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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

Trump to end America’s IT threats.

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Source :BBC

President Donald Trump has declared a national emergency to protect US computer networks from “foreign adversaries”.

He signed an executive order which effectively bars US companies from using foreign telecoms believed to pose national security risks.

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The order does not name any company, but is believed to target Huawei.

The Chinese tech giant said restricting its business in the US would only hurt American consumers and companies. Media captionOne potential problem with 5G tech may have more to do with castles than you’d expect

Several countries, led by the US, have raised concerns in recent months that Huawei products could be used by China for surveillance, allegations the company has vehemently denied.

The US has been pressuring allies to shun Huawei in their next generation 5G mobile networks.

In a separate development, the US commerce department added Huawei to its “entity list”, a move that bans the company from acquiring technology from US firms without government approval.

The moves are likely to worsen tensions between the US and China, which had already escalated this week with tariff hikes in a trade war.

Huawei has been at the epicentre of the US-China power struggle that has dominated global politics over the past year.

What does the order say?

According to a White House statement, Mr Trump’s order aims to “protect America from foreign adversaries who are actively and increasingly creating and exploiting vulnerabilities in information and communications technology infrastructure and services”.

It gives the secretary of commerce the power to “prohibit transactions posing an unacceptable risk to the national security”, the statement adds.

The move was instantly welcomed by Federal Communications Commission Chairman Ajit Pai, who called it “a significant step toward securing America’s networks”.

The US had already restricted federal agencies from using Huawei products and has encouraged allies to shun them, while Australia and New Zealand have both blocked the use of Huawei gear in 5G networks.

In April 2018 another Chinese tech company, ZTE, was barred from buying US parts after it was placed on the same “entity list”. It resumed business after reaching a deal with the US in July.

How has Huawei responded?

Huawei has said its work does not pose any threats and that it is independent from the Chinese government.

“Restricting Huawei from doing business in the US will not make the US more secure or stronger,” the company said in a statement.

“Instead, this will only serve to limit the US to inferior yet more expensive alternatives, leaving the US lagging behind in 5G deployment, and eventually harming the interests of US companies and consumers.”

Huawei grown rapidly over a decade

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The company also said “unreasonable restrictions” on Huawei raised “other serious legal issues”.

During a meeting in London on Tuesday, Huawei chairman Liang Hua said it was “willing to sign no-spy agreements with governments” as concerns over the security of its products used in mobile networks continued to grow.

What does the national emergency mean?

By declaring a national emergency President Trump can effectively bypass other branches of government and gains access to a raft of special powers.

The Brennan Center for Justice, a non-partisan public policy institute, has compiled a list of more than 120 legal powers the president can use in such an event – they range from taking over farmland to calling up military reservists or seizing property with few or no restrictions.

President Trump has now declared five national emergencies, including most recently over the southern US border.

A rolling list of national emergencies compiled by the centre shows there are now 33 active national emergencies in the US.

The oldest emergency still in place was signed by President Jimmy Carter in November 1979 as a response to the Iran hostage crisis. Others signed by Presidents Bill Clinton, George W Bush and Barack Obama also remain in effect.


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24 Hours Across Africa

China and U.S boost of progress in discussion over trade war.

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Source: Reuters

China and the United States have agreed to keep talking about their trade dispute, the Chinese government said on Tuesday, as U.S. President Donald Trump said he thought recent discussions in Beijing would be successful.

The slightly more optimistic comments came after both sides ramped up their trade war, with China announcing details of new tariffs against U.S. imports on Monday, following a U.S. move last week to target Chinese imports.

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The U.S. Trade Representative’s office said it planned to hold a public hearing next month on the possibility of imposing duties of up to 25% on a further $300 billion worth of imports from China. Cellphones and laptops would be included in that list but pharmaceuticals would be excluded, the office said.

The prospect of the global economy being derailed by the United States and China sliding into a fiercer, more protracted dispute has rattled investors and sparked a sharp selloff on equities markets in the past week.

“My understanding is that China and the United States have agreed to continue pursuing relevant discussions. As for how they are pursued, I think that hinges upon further consultations between the two sides,” Chinese Foreign Ministry spokesman Geng Shuang told a daily news briefing, without giving details.

But China will not be bullied, he added: “We hope that the U.S. side does not misjudge the situation and not underestimate China’s determination and will to safeguard its interests.”

Sources have said talks stalled after China tried to delete commitments from a draft agreement that its laws would be changed to enact new policies on issues from intellectual property protection to forced technology transfers.

Geng said China had shown sincerity by still sending a high level delegation to the United States for talks last week and that China has remained calm in the face of pressure.

He put the blame on Washington for going back on its word in some previous rounds of talks, including last May, when the two reached an agreement in Washington but then the United States backed out a few days later.

“So you absolutely can’t put the hat on China of reversing positions and going back on one’s promises,” Geng said, adding China had shown goodwill in the talks and kept its promises.

The Shanghai Composite Index lost 0.7% and the blue chip CSI 300 was 0.6% lower on Tuesday. But both indexes rebounded from opening down 1%, supported by suspected state-backed purchases.

However, the onshore yuan weakened 0.1% to its lowest level since Dec. 27, 2018, trading at 6.8874 per dollar, after the foreign ministry said it hoped the United States would not underestimate China’s determination to defend its interests.

The ruling Communist Party’s official People’s Daily said in a commentary that the United States needed to “give it a rest” with the complaints that it was losing out to China in the trade relationship.

China is not to blame for the huge trade deficit the United States runs, and China was a hugely profitable market for U.S. companies, the paper said, in a commentary published under the pen name “Zhong Sheng”, meaning “voice of China”.

“U.S. consumers, farmers, businesses and so on have become the victims of the trade frictions provoked by the United States. They are not victims of China’s ‘unfair competition.’”

Trump, who has embraced protectionism, also repeated the rhetoric of his “America First” agenda in an string of early morning tweets on Tuesday.

“We are in a fantastic position,” he wrote on Twitter, calling on U.S. companies to make more products in the United States and praising his tariffs on imported steel for boosting domestic producers.


@ Anttention Fresh,                
We work hard to ensure that any news brought to you is legitimate and valuable so we leave out the noise. This material, and other digital content on this website, may be reproduced, published, broadcast, rewritten or redistributed in whole or in part BUT give us credit as your source. 

JOIN AN ONLINE LEARNING COMMUNITY CLICK IMAGEonline training

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