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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EMEFIELE WEEPS, DODGES CAMERA AS ARRAIGNMENT FOR FRAUD STALLS. (PHOTOS).

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Emefiele weeps, dodges camera as arraignment for fraud stalls


The suspended Central Bank of Nigeria (CBN) Governor Godwin Emefiele wept in Court on Thursday after the High court of the Federal Capital Territory adjourned his arraignment to August 23, 2023.


The Nation reports that the case was stalled due to the absence of another defendant, Sa’adatu Yaro, in a corruption and conspiracy case brought against them by the Federal government.


Emefiele was seen weeping after the adjournment, while being consoled by some of his lawyers.


Emefiele, Yaro and a firm, known as April 1616 Investment Ltd, were accused of engaging in conspiracy and procurement fraud, among others.


He is also accused of conferring corrupt advantages on his associates, including Yaro, said to be a Director in April 1616 to the tune of N6.9 billion.


The accused were taken before the vacation judge, Justice Hamza Muazu of the Federal Capital Territory (FCT) High Court.


Emefiele was brought to court by officials of the Department of State Services (DSS).


Immediately after the proceedings, Emefiele was returned to operatives of the Department of the State Service (DSS) who brought him to court under heavy security.

More photos below. 





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