Nigeria News (Standard)
Lagos Residents Spend Over ₦50bn on US Visa Applications Amid Tighter Entry Rules
US visa approvals for Nigerians drop 23% in 2024 as stricter policies target multiple-entry permits and social media disclosure
US visa approvals for Nigerians drop 23% in 2024 as stricter policies target multiple-entry permits and social media disclosure
Residents of Lagos State and other parts of Nigeria spent more than ₦50 billion on United States visa applications between 2023 and 2024, even as the US government introduced tougher entry requirements that led to a sharp decline in visa approvals. Data from the US Department of State analysed by Intelpoint revealed that Nigerians paid an estimated $37.2 million—about ₦50.7 billion at an average exchange rate of ₦1,360 to the dollar—for non-immigrant visa applications during the period.
The report showed that the number of non-immigrant visas issued to Nigerians dropped by about 23 percent, falling from 113,900 in 2023 to 87,300 in 2024. This represents a reduction of over 26,000 visas within a single year. Business and tourism travel continued to dominate approvals, with B1/B2 categories accounting for around 83 percent of all visas issued in 2024. Student visas (F1) made up roughly seven percent, while exchange visitor and other temporary categories comprised the remainder.
Experts say the fall in visa issuances is linked to new US immigration policies introduced after Donald Trump’s return to the White House in January 2025. In July last year, the US State Department announced that most non-immigrant and non-diplomatic visas for Nigerian citizens would be limited to single-entry permits valid for only three months—existing visas were not affected by this change. The following month, applicants were required to provide all social media usernames used over the previous five years on their DS-160 forms, with consular officials warning that omissions could lead to denial or future ineligibility.
Despite economic challenges and the high cost of application fees—which stand at $185 per person—Nigerians remain among Africa’s most mobile populations. Susan Akporiaye, former President of the National Association of Nigeria Travel Agencies, said travel demand cuts across all income levels. “People would say it’s because of the economy, but I share a different view. Nigerians are generally migrants; they love travelling… We are like the Chinese of Africa,” Akporiaye stated in an interview.
She further noted that most Nigerians who travel eventually return home, with only a small fraction remaining abroad permanently. “The ones who travel and return are far more than those who stay back. It’s not up to ten percent that don’t return,” she added. The report also found that Nigeria accounted for about 0.8 percent of global US non-immigrant visa issuances in 2024.
With tighter restrictions now in place—including social media scrutiny and shorter validity periods for visas—travel industry stakeholders expect demand for US travel to remain robust but warn that applicants should prepare for longer processing times and increased documentation requirements.
Source: https://punchng.com/nigerians-spend-n50bn-on-us-visa-applications/
Nigeria News (Standard)
CBN Governor Cardoso Receives 2026 Central Banking Award in London
Olayemi Cardoso honoured as Central Bank of the Year, marking international recognition for Nigeria’s monetary authority
Olayemi Cardoso honoured as Central Bank of the Year, marking international recognition for Nigeria’s monetary authority
Governor Olayemi Cardoso of the Central Bank of Nigeria has been presented with the 2026 Central Banking Central Bank of the Year Award at a ceremony in London on Thursday. The award, which recognises excellence in central banking practice and leadership, highlights Nigeria’s role in global monetary policy discussions.
The event saw Cardoso join other top financial leaders from around the world as he accepted the prestigious accolade on behalf of Nigeria’s apex bank. The organisers noted that the CBN was selected for its performance and reforms in recent years, though specific criteria for this year’s recognition were not disclosed at the event.
The Central Banking Awards are widely regarded as a benchmark for outstanding achievement among financial regulators globally. Past winners have included central banks from both developed and emerging markets, making this year’s award a significant milestone for Nigeria. Financial analysts say such honours can boost investor confidence and underscore Nigeria’s commitment to international best practices in economic management.
While official reactions from other government figures were not immediately available as at press time, observers within Nigeria’s financial sector have welcomed the recognition. Stakeholders point to ongoing reforms under Cardoso’s leadership and efforts to stabilise the naira and strengthen regulatory frameworks.
The CBN is expected to continue engaging with international partners following this achievement, as monetary authorities look to build on recent gains and address ongoing economic challenges. Further statements from Cardoso or federal officials are anticipated in the coming days.
Nigeria News (Standard)
Delta Leaders Urge Protesters to Vacate Oil Facilities After Tinubu’s Intervention
Ijaw and Urhobo elders call for end to occupation of Warri oil installations as presidential mediation begins
Ijaw and Urhobo elders call for end to occupation of Warri oil installations as presidential mediation begins
Ijaw and Urhobo community leaders in Delta State have appealed to protesters occupying oil facilities in Warri South-West Local Government Area to withdraw, following President Bola Tinubu’s intervention in the ongoing dispute. The call was made on Thursday after federal authorities began mediation efforts aimed at resolving long-standing grievances over the delineation of the Warri Federal Constituency.
According to community sources, the affected oil installations had been occupied by demonstrators demanding implementation of a Supreme Court judgment on constituency boundaries. This action, which disrupted operations at several key sites, prompted urgent engagement from both local leaders and the presidency.
The dispute over Warri Federal Constituency has persisted for years, with various ethnic groups raising concerns about political representation and resource allocation in the oil-rich region. The recent protest heightened tension in Delta State’s South-South zone, with stakeholders warning of possible economic losses if oil production remained paralysed.
Leaders from both Ijaw and Urhobo communities issued separate statements urging their youths to stand down while talks with federal officials continue. “We must give room for dialogue now that Mr President has shown commitment to address our demands,” one statement read. The elders also cautioned against further disruptions, noting the strategic importance of oil revenues for Delta State and Nigeria as a whole.
Presidential envoys are expected to meet with representatives of all aggrieved groups in the coming days. Meanwhile, security agencies have maintained patrols around major installations to deter any escalation. Delta State government officials have not issued an official comment as at press time.
Nigeria News (Standard)
Lagos Returnee Narrates Trauma as Xenophobic Attacks Trigger Mass Evacuations from South Africa
Federal government steps up repatriation efforts after multiple Nigerians recount violence and loss during Johannesburg unrest
Federal government steps up repatriation efforts after multiple Nigerians recount violence and loss during Johannesburg unrest
A Nigerian returnee from Lagos State has described harrowing experiences during the recent wave of xenophobic attacks in South Africa, following the federal government’s renewed evacuation exercise on Thursday. The incident, which unfolded in Johannesburg and other cities, prompted Nigerian authorities to accelerate efforts to bring affected citizens home safely.
According to the returnee, who arrived at Murtala Muhammed International Airport alongside dozens of compatriots, many Nigerians were targeted in their homes and businesses, suffering physical assault and loss of property. The returnee detailed how attackers stormed residential areas, looting shops and setting buildings ablaze, leaving several families stranded with nowhere to turn.
The latest xenophobic violence has heightened concerns among Nigerians both at home and abroad, given the recurring pattern of attacks on foreign nationals in South Africa. In response, government said it remains committed to protecting its citizens wherever they reside. The Ministry of Foreign Affairs announced that over 300 Nigerians had signalled interest in voluntary evacuation since the unrest escalated last week.
An official statement by the Permanent Secretary, Ministry of Foreign Affairs, confirmed ongoing collaboration with the Nigerian High Commission in Pretoria to ensure orderly repatriation. Meanwhile, civil society groups have urged government to provide psychological support for returnees dealing with trauma. “We urge authorities to prioritise rehabilitation and reintegration for those affected,” one advocacy group stated.
As more flights are scheduled to bring additional evacuees home in coming days, stakeholders are calling for long-term diplomatic engagement between Nigeria and South Africa to address the root causes of xenophobia. Experts say economic hardship and rising unemployment in host communities continue to fuel tensions against migrants.
