UPDATE: U.S FINALIZES $20,000 VISA BOND POLICY AFFECTING NIGERIA AND 49 OTHER NATIONS. (PHOTO).

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 U.S Finalizes $20,000 Visa Bond Policy Affecting Nigeria and 49 Other Nations The United States government has officially formalized its visa bond policy, making it a permanent measure that could require travelers from 50 designated countries, including Nigeria, to pay a refundable bond of up to $20,000 before receiving certain visas. First introduced as a pilot scheme in 2025, the policy targets applicants seeking B1 and B2 visas, which are designated for business and tourism. According to the U.S. Department of State, the initiative is designed to bolster compliance with local immigration laws and drastically reduce visa overstay rates. How the Visa Bond Policy Works Under the permanent guidelines, U.S. consular officers have the discretion to instruct eligible applicants to post a bond as a prerequisite for visa issuance. However, U.S. authorities have clarified that the financial requirement will not be applied automatically to every traveler from the listed nations. Data anal...

MAGU DECRIES UK'S REFUSAL TO EXTRADITE ALLISON-MADUEKE AS EFCC WINS 'INSTITUTION OF THE DECADE' AWARD.{PHOTO}.#PRESS RELEASE.

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      The Acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, has decried the refusal of the United Kingdom (UK), to extradite former Minister of Petroleum Resources, Diezani Allison-Madueke, to face trial for alleged money laundering in Nigeria.
Magu stated this on Monday, January 20, 2020, while receiving the “Institution of the Decade” award on behalf of the EFCC at the awards ceremony organised by Thisday Newspaper to mark its 25th anniversary at the Eko Hotels and Suits , Victoria Island, Lagos.
The EFCC boss disclosed that the Commission had sufficient evidence to prosecute Allison-Madueke for the alleged financial malfeasance she committed while in office. The looted funds, traced to Allison-Madueke and others, he noted, could be used to keep the wheel of the nation’s economy rolling if recovered.
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