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The Regulatory Framework Governing Immigration and Available Visas in Nigeria

By
Emmanuel Ifeanyi Ogbuka
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0

In keeping with the idea of the world as a global village, along with more fluid definitions of citizenship and International migration, immigration(which is simply the process of relocating to other countries with the intention of citizenship acquisition) has come to stay in the 21st century.

This explains why countries have well established legal frameworks to effectively regulate and ensure safety in immigration, which on the flip side can lead to illegal migrations that pose a risk to the security and well-being of the host country. 

This article will be focused on the Regulatory Framework governing Immigration in Nigeria, with a focus on :-

 – Which laws and government agencies control immigration in Nigeria.

 – The Visa categories available in Nigeria.

 – The acceptable methods of Visa application in Nigeria.

 – Grounds for the rejection of Visa applications in Nigeria.

 What makes up the Regulatory Framework governing Immigration in Nigeria?

 The Regulatory Framework governing Immigration in Nigeria is made up of :-

 – The Immigration Act of 2015.

 – The Immigration Regulations of 2017.

 – The New Visa Policy (NVP) 2020.

 – The Ministry of the Interior.

 – The Nigerian Immigration Service.

 – The Nigerian Investment Promotion Commission (NIPC).

What are the visa categories currently available in Nigeria?

 Visas in Nigeria are currently grouped into 3(Three) which are :-

 – Short Visit Visas(SVVs) :- Which generally last for a maximum period of 90 days and are granted for the purpose of making visits, tourist holidays and for the purpose of coming to Nigeria to render specialized services.

 This visa  category has at least 28 Visa subclasses.

– Temporary Residence Visas (TRVs) :- Visas under this category last for a maximum period of 2 years and are usually for the purposes of employment, business set-up and academic tourism.

 – Permanent Residence Visas (PRVs) :- Visas granted under this category last 5 years or more are usually granted to investors and highly skilled individuals.

What are the acceptable modes of Visa application in Nigeria?

 Visas in Nigeria can be applied for in the following ways :-

– Online/e-Visa Applications :- These are applications carried out on the Nigerian Immigration Service online portal which will entitle the applicant to an eTAL(Electronic Travel Authorization Letter).

This application option is available for SVV subclasses such as transit visas, journalist visas and visas for staff of international NGOs (Non-Governmental Organizations).

– Visa applications on arrival :- These are visas applications allowed at all Nigerian entry points usually open to frequent business travellers, passport holders/citizens of African Union (AU) member states, and emergency/relief workers.

 – Applications at Nigerian Diplomatic Missions or Embassies :- This application method is available for all visa categories and made online via submitting with the Visa application supporting documents.

 Applications of this nature can also be carried out at recognized visa application offices in some countries.

Can entry into Nigeria be denied to foreigners and if so, on what grounds?

 Yes, entry into Nigeria can be denied to foreigners on the basis of :-

 – Categorization as a prohibited immigrant.

 – Having no valid visa.

 – On health grounds (the prevention of public health outbreaks or epidemics).

 How do i find out more about the immigration and citizenship acquisition regulations of Nigeria and other countries?

You can find out more about the available visa categories in other countries and more about Nigerian Immigration laws by booking a Consultation with an immigration lawyer.

Pancakeswap Biswap Uniswap Toon Finance 2023 Biggest Player in the Space

By
TI Partners
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0
TEHRAN, IRAN - JULY 19: (RUSSIA OUT) Russian President Vladimir Putin leaves his presidential plane during the welcoming ceremony at the airport, on July 19, 2022 in Tehran Iran. Russian President Putin and his Turkish counterpart Erdogan arrived in Iran for the summit. (Photo by Contributor/Getty Images)

The decentralized finance space is heating up and shows no signs of slowing down. With the launch of numerous protocols and platforms, it can be hard to keep track of which projects are worth paying attention to. However, one project that is sure to make waves in the coming year is Toon Finance.

Going toe to toe with the BIG BOYS – Toon Finance.

Pancakeswap, Uniswap & Biswap are all decentralized exchanges launched in 2020 on the Binance Smart Chain. All three platforms offer swaps between cryptocurrencies, but they each have unique features that set them apart. Pancakeswap is the first cross-chain DEX on the Binance Smart Chain and offers a Fiat-to-Crypto gateway. Uniswap is a fully decentralized exchange that does not require an order book or central liquidity pool. Biswap is a decentralized exchange designed specifically for Binance Coin (BNB). Toon Finance is a cross-chain DEX that supports multiple blockchains, including Binance Smart Chain, Ethereum, and Tron. It also offers a Staking platform and an NFT marketplace. Although still on it’s presale, Toon Finance has proven it’s potential and since has sold out stage 1 of their ICO.

Here are some of the reasons why people are participating in Toon Finance’s presale:

  • Toon Finance is backed by a team of experienced developers and advisors.

Toon Finance is backed by a team of experienced developers and advisors. With more than a decade of combined experience in the financial industry, they are well-positioned to develop a cutting-edge platform that meets the needs of today’s investors. In addition, their advisory board includes some of the most respected names in the industry, which gives them a clear advantage over other projects that are still in development. With all of these factors working in their favor, it’s no wonder that Toon Finance is already ahead of the game.

  • Toon Finance’s presale offers a discount on the TFT token.

Toon Finance’s presale offers a big discount on the TFT token, making it an optimal time to buy. However, the presale is running out, and the price of the token is expected to skyrocket after it ends. As a result, interested investors should act quickly to secure their place in the presale. By doing so, they will be able to take advantage of the big discount and lock in their position before the price starts to rise.

  • The Toon Finance protocol is built on the Ethereum blockchain, ensuring security and transparency.

The Toon Finance protocol is built on the Ethereum blockchain, ensuring security and transparency. Flawless security is essential for any financial system, and the Toon Finance protocol is backed by a team of experts with years of experience in cryptography and security research. The Toon Finance protocol is also ironclad, with multiple layers of security to protect against attacks. Ethereum is the most secure and reliable blockchain platform available, and the Toon Finance protocol takes full advantage of its features. As a result, the Toon Finance protocol is secure, transparent, and reliable.?

  • The Toon Finance protocol has been audited by several independent security firms.

The Toon Finance protocol has been audited by several independent security firms because the development team wants to ensure that the protocol is secure. The expert auditors have found that the protocol is truly decentralized and that it has several advantages over other protocols. One advantage is that the Toon Finance protocol is more resistant to attacks because it is distributed across many nodes. Another advantage is that the fees charged by the Toon Finance protocol are much lower than the fees charged by other protocols. The accredited security firms have also verified the reliability of the Toon Finance protocol. This means that users can trust that their funds will be safe when they use the Toon Finance protocol.

  • They have just launched their billboard campaign planning to put up 70 billboards in total

Toon Finance have just launched their billboard campaign planning to put up 70 billboards in total. This is a fantastic development that will help seize the opportunity of the booming economy. The company has taken a bold move by investing in this supreme initiative. It is a tremendous investment that will have a monumental impact on the company’s marketing efforts. This being a meme coin, they have always been known for their great sense of humor, and this campaign will only bolster that reputation. With such a large-scale investment, Toon Finance is poised to take advantage of the booming economy and emerge as a leader in the DeFi industry.

In conclusion, Toon Finance’s extraordinary ability to go mano-a-mano with the biggest players in the industry before even launching is proof of its big potential to be the number 1 go to entity in WEB3 in the near future. Its fierce team has built strong relationships with iconic projects and organizations such as Polkadot, Web3 Foundation, and Binance. This unique position gives Toon Finance an advantage over its competitors. We are confident that Toon Finance will continue to grow and succeed in the years to come. Thank you for reading.

To participate in Toon Finance’s presale, here are the links below:

Website: https://toon.finance/

Presale: https://buy.toon.finance/

Twitter: https://twitter.com/ToonSwapFinance

Telegram: https://t.me/ToonSwapFinance

CoinMarketCap: https://coinmarketcap.com/currencies/toon-finance/

Become a neobank and offer banking services to your customers with Kladot

By
Ndubuisi Ekekwe
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0
TEHRAN, IRAN - JULY 19: (RUSSIA OUT) Russian President Vladimir Putin leaves his presidential plane during the welcoming ceremony at the airport, on July 19, 2022 in Tehran Iran. Russian President Putin and his Turkish counterpart Erdogan arrived in Iran for the summit. (Photo by Contributor/Getty Images)

We launched this in Texas, USA, and within 3 weeks, we have more than 35,000 users. But Kladot does not just help you get a US, etc bank account, it can help your company become a bank itself. Yes, anywhere there is a digital platform, on the power of our APIs, you can offer banking services, irrespective of  your location and primary business domain.

When you integrate our APIs in your portal, your customers can have USD, Euro, GBP, etc bank accounts. Yes, in that ecommerce platform, those customers can have a foreign bank account to help their international business missions. In that freelance platform, we can make it possible for you to offer them banking services like remittance, wire transfer, virtual & physical USD cards, etc.

Become a bank with Kladot, the neobank that powers mini-neobanks. Ask for Kladot API here . Tekedia Capital funds new species of companies around the world; learn more here . 

Do you think we should have Tekedia Bank? Yes, right in your course dashboard, you can do banking, with APIs we have created via Kladot. Rethink banking of the future! Banking is important but we do not need to have banks as we do today. It must not be a standalone system, rather an embedded entity which can be fused into the line of your daily activities.

With Kladot, you can open a US bank account from Nigeria or anywhere in Africa.

Electric Taxi Hailing Service NopeaRide Liquidates Following the Declaration of Insolvency From Majority Shareholder

By
Ojukwu Emmanuel
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0

NopeaRide, a Kenyan taxi-hailing service, and electric mobility have wound up its operations, due to the declaration of insolvency by its majority shareholder EkoRent Oy, in Finland.

As a result of this, Infraco limited, the minority shareholder filed for the liquidation of Eko Rent Africa limited, a subsidiary of the company in Kenya’s high court.

This upheaval negatively impacted NopeaRide as it struggled to stay afloat, which forced it to take away its fleet of cars off the road, shutting down its operation.

The company said in a statement,

“We have taken our fleet of electric vehicles off the road and have notified our staff and corporate clients. We are now working with relevant authorities to ensure that our operations are wound up in accordance with local legislation,” said NopeaRide in a statement.

“We would like to extend our deepest regret to our dedicated team of staff and drivers. We would also like to thank our loyal NopeaRide customers, corporate clients, and other partners who have supported NopeaRide’s vision for electric mobility in Africa.”

NopeaRide was Africa’s first electric taxi company and delivery service with its operations in Kenya. The company through its electric vehicles was on a mission to provide environmentally friendly mobility solutions and clean energy services.

In 2021, NopeaRide announced that it would increase the number of cars in its fleet from 30 to 100 as part of a growth strategy.

In the first quarter (Q1) of 2022, NopeaRide traffic numbers grew exponentially as it began to put more effort into its corporate segment as most of its employees signed contracts with a few big international companies, some of them potentially reserving the majority of available Nopea capacity.

Since its launch 5 years ago, the startup has imported 70 electric vehicles to Kenya that had driven more than 4 000 000 kilometers by June 2022, saving over 650 tons of CO2 emissions.

NopeaRide also operated the largest electric vehicle charging network in East Africa.

Tesla EV Market Shares Predicted to Decline by 2025, Due to More Affordable Options

By
Ojukwu Emmanuel
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0

Following the arrival of more affordable EV models, analysts predict that the top-selling electric vehicle brand in the U.S, Tesla, will witness a decline of 20% in its market share by 2025.

The company’s share price declined by more than 40% since the start of 2022, performing worse than the Nasdaq index.

It reported a total revenue of $21.45 billion for the third quarter, as its shares fell nearly 5.5% in pre-market trading, falling short of analyst estimates of $21.96 billion.

However, the automotive Electric car company no doubt remains the top-selling brand for Electric Vehicles (EV) models in the U.S., as recent data reveals that it still dominates 65% of the market share.

Out of more than 525,000 Electric Vehicles (EVs) registered in the first nine months of 2022 in the U.S., about 340,000 were Tesla vehicles.

An analysis by Electrek, an American news website dedicated to electric transportation and sustainable energy, stated that so far, Tesla has been able to produce EVs in large volumes which is the reason for its domination.

The website said, “It’s all about production volume. Whichever automaker is able to produce compelling EVs in large volume is going to dominate, and so far that’s Tesla. There’s no doubt about it.”

However, its dominance is predicted to be eroded, as some of these new EV models from other automakers are expected to reach high-volume production within the next three years, which will challenge Tesla’s dominance in the U.S.

The brand is showing the expected signs of shedding market share as more entrants arrive with affordable prices. As Musk focuses attention on carry out various revamp on his recently acquired micro-blogging platform Twitter, Tesla shares closed down by about a point to $180 on Tuesday.

Also, much of Tesla’s share loss is to EVs available in a more accessible MSRP range – below $50,000, where Tesla does not yet truly compete.

Tesla’s position is changing as new and more affordable options arrive, offering equal or better technology and production build.

During the company’s third-quarter earnings call in October, Musk said Tesla was finally working on a new, more affordable model that he first teased in 2020.

S&P noted that the growth in EVs is largely coming from current owners of Toyota and Honda vehicles. Both of the automakers are well-known for fuel-efficient vehicles but have been slow to transition to all-electric models.

In China, Tesla has slashed starting prices for its model 3 and model Y cars by 9% following the growing competition of EV makers in the country, as analysts project slow sales in 2023.

Analysts at China Merchants Bank International (CMBI) have disclosed that 2023 would bring more competition to the EV sector, stating that it is expected to see sales growth for EVs and hybrids on a combined basis to drop below 50%.

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