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...
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N66.5M OIL FRAUD: COURT GRANTS DEFENDANT N50M BAIL.(PHOTO).#PRESS RELEASE.

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N66.5m Oil Fraud:  Court Grants Defendant N50m Bail

Justice Mojisola Dada of the Special Offences Court sitting in Ikeja Lagos, on Thursday, October 3, 2022, granted bail to one Adeleke Fayose, who is being prosecuted for an alleged N66.5m oil fraud, in the sum of N50m.

Fayose was arraigned alongside his company, Brooks and Knight International Limited, on October 27, 2022 by the Lagos Zonal Command of the EFCC on a three-count charge bordering on obtaining money under false pretences and stealing to the tune of N66.5 million.











 

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