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U.S Exempts Nigeria From Trump’s New $15,000 Visa Bond Policy

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The United States Mission in Nigeria says Nigeria is not currently part of the pilot visa bond programme.

The Trump administration had introduced a new temporary policy issued to discourage nationals of some countries with higher visa overstay rates.

Under the new policy, visitors to the US from such countries may have to pay up to $15,000 in bonds.

The visa bond pilot programme is said to target mostly African countries with high visa overstay — the visitors are believed to have entered the country legally on student, tourist, work visas and then stay past their visa expiration date.

According to data from the DHS, almost 30,000 Nigerians overstayed their B1/B2 visas in 2018, ranking as the 5th country with the most visa overstays in the US.

This makes Nigeria the African country with the most visa overstays.

In 2019, The Wall Street Journal (WSJ) had reported that Nigeria might be affected by the move of the Trump administration to check the tide of countries whose immigrants overstay their visas at relatively high rates.

On Monday, the US government announced that it had introduced the visa bond pilot programme for B-1 visas (for business travellers) and B-2 visas (for tourists).

It said the pilot programme will run for six months.

There have been concerns that Nigeria may be affected by the policy.

But in a statement on Tuesday, the US mission in Nigeria said the most populous black nation on earth will not be affected by the policy.

“In response to the April 2019 Presidential Memorandum on Combating High Nonimmigrant Overstay Rates, the Department and our embassies and consulates overseas conducted an in-depth analysis to identify and address root causes of overstays,” the statement read.

“Among other efforts to address this challenge, the State Department is considering additional steps to address overstays, including piloting a limited visa bonds program to test, in coordination with the Department of Homeland Security (DHS), the operational feasibility of posting, processing, and discharging visa bonds as means to ensure the timely departure from the United States of certain travelers. Accordingly, the State Department will begin a limited six-month visa bond pilot program beginning on December 24, 2020.

“We are committed to combating visa overstays and making sure travelers to the United States respect our laws. The implementation of this pilot builds on our engagement with foreign governments in recent years and will ensure continued progress to reduce overstay rates. Nigeria is not included in this six months pilot program.”

BIG STORY

NOVA Bank Achieves Global Cybersecurity Milestone With ISO 27032 Certification

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NOVA Bank has achieved a major milestone in its commitment to safeguarding customer data and digital operations by attaining the globally recognized ISO 27032 Cybersecurity Standard certification. This significant achievement positions NOVA Bank among the elite financial institutions in Nigeria with such a distinction.

The ISO 27032 certification focuses on fortifying cybersecurity measures, ensuring robust protection for data, systems, and online transactions amid an ever-evolving cyber threat landscape. In addition to this achievement, NOVA Bank is already certified in ISO 27001 for Information Security Management and BCMS 22301 for Business Continuity Management, further underscoring its dedication to operational excellence and security.

Speaking on the achievement, Acting Managing Director and CEO of NOVA Bank, Mrs. Chinwe Iloghalu, described the certification as a pivotal moment for the Bank and its customers.

“This certification underscores NOVA Bank’s unwavering dedication to maintaining the highest global standards in cybersecurity. As we continue to innovate with customer-centric retail products, cybersecurity remains at the heart of our operations. Our customers can rest assured that their data and transactions are protected by some of the most advanced security frameworks in the industry. Trust is built on security, and NOVA is committed to providing a secure, reliable, and innovative banking experience,” Mrs Iloghalu stated. The Bank’s Executive Director for Operations and Information Technology, Dr. David Isavwe, who also serves as the President and Chairman of the Board of Trustees for the Information Security Society of Africa, Nigeria (ISSAN), emphasized the broader implications of the certification.

“The ISO 27032 certification highlights NOVA Bank’s proactive approach to addressing cybersecurity challenges. It demonstrates our readiness to protect against evolving threats and our ability to adapt to the dynamic landscape of digital banking. This certification reinforces our commitment to delivering secure and uninterrupted services to our valued customers,” Dr. Isavwe remarked.

This milestone aligns with NOVA Bank’s overarching strategy of integrating cutting-edge technology with its trademarked Phygital model—seamlessly blending physical and digital banking experiences, while maintaining an unwavering focus on customer trust and satisfaction.

As the bank prepares to launch a series of innovative retail banking products, this certification highlights its dedication to prioritizing cybersecurity, ensuring a secure and seamless banking experience for all its customers.

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BIG STORY

JUST IN: Customs Hands Over 21 Stolen Vehicles To Canadian Government

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The Nigerian Customs Service (NCS) has transferred 21 stolen “Sport Utility Vehicles” (SUVs) and other assorted vehicles to the Canadian Government, following their recovery from various locations across the country.

 

More to come…

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Former Kogi Governor Yahaya Bello Now In Our Custody — EFCC

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The Economic and Financial Crimes Commission (EFCC) has revealed that former Kogi State governor, Yahaya Bello, has been detained in the agency’s custody for allegedly misappropriating over N110 billion in public funds.

The EFCC stated that the former governor appeared at its headquarters after months of ignoring invitations and avoiding court summons related to fraud connected to his administration.

EFCC spokesperson, Dele Oyewale, on Tuesday said that Bello had been detained and would be questioned about the allegations against him.

According to reports, Bello responded to the EFCC’s invitation on Tuesday, arriving at the EFCC office with his lawyers, but without his successor, Governor Usman Ododo, who had reportedly been shielding him from arrest.

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