World

Political Scandal Rocks Nigeria

Updated 2026-07-09 16:40 UTC 2 sources Negative

President Tinubu is under intense pressure after a fictitious federal agency allocated 1.3 billion naira in the 2026 budget, sparking an investigation into corruption and misappropriation of funds.

Coverage timeline — 2 articles
The Guardian
President ordered investigation after fictitious federal body allocated funding and office space, triggering renewed scrutiny of corruption A fictitious federal entity that was allocated 1.3 billion naira (£705,248) in Nigeria’s 2026 budget has precipitated a political storm in <a href="ht
2026-07-09 16:20 UTC
MarketWatch
The conflict between the U.S. and Iran is driving mortgage rates up, adding hundreds of dollars a month in extra costs for prospective home buyers.
2026-07-09 16:30 UTC
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