International

PARIS SUMMIT: Africa Remains Centrepiece of Nigeria’s Economic, Foreign Policy – President Tinubu

Published

3 years ago

June 23, 2023

437 Views

Nigerian President, Bola Ahmed Tinubu has on Friday in Paris-France said Nigeria will sustain its spotlight on African countries as the fulcrum of its policies on economy and foreign policy, assuring that trade issues, security and border controls will be mutually implemented.

While receiving the President of Benin Republic, Patrice Talon, after the Summit on New Global Financing Pact, President Tinubu noted that bilateral relations with African countries, particularly at the sub-regional level will be enhanced for shared benefits in areas of security, health, energy, education and diplomacy.

Tinubu said: “We are ready to improve relations. Africa has been the centrepiece of Nigeria’s foreign policy,” he said.

“I believe in Africa. We have the necessity to grow the continent. The world’s economy is wobbling, and Africa has been left behind. On risk factors, Africa is always placed high, with higher interest rates on borrowing. We are always classified as high risk. We must work together for systematic recovery and growth,” he added.

President Tinubu described Nigeria’s relations with Benin as that of siamese twins, joined at the hips, and supported by other friendly countries.

“We must recognise the fact that we need each other. We are in a loop and no one should separate us, ” he stated, assuring that his administration will always be open and accessible to all neighbouring countries.

“I just appointed someone who will work with you as Comptroller General of Customs, Adewale Bashir Adeniyi, and he will be available for our common interest,” the President noted.

The President of Benin said he was inspired with renewed hope for the sub-region and Africa at the inauguration of President Tinubu in Abuja, pledging to provide support on trade and security policy, especially at the borders.

“We are prepared to work with you, Your Excellency, in implementing policies that will protect our economies at land and sea entries. Whatever is forbidden in Nigeria will also be forbidden in Benin,” Talon added.

President Tinubu also had bilateral meetings with Swiss President, Alain Berset, and President of the African Development Bank, Dr Akinwunmi Adesina.

Related Topics:Featured Paris Summit Tinubu

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International

US Releases Full List, Identities of Nigerian, Firms Designated as Terrorist Financiers

Published

20 hours ago

June 23, 2026

Charles Flames

12 Views

The United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) has announced new sanctions targeting individuals and entities accused of facilitating financial support for the Islamic State of Iraq and Syria (ISIS) and its West Africa affiliate (ISIS-WA).

The designations, issued on June 22, 2026, focus on a Nigerian national and several Lagos- and Kano-based bureau de change (BDC) firms.

According to the US Treasury, these actions aim to disrupt ISIS’s decentralised financial networks that enable the group to move funds across regions, including West Africa, to support terrorist operations.

Key Designations from the US Sanctions List:

Mukhtar Adamu Muhammad (also known as Muhammad Mukhtar Adamu or Adamu Mukhtar Muhammad): A Nigerian national born on August 2 or 3, 1990. He resides at No. 45, Abimbola Street, off Capital Road, by Morcas, Agege, Lagos State, Nigeria. Designated as an ISIS-WA financial facilitator who has conducted money transfers on behalf of the group. He holds Nigerian passports A11904741 and A07422697.

Associated Entities (Bureau de Change Firms):

Generation Currency Bureau De Change Limited: Based in Lagos, Nigeria. Established January 9, 2019. Registration Number RC 1555604. Owned, controlled, or directed by Muhammad.
Manhattan Bureau De Change Limited: Located at No. 59 Murtala Mohammed Way, Wapa, Kano, Nigeria. Established January 26, 2021.
Nine To Nine Exchange Bureau De Change Limited: Located at Block 7, FAAN Complex, Airport Road by Beesam Bus Stop, Ikeja, Lagos State, Nigeria. Established August 22, 2017. Registration Number RC 1462752.

These entities are accused of acting on behalf of Muhammad to support ISIS-WA activities through money service businesses.

The sanctions were imposed under Executive Order 13224, as amended. As a result, all property and interests in property of the designated persons and entities within US jurisdiction are blocked. US persons are generally prohibited from engaging in transactions with them, and foreign financial institutions risk secondary sanctions for significant dealings.

This latest action forms part of a broader global effort by the US to target ISIS financial facilitators operating in Europe, the Middle East, and Africa. Nigerian authorities have been intensifying domestic measures against terrorism financing, including their own sanctions lists on BDCs and individuals.

No immediate official reaction from the Nigerian government or the affected individuals was available as of press time. Affected parties can petition OFAC for removal from the list if they meet delisting criteria.

International

US warning Nigerian visa defaulters

” Whether you’re studying, working, or visiting the United States, always honour the terms of your visa. Follow the rules. Stay only for as long as you are authorized. Keep your documents updated,”

Published

1 day ago

June 23, 2026

OCHEFA

37 Views

The United States Mission in Nigeria has advised Nigerian travellers to comply fully with the terms of their visas, warning that violations could affect their chances of travelling, studying or working in the country in the future.

The mission gave the advice in a message posted on its official X account under the #VisaWiseTravelSmart campaign, urging visa holders to stay only for the period approved by US immigration authorities.

It said adherence to immigration rules remained important for Nigerians seeking to preserve future opportunities in the United States.“Staying compliant with U.S. immigration laws isn’t just the right thing to do; it protects your future and keeps opportunities open for Nigerian travelers,” the mission said.

The embassy urged visitors, students and workers to keep their travel documents valid, comply with visa conditions and avoid actions that could lead to future ineligibility.

“Whether you’re studying, working, or visiting the United States, always honour the terms of your visa. Follow the rules. Stay only for as long as you are authorized. Keep your documents updated,” the post added.

International

Japan hikes visa fees first time since 1978

The visa fee revisions – the first since 1978 – were made to “reflect inflation and exchange rate fluctuations”, said Foreign Minister Toshimitsu Motegi.

Published

2 days ago

June 22, 2026

OCHEFA

44 Views

Japan has implemented a five-fold increase to visa fees for all foreigners, marking the first price hike in nearly 50 years.

From 1 July, single-entry visa fees will be raised from the current 3,000 yen ($18.69; £14) to 15,000 yen, while multi-entry visas will now cost 30,000 yen, up from 6,000 yen.

The visa fee revisions – the first since 1978 – were made to “reflect inflation and exchange rate fluctuations”, said Foreign Minister Toshimitsu Motegi.

“We do not anticipate that it will have an immediate impact on inbound tourism,” he added.

The Japanese yen has been weakening continually since 2021, and is now hovering near historic 40-year lows.