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How to Send Money Remittance to Nigeria via Zenith Bank

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With a large population of over 160 Million, Nigeria is regarded as the “Giant of Africa.” Ranking 20th among the world’s largest economies in 2015. Those Nigerians who are working in the US are also actively contributing to make their country’s economy grow. If you are one of them, sending money remittance to Nigeria may be one of your biggest concerns. Learn how you can use Zenith Bank International for this process.

About Zenith Bank International

Zenith Bank International is one of the top banks based in Nigeria. Tapping on their committed employees and new technology adoption, this bank which was established in 1990 has continued to dominate the banking industry in Nigeria. To prove its worth as one of the most trusted banks in Nigeria, it endeavors to provide the best banking products and services to individuals, small businesses and corporations alike.

Bank swift code: ZEIBNGLA

Sharemoney and Our Services to Nigeria

Sharemoney has always worked hard on our core commitment to deliver a stellar online money transfer experience to our customers. We have started facilitating money transfers from the United States to Nigeria and below are some of the perks you can enjoy:

  • A small transfer fee that starts at only $3.99
  • Competitive exchange rates. In fact, even better than what other online money transfer service providers can offer when it comes to converting US Dollar to the Nigerian Naira
  • More convenient ways to start your money transaction and every fund transfer thereafter. All you need is to register an account with us by filling up our online form.

Funding Your Money Transfer to Nigeria

In order to facilitate your bank deposits to Nigeria when using Sharemoney, we offer you the choice to use any of the following three funding options most convenient to your needs:

  • Bank account. You can simply key in your US bank account number if you choose to use this funding option upon registration with our website. We will verify your bank account and depending on the time of the day and the day of the week when you initiate the transfer, your loved ones will receive the amount very soon after verification.
  • Debit card. If you want to get rid of the longer verification process for funding a transaction with your bank account and that of the additional fee charged by your credit card company if you choose to use your credit card, using your debit card is highly recommended.
  • Credit card. This method of funding your transaction is the last option you have if you do not have a bank account or a debit card. Note that there will be an additional cost charged by your credit card issuer because this is deemed like a cash advance transaction.

Let your loved ones reap the fruits of your labor at a low cost and at a speedy pace by using Sharemoney for your money remittance to Zenith Bank International in Nigeria!

How To Send and Receive Money via GTBank International Money Transfer

 


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Nissan to recall over 40,000 cars due to malfunction of brake fluid leak

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Japanese automaker gaint Nissan says,  it’s recalling nearly 400,000 vehicles in the U.S. because of a braking system defect that could cause them to catch fire.

Users and Owners are advised to park affected vehicles outside and away from structures if the anti-lock brake system warning light comes on for more than 10 seconds.

The Japanese automaker says a pump seal may become worn down and cause brake fluid to leak. “If the warning is ignored … the brake fluid leak may potentially create an electrical short in the actuator circuit, which in rare instances, may lead to a fire,” the company says in documents sent to the National Highway Traffic Safety Administration.

The recall affects four different models in the U.S.: the Nissan Murano SUV, model years 2015 to 2018; Maxima sedans, model years 2016 to 2018; and the Infiniti QX60 and Nissan Pathfinder SUVs, model years 2017 to 2019.

Nissan says in a statement emailed to NPR that it is working on a fix and that owners of affected vehicles will be notified beginning in early December 2019. “Once the remedy is available, owners will receive a final notification letter asking them to bring their vehicle to an authorized Nissan dealer or INFINITI retailer to have the remedy work completed at no cost for parts or labor,” the company says.

This isn’t the first time Nissan has had problems with brake fluid leaks. Last year, for example, Nissan recalled more than 215,000 vehicles. The automaker says vehicles in the 2018 recall that haven’t been repaired are included in the current recall.

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World food prices hike for first time in five months: U.N. FAO

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World food prices rose for the first time in five months in October, boosted by jumps in quotations for sugar and cereals, the United Nations food agency said on Thursday.

The Food and Agriculture Organization (FAO) food price index, which measures monthly changes for a basket of cereals, oilseeds, dairy products, meat and sugar, averaged 172.7 points in October, up 1.7% on the previous month and 6.0% year-on-year.

FAO also predicted that cereal production would be 2.704 billion tonnes in 2019, slightly lower than its last forecast.

The FAO sugar price index jumped 5.8% from September levels, largely because of expectations of lower supplies in the year ahead following forecasts of large reductions in sugar output in India and Thailand.

The cereal price index rose 4.2%, with wheat and maize export prices climbing on the back of reduced crop prospects in several major producing countries and “robust trade activity”. By contrast, rice prices fell, hit by subdued demand and expectations of an abundant basmati harvest.

The vegetable oil price index increased 0.5% to reach its highest level in more than a year, while the meat price index rose 0.9%, driven by higher import demand especially from China.

By contrast, the dairy price index dropped 0.7% in October, as lower quotations for cheese offset increases in those for skimmed and whole milk powders, FAO said.

FAO lowered its forecast for global cereal production in 2019 by some 2 million tonnes, pegging world cereal output at 2.704 billion tonnes, but still up 1.8% from 2018 levels.

The U.N. agency said worldwide coarse grain production in 2019 was seen at 1.425 billion tonnes, down 1.3 million on the previous forecast.

Wheat output was seen at 765 million tonnes, down nearly 1 million tonnes on the last outlook, but still on course to set a new record and up 4.5% on 2018 levels.

The forecast for global rice production was put at 513.4 million tonnes, little changed on the previous forecast and slightly below 2018 levels.

Source: Reuters

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