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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PRES. TINUBU APPOINTS ZAHRAH AUDU AS PEBEC DIRECTOR-GENERAL. (PHOTO).

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 Tinubu Appoints Zahrah Audu as PEBEC Director-General


On January 20, 2025, President Bola Tinubu appointed Princess Zahrah Audu as the new Director-General of the Presidential Enabling Business Environment Council (PEBEC). This appointment is part of efforts to attract foreign investments and enhance Nigeria’s business environment.


The announcement was made in a memo signed by the Secretary to the Government of the Federation, George Akume, and shared with journalists in Abuja. Prior to her appointment, Audu, an entrepreneur and technology expert, served as the technical adviser to the President on Foreign Direct Investment.


She succeeds Jumoke Oduwole, who was recently appointed Minister of Industry, Trade, and Investment following a cabinet reshuffle.


The statement highlighted that Princess Zahrah Audu’s appointment is a key move to strengthen Nigeria’s economic growth and business landscape, emphasizing her expertise and potential to bring about transformative changes.

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