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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FORMER BOL MD, PITAN, REPLACES ILUYOMADE AS RCCG CITY OF DAVID'S PARISH PASTOR. (PHOTO).

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 Former Bol MD, Pitan, replaces Iluyomade as RCCG City of David's parish pastor


Pastor Kayode Pitan has been appointed as the new pastor of the City of David Parish, Lagos of the Redeemed Christian Church of God.

He will succeed Pastor Charles Kpandei, who has been serving as the interim pastor since the suspension of Pastor Idowu Iluyomade.

Church Times Nigeria reported on Sunday that Pitan’s appointment followed the suspension of Iluyomade due to certain allegations.

While some media outlets initially reported that Pitan had already taken over, it was Kpandei who has been leading the parish since June, following Iluyomade’s suspension.


The agency stated that a top source in the RCCG informed Church Times that Pitan has now been formally designated as the incumbent pastor of the City of David.

The decision was said to have taken by the governing council of the church during the just-concluded convention of the church.

Prior to his new role, Pitan was the Pastor in Charge of the Tabernacle of David in Region 51 and also served as the Regional Pastor.


Who is Pastor Kayode Pitan?

His extensive corporate experience is expected to contribute significantly to the effective management of the Trinity Tower project and the overall leadership of the City of David parish.


With his appointment, Pitan now oversees Region 20, with the City of David serving as its headquarters.

Pastor Ben Akabueze will step in as the Assistant Pastor in Charge of Region 20.

Kpandei, who was temporarily assigned to RCCG City of David, has returned to his previous role as Pastor in Charge of Region 11 in Lekki.

Church Times reports that Pitan’s appointment marks the end of Iluyomade’s tenure at the City of David parish.

Pitan completed his graduate studies in the US and returned to Nigeria 37 years ago, making significant strides in banking and finance.

According to Church Times, he worked at Citi Bank before resigning to establish his own finance house, which collapsed in 1993, resulting in a $3 million loss. This setback led him to deepen his Christian faith.


He served as the Managing Director and CEO of the Bank of Industry (BoI) from July 2015 to 2023, focusing on industrialisation and SME support.

Known for his strategic impact, he led the bank for five years and began a second term in 2022. He resigned in 2023 amid a government reshuffle under President Bola Tinubu.

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