GBP/EUR 1.1727 +0.45%GBP/AUD 1.9320 +0.37%Bitcoin (USD) $63,980 -0.02%Ethereum (USD) $1,774 -1.31%
Markets
Advertisement
Follow News in 60 on Facebook
UK Weather
London 25°C SunnyBirmingham 23°C SunnyManchester 22°C SunnyNewcastle 19°C SunnyBristol 22°C SunnyPembroke 23°C SunnyEdinburgh 19°C Patchy rain nearbyBelfast 19°C SunnyInverness 18°C Partly cloudyPenzance 23°C SunnyHolyhead 20°C SunnyNorwich 23°C Sunny
More Info

Nigeria’s Fake Agency Scandal Raises Questions Ahead of Elections

Advertisement
Follow News in 60 on Facebook

A fictitious federal agency in Nigeria has sparked a political uproar as it was allocated 1.3 billion naira in the 2026 budget. This scandal, emerging just months before the January elections, highlights systemic corruption within the government. Allegations surfaced when Femi Gbajabiamila, the president’s chief of staff, reported forgery linked to Adeniyi Adeyemi Matthew, who falsely claimed to lead the presidential foreign intervention promotion council.

The implications of this scandal extend beyond mere financial misappropriation. It raises concerns about the integrity of government processes and the potential collusion among high-ranking officials. Critics are questioning how such a fictitious entity could secure funding and office space within the federal secretariat, suggesting a deeper rot in governance.

As investigations unfold, the political landscape is shifting. Former Vice-President Atiku Abubakar is calling for an independent inquiry, demanding transparency and accountability. This situation could influence voter sentiment, as citizens grapple with the reality of corruption in their leadership.

With the election approaching, the fallout from this scandal may redefine political alliances and voter priorities, potentially altering the course of Nigeria’s future governance. The urgency for reform and integrity in public office has never been more pronounced.

Source: The Guardian

Read more Politics news →

Leave a comment

Your email address will not be published. Required fields are marked *