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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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24 Hours Across Africa

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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24 Hours Across Africa

Director Genevieve Nnaji reacts over Oscar snub.

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Nigeria’s first-ever Oscar submission for best international feature film has been disqualified by award organisers, sparking criticism from its director.

Films in this category, formerly best foreign language film, must have “a predominantly non-English dialogue track”.

However, the 95-minute film Lionheart is largely in English, with an 11-minute section in the Igbo language.

Director Genevieve Nnaji  said the film represented how Nigerians communicate.

The disqualification of the film by The Academy of Motion Picture Arts and Sciences was announced to voters in an email on Monday, according to The Wrap.

Ava DuVernay, director of Selma and A Wrinkle in Time, questioned the decision on Twitter, pointing out that English is Nigeria’s official language.

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Ms DuVernay became the first black woman to direct a live-action film with a budget of more than $100m in 2016.

Ms Nnaji, who directed and starred in Lionheart, thanked Ms DuVernay for speaking out, saying the film “represents the way we speak as Nigerians”.

She added: “This includes English which acts as a bridge between the 500+ languages spoken in our country.”

In another tweet, she said: “We did not choose who colonized us. As ever, this film and many like it, is proudly Nigerian”.

English is still the official language of Nigeria because of British colonisation, which lasted for nearly a century until independence in 1960.

Lionheart, which is currently streaming on Netflix, is about a Nigerian woman trying to keep her father’s company together in a society dominated by men.

Media captionThe Tanzanian making ‘pure African’ film costumes

The best foreign language film category was changed ahead of the 2020 awards to best international feature film, with the Academy saying that the reference to “foreign” was “outdated within the global filmmaking community”.

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