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...

BANKER, POS AGENT ARRESTED BY THE EFCC FOR CURRENCY RACKETEERING. (PHOTOS). #PRESS RELEASE


 EFCC Arrests Banker, POS Agent for Currency Racketeering

 

Operatives of the Port Harcourt Zonal Command of the Economic and Financial Crimes Commission, EFCC, have arrested a banker, Soberechukwu Inya Ewa and a Point of Sales, POS, cashier, Azubuike Mamwu Obasi for allegedly selling new naira notes to customers for commercial purposes.

 

The suspects were arrested in the early hours of Friday, February 15, 2024, at Ecobank, Rumuobiakani and Maddox Night club, new Government Reservation Area, GRA, Port Harcourt, Rivers State.

 

Preliminary investigation showed that Ewa, a banker, allegedly specialises in selling new naira notes of different denominations to POS cashiers for commercial purposes while Obasi was caught engaging in currency racketeering by charging fees for new naira notes. He was arrested while in possession of N554,600.00 (Five Hundred and Fifty

Four Thousand, Six Hundred Naira)

 

The two suspects would soon be charged to court.

More photos below. 



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