How the UK Earned Over $24 Million from Nigerian Visa Applications in One Year

- In Q4 2022, one in 31 applications from Nigeria was rejected.
- By Q4 2023, this rejection rate had worsened to one in eight.
- The number of visas issued to Nigerians fell by 63% compared to the same period in 2022.
- In the 2023/2024 academic year, 20,029 Nigerian students enrolled in U.S. institutions.
- This marked a 13.5% increase compared to the previous academic year.
- Nigeria became the seventh-largest source of international students globally and the highest in Africa.
Contact us if you are interested in Citizenship by Investment
Our expert advisors will have a 1-on-1 consultation to find the best solutions for you and your family and guide you through the procedure.
Conclusion
The UK earned over $24 million from Nigerian applications in one year. However, stricter immigration rules and higher rejection rates are pushing many Nigerians to explore other destinations like the U.S. The new Visa Application Centre in Lagos may signal improved services, but the UK must address growing concerns about accessibility and fairness.
Share this blog
Frequently Asked Questions
Related Articles
Multiple Passports: The New Essential Tool for Wealth and Security
In today’s unpredictable world, a single passport may not be enough. For high-net-worth individuals, multiple passports have become a critical…
How EU Visa Ban on Russia Sparks Demand for Second
When borders close and visa rules change overnight, only those with a second passport stay truly free. The EU’s recent…
Mozambique Introduces Investor Visa Starting at $500,000 USD
Mozambique has just introduced a new investor visa, offering long-term residency to foreign investors contributing to key sectors like tourism,…
Grenada’s Golden Passport Shift: Less Volume, More Value
Grenada’s Citizenship by Investment (CBI) program is seeing fewer applicants in 2025 but each approval is generating record-high revenue. Stricter…
Why HNWIs Are Choosing Dubai Over Traditional Finance Hubs
As traditional financial centers tighten regulations and raise taxes, high-net-worth individuals (HNWIs) are turning to Dubai for its unmatched combination…
20% Exit Tax Proposed for Wealthy Individuals Leaving UK
The UK is considering a 20% exit tax on wealthy individuals who leave the country, aiming to raise £2 billion…
