Canada – Tech | Business | Economy https://techeconomy.ng Tech | Business | Economy Thu, 09 Apr 2026 15:37:36 +0000 en-GB hourly 1 https://wordpress.org/?v=7.0 https://techeconomy.ng/wp-content/uploads/2025/06/cropped-256Px-32x32.png Canada – Tech | Business | Economy https://techeconomy.ng 32 32 Canada Raises Residency, Citizenship Fees as Relocation Costs for Nigerians Hit ₦25m https://techeconomy.ng/canada-raises-residency-citizenship-fees-as-relocation-costs-for-nigerians-hit-%e2%82%a625m/ https://techeconomy.ng/canada-raises-residency-citizenship-fees-as-relocation-costs-for-nigerians-hit-%e2%82%a625m/#respond Tue, 31 Mar 2026 06:57:15 +0000 https://techeconomy.ng/?p=178718 For thousands of Nigerians planning a new life abroad, the dream of Canada just became more expensive.

In a move that signals shifting priorities in its immigration system, Canada has announced increases in fees for permanent residence and citizenship applications, changes that could reshape the financial realities for prospective migrants.

A Dream Repriced

For many Nigerians, relocating to Canada is not just a decision, it is a carefully calculated journey involving years of planning, savings, and sacrifice.

But as of 2026, that journey comes with a higher price tag. The Canadian government confirmed that new fee adjustments will take effect between March and April 2026, affecting applicants across multiple immigration categories, including permanent residency and citizenship.

While the policy applies globally, its ripple effects are particularly significant in Nigeria, where Canada remains one of the most sought-after destinations for migration.

What the Numbers Reveal

Even before the increase, the cost of migrating to Canada was already substantial.

A single applicant, for instance, typically pays around CAD $1,525 for permanent residence processing, excluding additional expenses such as biometrics, medical tests, and language assessments.

Citizenship applications also carry notable costs, with adult applicants paying approximately CAD $649.75.

When combined with other requirements, proof of funds, travel costs, and settlement expenses, the total cost of relocation from Nigeria can range between ₦6 million and ₦25 million, depending on the pathway.

The fee increase, therefore, does not exist in isolation, it compounds an already expensive process.

Who It Affects, and Who it Doesn’t

There is, however, a narrow window of relief.

Applicants who submitted their applications before the new fees take effect will not be impacted by the increase, preserving the costs they originally paid. But for new applicants, the message is clear: timing matters more than ever.

Nigeria’s Migration Reality

The development comes at a time when migration, popularly referred to as “japa”, continues to shape conversations among Nigerian youth and professionals.

Canada, in particular, has remained a top destination due to its structured immigration pathways, economic opportunities, and openness to skilled workers.

With plans to admit hundreds of thousands of new immigrants annually, Canada still needs foreign talent.

However, the rising costs may act as a filter, potentially limiting access for lower-income applicants while favouring those with stronger financial capacity.

Beyond Fees: A Strategic Shift

The increase in fees also reflects a broader recalibration of Canada’s immigration system.

By adjusting costs, the government may be seeking to:

  • Manage application volumes
  • Improve processing efficiency
  • Increase revenue to support immigration infrastructure

For applicants, however, the interpretation is more personal, it raises the bar for entry.

For many Nigerians, the journey to Canada has always required resilience. From writing IELTS exams to gathering proof of funds, the process is as demanding as it is aspirational.

Now, with higher fees, that journey demands even greater financial readiness. Yet, despite the rising costs, the appeal of Canada remains strong.

Because beyond the numbers lies a deeper pursuit, of stability, opportunity, and a better future.

As Canada recalibrates its immigration system, Nigerian applicants must now navigate a more expensive pathway to relocation.

The rules have not changed, but the cost of the dream has. And in a world where migration is increasingly competitive, preparation, timing, and financial strategy will determine who crosses the threshold, and who waits.

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REPORT: How Major Shifts in International Education Sector Will Impact Nigerian Students in 2026 https://techeconomy.ng/how-major-shifts-in-international-education-sector-will-impact-nigerian-students-in-2026/ https://techeconomy.ng/how-major-shifts-in-international-education-sector-will-impact-nigerian-students-in-2026/#respond Wed, 10 Dec 2025 06:51:15 +0000 https://techeconomy.ng/?p=172451 ApplyBoard, the leading international student mobility technology platform, has just released its 2026 Trends Report: Building and Rebuilding Global Education.

This annual report highlights how international students are becoming increasingly strategic in their study abroad choices, prioritizing affordability, employability, and policy stability over prestige or tradition.

According to the report, while global demand for international education remains strong, volatility in major destination policies and economic headwinds are forcing students and families in Nigeria to re-evaluate their return on investment (ROI) more closely than ever.

“The decision to study abroad is now, more than ever, a financial calculation,” said Meti Basiri, Co-Founder & CEO at ApplyBoard. “For international students, the focus has shifted toward tangible outcomes, affordable education, post-study work opportunities, and destinations that offer policy consistency. Our 2026 report equips them with the insights to make informed decisions about where to study and how to build successful global careers.”

Key Findings: Financial Strategy and Career Outcomes Driving Student Mobility

Financial Pressures and Affordability Take Center Stage
Rising tuition fees and higher proof-of-funds requirements in traditional “Big Four” destinations (Canada, the US, the UK, and Australia) are forcing students to rethink their options.

  • Germany and Ireland are now widely viewed as some of the most affordable destinations, offering lower tuition fees and flexible post-study work windows.
  • France and Spain are attracting record enrolments, supported by national housing initiatives and simplified student visa routes.

Changing Pathways in Established Markets

Policy tightening continues to disrupt the traditional flow of international students to English-speaking countries.

  • In Canada, new study permit issuances are projected to fall by 54% year-over-year in 2025 , while post-graduation work permit (PGWP) issuances could decline by 30%.
  • Australia and the UK are maintaining stable volumes but face tempered demand amid stricter compliance standards and higher living costs.

The Rise of Stable Alternatives

Six in Ten Kenyan Professionals are Willing to Work Abroad
Source: Depositphotos

Non-Anglophone destinations are refining their policies to welcome record numbers of students

  • Germany surpassed 400,000 international students in the winter 2024/25 semester, supported by strong study-to-work transitions and dual citizenship reforms.
  • France is planning to host 30,000 Indian students by 2030, pairing ambitious goals with clear employment pathways and centralized housing support.
  • South Korea and the United Arab Emirates are rapidly expanding international student enrolments through extended work rights and streamlined immigration processes.

Global Job Vacancies Reflect Uneven Recovery

The global job market awaiting new graduates is fundamentally weaker than in recent years:

  • Weak Global Economic Outlook: Most major financial institutions project a weak global economic outlook for 2026. The World Bank forecasts that the “2020s as a whole will have the slowest GDP pace of any decade since the 1960s,” signaling a challenging labor market for new graduates.
  • Anglophone Markets Tighten: Job markets in Canada, the UK, and the US are tightening significantly. In 2025, Canada and the UK both recorded a 14% decline in job vacancies year-over-year, while the US posted a 6% drop in vacancies, indicating a broad deceleration in hiring.
  • Australia remains the outlier, with 327,000 job vacancies in August 2025—48% above pre-pandemic levels, making it the most employment-resilient of the “Big Four.”
  • Across all destinations, the information technology sector shows the strongest resilience, while healthcare and social work employers, despite recent declines, continue to offer the largest overall number of job openings.

Shift Toward Future-Proof Skills and Career Readiness

Faced with uncertain job markets, international students are increasingly aligning their studies with specific workforce needs. International education counselors across the region expect a continued shift toward technology, cybersecurity, healthcare, and sustainability programs that offer global career relevance.

Workforce Integration as a Deciding Factor

Governments are supporting institutions’ efforts to embed work-integrated learning (WIL) opportunities into academic programs to help students gain practical experience before graduation.

  • In Canada, federal initiatives will fund 8,000 new WIL placements by 2028, creating direct industry linkages.
  • Similar efforts are underway in Australia, where universities are expanding credit-bearing internships to support graduate employability.

Navigating What’s Next

The report projects that global student mobility will continue to grow, with the potential to reach 10 million international students by 2030, but along more diversified and economically driven pathways.

Students from Nigeria will remain one of the most vital student populations shaping this future, with students becoming more discerning, data-informed, and career-oriented than ever before.

“Students are focusing on real outcomes, graduate employability, financial sustainability, and long-term security,” said Meti Basiri. “By understanding these global shifts, international students and families from Nigeria can make smarter decisions and position themselves for success in a rapidly changing world.”

You see the full “Building and Rebuilding Global Education” Trends Report here.

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SellYourMac Expands to Canada, Driving Sustainable Sale, Reuse and Recycling of Apple Devices https://techeconomy.ng/sellyourmac-expands-to-canada-sustainable-apple-device-recycling/ https://techeconomy.ng/sellyourmac-expands-to-canada-sustainable-apple-device-recycling/#respond Wed, 29 Oct 2025 14:16:51 +0000 https://techeconomy.ng/?p=170141 SellYourMac (SYM), a subsidiary of Other World Computing (OWC), has extended its reCommerce and IT asset transition services to Canada through the launch of SellYourMac Canada. 

The expansion supports SYM’s mission to promote the reuse, repurposing, and responsible recycling of Apple devices across North America.

The company’s expansion opens a simple and secure avenue for Canadians to sell their used Apple devices for competitive value, while supporting the global initiative to minimise electronic waste. 

SYM Canada will focus exclusively on Apple products, including MacBooks, iPhones, iPads, and accessories, allowing for more accurate device assessments and higher payouts compared to multi-brand resellers.

Jon Murphy, general manager, ITAD Other World Computing (OWC), said the company’s entry into Canada aligns with its focus on sustainability and trust. 

“Expanding to Canada allows us to extend our mission of reuse and sustainability to a new community of Apple users,” Murphy said. “We’ve helped more than 100,000 customers in the U.S. recoup value from their devices, and now Canadians can experience that same level of trust, convenience, and service – right in their own backyard.”

SYM Canada is set to purchase a wide range of Apple devices including MacBook, MacBook Pro, iMac, Mac Mini, and Apple TV. The company will not buy pre-Intel-based Apple computers but will ensure their responsible disposal through r2 and e-Stewards certified zero-landfill recycling partners.

Since its founding in 2006 and rebranding in 2009, SYM has grown into one of the most trusted companies in the used Apple device market. Operating from its 8,000-square-foot facility in Blue Ash, Ohio, the company has paid out over $68 million to more than 100,000 customers trading in their old Apple products.

As part of the Other World Computing (OWC) group, SYM benefits from a parent company with a long history of innovation in professional-grade technology solutions. 

OWC, established in 1988, is known for its storage, docking, and connectivity products designed for creative professionals and businesses.

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Nigeria Emerges Affordable Education Destination, Attracts Foreign Students – Report https://techeconomy.ng/nigeria-emerges-affordable-education-destination/ https://techeconomy.ng/nigeria-emerges-affordable-education-destination/#comments Tue, 01 Apr 2025 07:35:29 +0000 https://techeconomy.ng/?p=155957 As global interest in studying abroad continues to grow, the Spring 2025 edition of ApplyBoard’s Student Pulse Survey provides valuable insights into the evolving preferences of international students. 

With nearly 850 participants from 84 countries—including 469 respondents from 29 African nations—the survey highlights key trends shaping study destination choices, the increasing importance of affordability, and Nigeria’s growing appeal as an emerging study destination.

Notably, 56% of respondents were from African countries, reflecting the region’s strong engagement with international education opportunities.

Nigeria’s Growing Appeal as a Study Destination

Nigeria has emerged as a key player in the study abroad landscape, with a significant number of students now considering the country as a viable and attractive option for higher education.

In the latest survey, Nigeria was highlighted as one of the most popular emerging study destinations, ranking highly among students seeking more affordable alternatives to traditional study hubs like the United States, Canada, and the United Kingdom.

This shift is reflective of Nigeria’s increasing investment in post-secondary education, along with initiatives like the Tertiary Education Trust Fund, which has improved access to resources for students.

Furthermore, the growing recognition of Nigeria’s academic offerings, particularly in fields such as engineering, health sciences, and business, is contributing to its rise as a viable destination for international students.

Affordability is Central to Students’ Decisions

As living costs continue to rise globally, affordability has become a defining factor for students when selecting a study destination.

77% of students surveyed listed tuition fees as the most important consideration, well above concerns about graduate employability (57%).

This growing focus on affordability is prompting students to explore a wider range of destinations, and Nigeria’s appeal as an affordable study option is strengthening.

Despite the financial challenges, only 9% of students plan to defer their studies. Instead, many are looking for more budget-friendly options, with 26% of students considering alternative study destinations due to financial constraints.

In fact, Nigeria’s increasing recognition as an affordable (education) study destination is evident, with students expressing interest in the country for its lower tuition fees and growing opportunities for post-graduation work and research.

Emerging Study Destinations: A Shift in Preferences

While countries like the US, UK, Canada, and Australia remain top choices for students, there is a noticeable shift towards emerging study destinations. 35% of students are now considering destinations beyond the traditional study hubs, with Nigeria, alongside other countries like Finland and Denmark, making significant strides.

As students reassess their financial plans, many are turning to countries with more affordable tuition and lower living costs.

In a survey response, one student mentioned:

“Spain, Lithuania, and other European countries with lower tuition fees are now on my radar.”

This growing interest in countries like Nigeria shows that students are increasingly prioritizing value for money without compromising on the quality of their education.

Student Aspirations and Career Goals

In addition to affordability, the Spring 2025 survey sheds light on the career aspirations of international students.

Engineering continues to be a popular field, with software and civil engineering topping the list. The demand for health sciences, particularly nursing, is also on the rise.

This aligns with Nigeria’s increasing focus on developing specialized programs that prepare students for the demands of a globalized workforce.

Students are also looking for programs that will enhance their career prospects. The survey revealed that 57% of students prioritize high graduate employment rates when choosing a program.

For Nigerian students, this means greater opportunities to not only study abroad but also gain valuable work experience and contribute to the country’s growing education sector.

The Future of Nigerian Students in the Global Education Landscape

Nigeria’s prominence as an emerging study destination highlights the growing diversity of global education.

As more students from Nigeria and beyond look to study abroad, the shift toward more affordable and specialized academic programs will shape future trends.

With an eye on quality education and career opportunities, Nigerian students are well-positioned to thrive in this new landscape.

ApplyBoard’s Spring 2025 Student Pulse Survey highlights the evolving landscape of international education, with affordability and career-focused programs at the forefront of students’ decisions.

As Nigeria continues to emerge as a key study destination, students from Nigeria and across the world are exploring new and innovative educational opportunities that align with their aspirations and financial realities.

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REVEALED: Healthcare, STEM, Top Programmes Nigerians Study in Canada, UK and U.S. https://techeconomy.ng/revealed-healthcare-stem-top-programmes-nigerians-study-in-canada-uk-and-u-s/ https://techeconomy.ng/revealed-healthcare-stem-top-programmes-nigerians-study-in-canada-uk-and-u-s/#respond Sat, 15 Feb 2025 07:33:32 +0000 https://techeconomy.ng/?p=153206 A new report has shown that Nigerian students are increasingly aligning their academic interests with high-demand career sectors such as healthcare, engineering, and science, especially in Canada, United Kingdom and the United States.

The report by ApplyBoard, the leading international student mobility technology platform, tagged International Students Increasingly Interested in High-Demand Careers, ApplyBoard’s Internal Data Showscomprehensively analyzed international student search trends across Canada, the US, and the UK offering valuable insights into how Nigerian students are shaping their study choices.

With shifting policies and a changing global landscape, Nigerian students are increasingly aligning their academic interests with high-demand career sectors such as healthcare, engineering, and science.

Key Insights

Healthcare Surge in Canada and the US

  • In Canada, Nigerian student interest in healthcare programs grew significantly, aligning with the country’s increasing demand for healthcare professionals, with projected shortages in doctors and nurses.
  • For the US, health-related searches from Nigerian students rose dramatically by seven percentage points in 2024, now accounting for 20% of searches. This shift is reflective of the growing global focus on healthcare careers.
  • The UK also witnessed increased interest in healthcare programs from Nigerian students, a trend that mirrors broader workforce demands.

STEM Dominates in the US

  • Nigerian students remain committed to STEM fields, with 62% of the total number of Nigerian students in the US pursuing science, technology, engineering, and math courses.
  • Science-related searches surged in 2024, with 18% of Nigerian students searching for science programs, indicating a growing preference for this field.
  • Engineering and technology, despite a slight overall decline, remain key areas of interest for Nigerian students, with 17% exploring this sector, highlighting the global demand for STEM professionals.
Nigerians study STEM, Healthcare | Study in Canada, UK and U.S.
Nigeria | ApplyBoard Search Data

Growing Interest in UK Programs

  • Interest in UK programs from Nigerian students rose substantially in 2024, with healthcare, engineering, and science fields becoming increasingly popular.
  • Nigerian students’ searches for health-related programs in the UK saw a notable increase, up by five percentage points compared to the previous year, reflecting the sector’s growing demand in the UK’s expanding healthcare system.
  • As the UK experiences positive momentum in early 2025, Nigerian students are likely to play a central role in this recovery.

These insights underscore how Nigerian students are adapting their study choices to meet global job market demands, positioning themselves for careers in high-growth sectors.

As institutions in Canada, the US, and the UK look to recruit top international talent, focusing on these fields can help align student interests with workforce needs.

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Top 10 Countries Leading in Crypto Technology https://techeconomy.ng/top-10-countries-leading-in-crypto-technology/ https://techeconomy.ng/top-10-countries-leading-in-crypto-technology/#respond Mon, 06 Jan 2025 14:49:19 +0000 https://techeconomy.ng/?p=150641 ApeX Protocol recently revealed a thorough analysis of the countries topping blockchain and cryptocurrency innovation. 

Singapore was the first on the list, with a solid infrastructure and good works focused on the adoption of these technologies.

The study ranked nations using a composite index that incorporated key metrics, including blockchain patents, jobs in blockchain technology, and the number of crypto exchanges. To ensure fair comparisons, the data was adjusted relative to population size.

  1. Singapore

With a composite score of 85.4, Singapore leads the global rankings. Known for its progressive approach to technology, the country has over 2,400 blockchain-related jobs and 81 crypto exchanges. Its extensive patent activity further makes it a hub for innovation and adoption.

  1. Hong Kong

Scoring 82.7, Hong Kong combines financial expertise with blockchain integration. The city hosts 1,100 jobs in blockchain technology and 52 crypto exchanges, showing its huge role in the crypto economy.

  1. Estonia

Even though Estonia is one of the smallest countries on the list, it ranks third with a score of 81.5. Known for its digital-first policies, it has 95 blockchain patents, 52 exchanges, and 149 blockchain-related jobs, ascertaining that size is no barrier to innovation.

  1. Switzerland

A global innovator in decentralised finance, Switzerland scores 80.2. The country supports 440 blockchain jobs and operates 32 crypto exchanges, speaking loads about its status as a blockchain-friendly nation.

  1. United States

With the highest numbers across most metrics, the United States ranks fifth, scoring 79.8. It leads innovation with 32,000 blockchain patents, employs over 17,000 people in blockchain-related roles, and hosts 166 crypto exchanges.

  1. Canada

Canada takes sixth place with a score of 77.3. Its 1,200 blockchain patents and an equal number of jobs in the sector highlight its growing focus on blockchain technology. The country also operates 32 crypto exchanges, offering a stable market for cryptocurrencies.

  1. Australia

Scoring 76.8, Australia shows strong progress with 1,400 blockchain patents and 573 jobs in the field. Its 31 crypto exchanges further emphasise the country’s commitment to expanding its blockchain ecosystem.

  1. South Korea

With a score of 75.4, South Korea stands out for its commendable 18,000 blockchain patents, the second-highest on the list. However, its smaller workforce of 121 blockchain jobs and 29 crypto exchanges places it in the eighth position.

  1. United Kingdom

The UK secures the ninth spot with a score of 74.9. It has a strong presence in the crypto market, operating 95 exchanges and offering 2,673 blockchain-related jobs. The country’s 2,800 blockchain patents also reiterates its focus on innovation.

  1. United Arab Emirates (UAE)

The UAE rounds off the list with a score of 73.2. It has steadily grown its blockchain ecosystem, having 340 patents, 414 blockchain jobs, and nine crypto exchanges, focusing on strategic adoption rather than scale.

A spokesperson from ApeX shared their perspective on the findings: “Blockchain technology is no longer just a niche innovation; it has become a cornerstone for digital transformation across industries. The countries leading in this space are not just embracing the technology but are actively shaping its future. What stands out is how diverse approaches—whether through regulatory clarity, investment in talent, or fostering innovation—are paving the way for global adoption. This reflects a broader shift toward decentralization and transparency, which are becoming essential in today’s interconnected economy.”

To access the full research, please follow this link.

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Canada Unveils Tech Talent Strategy to Attract Foreign Experts https://techeconomy.ng/canada-unveils-tech-talent-strategy-to-attract-foreign-experts/ https://techeconomy.ng/canada-unveils-tech-talent-strategy-to-attract-foreign-experts/#respond Wed, 28 Jun 2023 15:27:44 +0000 https://techeconomy.ng/?p=105560 Canada has recently unveiled its inaugural tech talent strategy, which aims to attract foreign tech experts to the country’s thriving digital landscape.

The announcement was made by Sean Fraser, the Minister of Immigration, Refugees, and Citizenship, during the Collision 2023 event.

Under this strategy, Canada has introduced an “innovation stream” that offers open work permits for up to five years to highly skilled professionals in select high-demand occupations.

Additionally, the program includes employer-specific work permits for the same duration, benefiting individuals employed by companies that contribute to Canada’s industrial innovation objectives.

Canada’s status as the top destination for immigrant entrepreneurs has been reaffirmed by a 2023 report from the Organization for Economic Co-operation and Development, further establishing it as an appealing location for individuals seeking new opportunities.

The new pathways also extend opportunities to holders of the H-1B specialty occupation visa in the United States. They can now apply for Canadian work permits, as well as study or work permit options for their accompanying family members.

The Canadian work permit for H-1B visa holders will be available starting from July 16 and will remain open for one year or until Immigration, Refugee, and Citizenship Canada receive 10,000 applications.

It’s important to note that only principal applicants will count towards the application cap, not their accompanying family members.

Sean Fraser expressed enthusiasm for the immigration goals, highlighting their strategic importance beyond numerical targets. The aim is to attract newcomers who can help solidify Canada’s position as a global leader in various emerging technologies.

The strategy was developed through collaboration with the tech, start-up, and business communities, which provided valuable insights. Fraser credited Canada’s fast and flexible approach, widely supported by Canadians, as the country’s immigration advantage.

In addition to the tech talent strategy, Canada has made revisions to its start-up visa program to attract skilled foreign tech workers. The improvements include increased program spots, the opportunity to apply for a three-year work permit (previously one year), and the chance to obtain an open work permit instead of being limited to working for their start-up.

Furthermore, each member of an entrepreneurial team can now apply for an open work permit, expanding eligibility beyond essential and urgently needed individuals.

These developments in Canada’s immigration policies come in the wake of Germany’s modifications to its immigration laws aimed at attracting skilled foreign workers.

They also follow the United Kingdom’s decision to restrict the ability of foreign students to bring their family members starting in 2024, prompting Canada to introduce faster temporary resident visa processing and more considerate application measures for dependents.

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Nigerian Breaks 30-year-old Academic Record in Canada https://techeconomy.ng/nigerian-breaks-30-year-old-academic-record-in-canada/ https://techeconomy.ng/nigerian-breaks-30-year-old-academic-record-in-canada/#respond Tue, 09 May 2023 20:28:48 +0000 https://techeconomy.ng/?p=101476 Ernest Omo-Ojo, a Nigerian born Canadian immigrant made history by winning the Herzing College Cup, an award for overall best student of the respected institution which specializes in high-demand skills.

According to the President of the Herzing College, Ottawa, Kevin Crupi, Ernest is the first winner in the 30 years of the award to emerge from the campus.

Herzing college is over 55 years old with some 7 campuses in Canada and in the United States. The Herzing Cup is a competition for students across all campuses and it’s on its 30th edition.

In its 30 years existence, no student from Ottawa campus has ever won the award, a feat that was finally broken in its 2022 edition by Ernest.

The Herzing cup involves submissions from various campuses nominating their best students each year to a panel of nearly 50 judges.

After a career in ExxonMobil in his birth country Nigeria which ended with Ernest having to opt for voluntarily retirement, Ernest decided to relocate with his family to Canada, and re-skill at Herzing after authoring 2 books (The Potent Force of Sponsorship and his latest – The Audacious Faith) on self-improvement based on his experiences while at Exxon.

This is an amazing story for tenacity and self-development.

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Mobility Option Can Help You Travel Visa-free to Over 180 Countries with Canadian Second Passport https://techeconomy.ng/mobility-option-can-help-you-travel-visa-free-to-over-180-countries-with-canadian-second-passport/ https://techeconomy.ng/mobility-option-can-help-you-travel-visa-free-to-over-180-countries-with-canadian-second-passport/#respond Mon, 21 Nov 2022 10:00:48 +0000 https://techeconomy.ng/?p=88974 This year, the Canadian economy has experienced one of the fastest recoveries after the onset of the COVID-19 pandemic among advanced economies.

Its economy is now 102.6% the size that it was before 2020 and its net debt-to-GDP ratio, at 30.5%, is the lowest in the G7 countries.

Canada has announced plans to significantly increase the number of immigrants entering the country, with a goal of 500,000 arriving each year by 2025 to address a critical labor shortage.

“Last year, we welcomed the most newcomers in a single year in our history. This year’s immigration levels plan will help businesses find the workers they need, set Canada on a path that will contribute to our long-term success, and allow us to make good on key commitments to vulnerable people fleeing violence, war, and persecution,” The Honourable Sean Fraser, Minister of Immigration, Refugees and Citizenship

According to a recently published index, Nigerian citizens have visa-free or visa-on-arrival access to only 46 countries compared to those with Canadian passports with access to 188 countries including the EU and Schengen countries, the United States, Australia, Singapore, New Zealand, and Hong Kong.

Tukeni Obasi, Vice President, Diaspora of Mobility Options, described the program further, “The Canada Start-Up Visa Program allows foreign entrepreneurs the opportunity to create an innovative business in Canada and apply for permanent residence. With its leading trade market, the program is aimed at providing permanent residence to entrepreneurs, active investors in companies, and expanding businesses that seek to establish a presence in Canada. To obtain permanent residence in Canada, foreign entrepreneurs must propose an innovative, scaling start-up business, approved by any of the following designated organizations; business incubators, angel investors, or venture capitalists.

Once approved, the client receives a letter of support, allowing them and their family to apply for permanent residence,’’ she added.

“Canadian citizens enjoy a high standard of living with multicultural, easygoing, and vibrant cities. It is an excellent place to do business, with access to the entire North American market. Citizens and Permanent Residents receive affordable, high-quality education, modern medical care, a high level of social standards, and citizen protection.

The right to reside in the country and obtain Canadian citizenship by investment is allowed for your family members as well. These combined benefits make a second passport very appealing to anyone looking to travel with limited visa requirements and looking to ensure their family’s safety and security.” says Panebi Oboh, Vice President, Canada.

“With over 40 years of combined Global Immigration Consultancy experience, Mobility Options Certified Canadian Immigration Consultants ensure full legal support of the procedure, guaranteed confidentiality of private data, preparation of documents following legal requirements, and support in obtaining government approval. Interested individuals can start the process with minimal applicant requirements,’’ notes Mubo Olabode, Vice President, Nigeria.

Mobility is the biggest motivating factor for high-net-worth individuals who seek quick travel process so that they can freely move around for business, holidays, and trade events without filling out lengthy visa documents and seeking appointments at visa offices,” remarks Mobility Options President, Ebi Obaro. Governments need Citizenship through Investment revenue to support economies. Business people and industries need it to grow their business. Families need it to find a safe and secure place to live. It’s a win-win situation for every stakeholder involved.

To learn more about Mobility Options and its citizenship by investment programs, click here.

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