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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ALLEGED N76BN, $31.5M FRAUD: COURT ADJOURNS EX-AMCON MD, KURU, OTHERS’ TRIAL TILL JULY 1.(PHOTO).#PRESS RELEASE

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 Alleged N76bn, $31.5m Fraud: Court Adjourns Ex-AMCON MD, Kuru, Others’  Trial Till July 1

 

Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos, on Monday, June 30, 2025, adjourned till July 1, 2025 further hearing in the trial of Mallam Ahmed Kuru, a former Managing Director of Assets Management  Corporation of Nigeria, AMCON, and four others,  over alleged N76bn and $31.5m fraud. 

 

Kuru, alongside Capt. Roy Ilegbodu, Managing Director of Arik Air, Kamilu Omokide, Receiver Manager of Arik Air, Union Bank Nigeria Plc and Super Bravo Limited is facing trial on a six-count charge bordering on conspiracy, stealing, and abuse of office to the tune of N75bn and $31.5m fraud.


Details later

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