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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EFCC SUMMONED OKOYA'S TWO SONS OVER NAIRA ABUSE. (PHOTO)

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 The Economic and Financial Crimes Commission

(EFCC) has summoned two sons of prominent billionaire industrialist, Razaq Okoya, for questioning over alleged naira abuse.


Subomi and Wahab Okoya were captured in a viral video engaging in actions that violated currency handling regulations by mishandling the Nigerian naira note.


A letter signed by the acting Director of the EFCC Lagos Directorate, Michael Wetkas, instructed the duo to appear before the commission's special operations team at its Lagos office on Monday, January 13, 2025.


Meanwhile, Subomi Okoya had issued a public apology on his X (formerly Twitter) account, expressing regret and claiming ignorance of the fact that abusing the naira is a punishable offence.

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