business

UAE Imposes New Entry Restrictions on Nigerians, Suspends Transit Visas

Published

2 months ago

July 11, 2025

UAE Tightens Visa Restrictions on Nigerians, Suspends Transit Visas and Imposes Stringent Tourist Entry Rules

The United Arab Emirates (UAE) has introduced a new set of visa restrictions targeting Nigerian nationals, a move expected to significantly curtail travel between the two countries. Effective immediately, the UAE has suspended the issuance of all transit visas to Nigerian passport holders and introduced stricter conditions for tourist visa applications.

According to travel industry sources, Nigerians aged 18 to 45 are now barred from applying for tourist visas unless they are traveling as part of a group or with family members. Solo travelers within this age group will no longer be considered for tourist entry under the new policy.

For Nigerian applicants aged 45 and above, the UAE has introduced a stringent financial requirement. Individuals must submit a six-month personal bank statement, with each month showing a minimum balance of $10,000 (or the equivalent in naira). The account must be personal and solely owned—joint or business accounts are not accepted.

These new measures are anticipated to significantly reduce Nigerian travel to Dubai and other UAE destinations, which have long been popular for business, tourism, shopping, education, and medical travel. Travel consultants in Nigeria have expressed concern, noting that the high financial threshold and travel group requirement will exclude many legitimate travelers, especially young entrepreneurs and first-time visitors.

“This policy change is a major setback for Nigerians who frequently travel to the UAE,” said a Lagos-based travel advisor. “It particularly affects individuals who can’t meet the high financial bar or prefer to travel independently.”

While UAE authorities have not publicly disclosed the reason behind the latest visa restrictions, industry insiders suggest the move may be driven by immigration management concerns, particularly regarding overstays and undocumented workers. In recent years, the UAE has repeatedly adjusted its visa policies toward Nigerians, often citing security and regulatory concerns.

In 2022, visa issuance to Nigerian citizens was temporarily suspended following reports linking some travelers to criminal activities. Although the suspension was later lifted under stricter conditions, the current directive marks a notable escalation.

The timing of the policy has sparked debate among African travelers, many of whom view it as part of a growing trend of mobility restrictions targeting African nations. For Nigerian small business owners, traders, students, and families, Dubai has long served as a gateway to global commerce and lifestyle opportunities.

As of now, there is no official indication of how long the restrictions will remain in effect, and Nigerian authorities have yet to issue a formal response. However, diplomatic engagement is expected in the coming weeks, as travel stakeholders seek clarification and possible resolution.

In the interim, travel agencies are advising Nigerians to pause all UAE visa applications until further notice and await official communication regarding any updates or reversals to the policy.

business

Discover Life-Changing Digital Products You Can Buy Today on Selar

Published

2 weeks ago

September 1, 2025

globa_admin

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business

We are Hiring: Social Media Growth Ambassadors (2 Positions)

Published

4 weeks ago

August 18, 2025

globa_admin

Remote | Part-Time or Flexible Hours

Are you active on social media and passionate about business, jobs, and opportunities?
Do you know how to attract attention, spark engagement, and drive traffic online?
Then this opportunity is for you!

Role Overview:

We are looking for 2 dynamic individuals to serve as Social Media Growth Ambassadors for GlobabizEmpire.com — a trusted online platform for global jobs, business insights, and income opportunities.

Key Responsibilities:

Promote GlobabizEmpire.com consistently on Facebook, Instagram, WhatsApp, TikTok, or X
Share daily job updates, business news, and smart money tips from the website
Drive website traffic using content, trends, reels, and referral links
Respond to DMs/comments and convert viewers into website visitors
Provide weekly reports on reach, impressions, and traffic performance

What You’ll Need:

A strong presence on social media (min. 2,500 followers on at least one platform)
Great communication skills and social media creativity
Consistency and accountability
Passion for helping people grow their careers or income

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Monthly stipend + performance-based bonus
Opportunity to grow your personal brand with us
Free digital training + content materials
Certificate of Digital Advocacy (upon successful campaign)

How to Apply:

Send us a message with:

Your full name
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Screenshot of your past engaging post (if available)

Email: [email protected]
WhatsApp: +234 8153507382
Deadline: August 22, 2025

business

NEXIM Bank and SMEDAN Partner to Strengthen SME Export Capacity Nationwide

Published

2 months ago

July 25, 2025

globa_admin

NEXIM Bank and SMEDAN Sign Landmark MoU to Boost SME Export Growth in Nigeria

In a bold move to strengthen Nigeria’s small business ecosystem, the Nigerian Export-Import Bank (NEXIM) and the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) have signed a groundbreaking Memorandum of Understanding (MoU) aimed at accelerating the growth and global competitiveness of Small and Medium Enterprises (SMEs) across the country.

A Strategic Partnership for Economic Transformation

This MoU formalizes a strategic alliance between NEXIM and SMEDAN, focusing on:

Export financing and access to global markets
Tailored financial products for SMEs
Capacity-building and training programs
Promotion of Made-in-Nigeria products internationally

The collaboration is expected to streamline trade facilitation and offer Nigerian SMEs the tools and support needed to thrive in international value chains.

Empowering SMEs for Global Competitiveness

Speaking at the signing ceremony, Abba Bello, Managing Director/CEO of NEXIM Bank, emphasized the significance of this partnership in preparing Nigerian SMEs to compete globally, particularly under the African Continental Free Trade Agreement (AfCFTA).

“This collaboration with SMEDAN is a critical step in our mission to empower Nigerian SMEs. By combining our financial instruments with SMEDAN’s development expertise, we are creating a robust support framework that enables small businesses to scale and succeed in export markets,” Bello said.

Removing Barriers and Unlocking Opportunities

On his part, Charles Odii, Director-General of SMEDAN, noted that the agreement will help eliminate major hurdles that have long hindered SMEs from tapping into international markets.

“Our goal is to ensure Nigerian SMEs have not just the skills but also the financial backing to grow. This MoU with NEXIM Bank paves the way for real participation in global trade,” Odii remarked.

He also outlined key focus areas of the collaboration:

Providing export-oriented financing solutions
Offering expert training and advisory services
Simplifying export processes for MSMEs

🇳🇬 Aligning with Nigeria’s Economic Diversification Agenda

This partnership supports the federal government’s broader vision of economic diversification and inclusive growth, particularly through public-private partnerships that empower micro, small, and medium-sized enterprises (MSMEs).

About the Agencies

NEXIM Bank, established under Act 38 of 1991, is Nigeria’s official Export Credit Agency, providing financing, risk management, and advisory services to support the development of non-oil exports.

SMEDAN, created by the SMIDA Act of 2003, is the federal government’s leading institution tasked with fostering the growth, sustainability, and global competitiveness of MSMEs across Nigeria.