• Advertise
  • Opinion
  • Features & Interviews
  • Investigation
  • Contact
Sunday, October 1, 2023
  • Login
No Result
View All Result
NEWSLETTER
The Lagos Today
  • Home
  • News
    • Lagos News
    • National News
    • World News
  • Entertainment⚡ by CRAWL
    • All
    • Art & Design
    • Books
    • Movie
    • Music
    • Sports
    Kenya, Uganda, and Tanzania named Joint Hosts of AFCON 2027 as Nigeria loses bid

    Kenya, Uganda, and Tanzania named Joint Hosts of AFCON 2027 as Nigeria loses bid

    ‘The Black Book’ becomes 1st Nollywood Movie to rank number 1 Globally on Netflix

    ‘The Black Book’ becomes 1st Nollywood Movie to rank number 1 Globally on Netflix

    I’m not involved in Mohbad’s Death, Naira Marley insists

    I’m not involved in Mohbad’s Death, Naira Marley insists

    Nigeria’s Sports Minister arrives Egypt to bid for hosting AFCON 2027

    Nigeria’s Sports Minister arrives Egypt to bid for hosting AFCON 2027

    Tears as Nigerian Singer, Mohbad, is laid to rest in Lagos

    Mohbad: Reps mourn Late Musician

    Adesanya faces Three Months in Jail over Drunk Driving in New Zealand

    Adesanya faces Three Months in Jail over Drunk Driving in New Zealand

    Nigeria wins 12 Gold Medals at 2023 ITTF African Para Championships 

    Nigeria wins 12 Gold Medals at 2023 ITTF African Para Championships 

    Tears as Nigerian Singer, Mohbad, is laid to rest in Lagos

    Mohbad’s Autopsy completed- Lagos Police

    Police exhumes Body of Mohbad for Autopsy

    Police exhumes Body of Mohbad for Autopsy

    Tears as Nigerian Singer, Mohbad, is laid to rest in Lagos

    Why we buried Mohbad quickly on his only land- Mohbad’s Father

  • Opinion
  • Business
  • Features & Interviews
  • Best Of Lagos
    Lagos welcomes The Art hotel: A flamboyant 5 star Business Boutique Hotel

    Lagos welcomes The Art hotel: A flamboyant 5 star Business Boutique Hotel

    THE LUXURY NETWORK NIGERIA ANNOUNCES NEW MEMBER, AFFINITY ART GALLERY

    THE LUXURY NETWORK NIGERIA ANNOUNCES NEW MEMBER, AFFINITY ART GALLERY

    THE LUXURY NETWORK NIGERIA HOSTS MEMBERS’ NETWORKING FORUM

    THE LUXURY NETWORK NIGERIA HOSTS MEMBERS’ NETWORKING FORUM

    Exploring Lagos’ Gastronomy With Chef Priyank Singh of Hard Rock Cafe

    Exploring Lagos’ Gastronomy With Chef Priyank Singh of Hard Rock Cafe

    Olu Oyinsan- Saying Yes To Founders At The Early Stage

    Olu Oyinsan- Saying Yes To Founders At The Early Stage

    A Rare Hobby: Sports Fishing In Lagos

    A Rare Hobby: Sports Fishing In Lagos

    Chef Nkesi- Experiencing Different Cultures Through Food

    Chef Nkesi- Experiencing Different Cultures Through Food

    Wumi Jubril: Creating Memorable Experiences

    Wumi Jubril: Creating Memorable Experiences

    Nordic hotel

    Nordic Hotel Makes Grand Debut in Lagos

  • Things To Do
  • Home
  • News
    • Lagos News
    • National News
    • World News
  • Entertainment⚡ by CRAWL
    • All
    • Art & Design
    • Books
    • Movie
    • Music
    • Sports
    Kenya, Uganda, and Tanzania named Joint Hosts of AFCON 2027 as Nigeria loses bid

    Kenya, Uganda, and Tanzania named Joint Hosts of AFCON 2027 as Nigeria loses bid

    ‘The Black Book’ becomes 1st Nollywood Movie to rank number 1 Globally on Netflix

    ‘The Black Book’ becomes 1st Nollywood Movie to rank number 1 Globally on Netflix

    I’m not involved in Mohbad’s Death, Naira Marley insists

    I’m not involved in Mohbad’s Death, Naira Marley insists

    Nigeria’s Sports Minister arrives Egypt to bid for hosting AFCON 2027

    Nigeria’s Sports Minister arrives Egypt to bid for hosting AFCON 2027

    Tears as Nigerian Singer, Mohbad, is laid to rest in Lagos

    Mohbad: Reps mourn Late Musician

    Adesanya faces Three Months in Jail over Drunk Driving in New Zealand

    Adesanya faces Three Months in Jail over Drunk Driving in New Zealand

    Nigeria wins 12 Gold Medals at 2023 ITTF African Para Championships 

    Nigeria wins 12 Gold Medals at 2023 ITTF African Para Championships 

    Tears as Nigerian Singer, Mohbad, is laid to rest in Lagos

    Mohbad’s Autopsy completed- Lagos Police

    Police exhumes Body of Mohbad for Autopsy

    Police exhumes Body of Mohbad for Autopsy

    Tears as Nigerian Singer, Mohbad, is laid to rest in Lagos

    Why we buried Mohbad quickly on his only land- Mohbad’s Father

  • Opinion
  • Business
  • Features & Interviews
  • Best Of Lagos
    Lagos welcomes The Art hotel: A flamboyant 5 star Business Boutique Hotel

    Lagos welcomes The Art hotel: A flamboyant 5 star Business Boutique Hotel

    THE LUXURY NETWORK NIGERIA ANNOUNCES NEW MEMBER, AFFINITY ART GALLERY

    THE LUXURY NETWORK NIGERIA ANNOUNCES NEW MEMBER, AFFINITY ART GALLERY

    THE LUXURY NETWORK NIGERIA HOSTS MEMBERS’ NETWORKING FORUM

    THE LUXURY NETWORK NIGERIA HOSTS MEMBERS’ NETWORKING FORUM

    Exploring Lagos’ Gastronomy With Chef Priyank Singh of Hard Rock Cafe

    Exploring Lagos’ Gastronomy With Chef Priyank Singh of Hard Rock Cafe

    Olu Oyinsan- Saying Yes To Founders At The Early Stage

    Olu Oyinsan- Saying Yes To Founders At The Early Stage

    A Rare Hobby: Sports Fishing In Lagos

    A Rare Hobby: Sports Fishing In Lagos

    Chef Nkesi- Experiencing Different Cultures Through Food

    Chef Nkesi- Experiencing Different Cultures Through Food

    Wumi Jubril: Creating Memorable Experiences

    Wumi Jubril: Creating Memorable Experiences

    Nordic hotel

    Nordic Hotel Makes Grand Debut in Lagos

  • Things To Do
No Result
View All Result
The Lagos Today
No Result
View All Result
Home Business

International students contributes £41.9 billion to UK economy

by Segun Adewunmi
June 2, 2023
in Business
3 min read
0
0
UK High Commission Reopens Visa Application Centres In Lagos
Share on FacebookShare on Twitter

…set to lose 200,000 students, £10bn

In the 2021/22 academic year, International students contributed £41.9 billion to the UK economy, a recent analysis published by Universities UK International, HEPI, and Kaplan International Pathways has revealed.

According to projections, there will be a total decline of 200,000 international students in the UK by 2025. The Office for National Statistics indicated that Nigeria has been the third largest source market for international students coming to the UK, with the highest number of dependents associated with the student route visa.

The dependent numbers more than doubled in 2022, with India being the second largest source country.

University leaders have therefore been warned about the potential implications of government revisions to dependent visas on the UK economy at the recent higher education festival in London.

According to Matteo Quacquarelli, director of strategy and analytics for QS, the UK is currently in a strong position in the increasingly competitive global market for recruiting international students, but stakeholders must not ignore the potential impact of visa changes.

QS conducted a proactive pulse poll of 5,000 potential international students in March 2023 to discover how they would react to any proposed changes to the laws governing student visas, such as the option to bring families with them.

According to the findings, one in four overseas students indicated they would be less inclined to choose the UK as a location for their studies, and one in five students who were interested in Russell Group universities said they would be discouraged from continuing with their original study plans.

What he said

According to Matteo Quacquarelli, “This is not only impacting the supply to the UK market, but we’ll be passing that out to other destinations,” said Quacquarelli.

“Taking the recent HEPI analysis on the contribution of international students. We’ve formulated several different scenarios, with the worst case being [the changes] could cost the UK up to £10 billion.”

UK government’s education strategy

The UK government has reiterated its commitment to the international education strategy through the Departments for Business and Trade and Education, maintaining the target of attracting 600,000 international students to the UK each year, despite the announcement by the Home Office on banning dependents.

About the possibility for universities to diversify their student bodies, QS, which conducts the QS World University Rankings and the largest worldwide student survey, was also able to offer some other insightful data.

It was discovered that rankings of the “top 10” source countries for the UK, US, Australia, and Canada include 23 countries including Nigeria.

As a result, the UK receives only 26,000 enrolments from its top competitors’ fastest-growing source economies. Over 275,000 people enrolled in the United States, Canada, and Australia from the same markets.

Mexico, Canada, and Brazil were the US’s growth facilitator markets, while Canada has markets mainly from the Philippines, Mexico, and Iran, and Australia’s were Thailand, Nepal, Colombia, and Brazil.

With the new dependent visa ban, it is unlikely that Nigeria will remain a top source destination for the United Kingdom

Follow us on social media
  • Facebook
  • Twitter
  • Instagram
Tags: International studentsUk economyUnited Kingdom
Previous Post

WAEC identifies 56 website operators leaking questions 

Next Post

Abdulrazaq emerges as new NGF chair, Uzodinma chairs PGF

Segun Adewunmi

Segun Adewunmi

Related Posts

FG launches Freight Services on Apapa-Ibadan Cargo Rail 

Port Decongestion: Maiden Train Cargo Trip from Apapa Port to Ibadan begins

by Rosemary Opara
September 30, 2023
0

…90 trucks of 40-foot containers on 3 trips daily The first-ever train cargo trip carrying containers from Apapa Port to...

Electricity to improve in Nigeria as Tinubu signs Electricity Act 2023 into Law

Nigeria secures $1.95bn Loan from World Bank in 4 Months

by Rosemary Opara
September 30, 2023
0

…despite an outstanding debt of $38.8 billion as of June 2023 A total of $1.95 billion loan have been secured...

Next Post
Abdulrazaq emerges as new NGF chair, Uzodinma chairs PGF

Abdulrazaq emerges as new NGF chair, Uzodinma chairs PGF

Please login to join discussion

Recommended

#EndSARS: Senator Seeks Special Status, Grant for Lagos

#EndSARS: Senator Seeks Special Status, Grant for Lagos

3 years ago
NDLEA uncovers secret Lab producing Illicit Drugs in Lagos

Illegal drugs: NDLEA arrests key figures in Lagos Clubs

2 months ago

Popular News

    Newsletter

    Connect with us

    Tags

    #EndSARS 2023 Elections 2023 polls 2023 Presidency ACCIDENT Africa All progressives Congress APC Asiwaju Bola Tinubu Babajide Sanwo-Olu Bitcoin CBN Central Bank of NIgeria Central Bank of Nigeria (CBN) China Coronavirus pandemic Covid-19 Covid-19 in Lagos Covid-19 in Nigeria Covid-19 Vaccine Cryptocurrency Drug Trafficking EFCC Federal Government Federal Government of Nigeria Fraud Godwin Emefiele Gov. Sanwo-Olu Insecurity Lagos-Ibadan expressway Lagos state Lagos State Government Lagos State House of Assembly Lagos State Police command Muhammadu Buhari Murder Murtala Muhammed International Airport Naira NDLEA New naira notes Nigeria Rape Strike action United states US

    News

    • Business
    • National
    • Politics
    • Tech

    Opinion

    • Editorials
    • Today’s Opinion
    • Letters
    • Sunday Review
    • Advertise
    • Opinion
    • Features & Interviews
    • Investigation
    • Contact

    © 2020 The Lagos Today - Nkali.

    No Result
    View All Result
    • Home
    • News
      • Lagos News
      • National News
      • World News
    • Entertainment
    • Opinion
    • Business
    • Features & Interviews
    • Best Of Lagos
    • Things To Do

    © 2020 The Lagos Today - Nkali.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Create New Account!

    Fill the forms bellow to register

    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In