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Visa bond Nigeria: Britain reconsiders £3,000 Visa bond

British Prime Minister David Cameron has halted the controversial plan by his country to demand a £3,000 bond from each visa applicant from ‘high risk countries’. Under the proposal canvassed by Britain’s Home Secretary, Theresa May, as part of efforts to cut immigration and abuses of the system, first time visitors from Nigeria, Bangladesh, Sri […]

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Nigeria tops in Africa for second year on FDI

The United Nations Conference on Trade and Development (UNTAD) yesterday ranked Nigeria Africa’s number one destination for Foreign Direct Investment (FDI) in Africa for the second time in two years. The latest UNCTAD report, entitled, “Global Value Chains: Investment and Trade for Development”, put Nigeria’s FDI inflows at $7.03billion while South Africa recorded $4.572bn; Ghana, […]