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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PETROL PRICE DROP DRIVING DOWN COOKING GAS COSTS — IPMAN. (PHOTO).

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 Petrol Price Drop Driving Down Cooking Gas Costs — IPMAN


The Independent Petroleum Marketers Association of Nigeria says the recent decline in petrol prices has triggered a drop in cooking gas prices across the country.


A 12.5kg refill now sells for around N16,250 in Abuja—down from N17,500—while Lagos residents pay as low as N13,750, compared to over N17,000 in late 2024. IPMAN attributes the trend to reduced demand for LPG as petrol-powered alternatives become more affordable, noting further drops may follow based on market dynamics.

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