benefits

Wabote Highlights Benefits Of NLNG Train 7

December 11, 2019 11:32 am

The Executive Secretary of the Nigeria Content Development and Monitoring Board (NCDMB), Mr. Simbi Wabote, has reiterated that the upcoming Nigerian Liquefied Natural Gas (NLNG) Train 7 will have significant impact on the Nigerian economy and the oil and gas industry in particular.

The Final Investment Decision (FID) on the long awaited projected is expected to be taken before the year runs out.

Speaking at the just concluded 2019 Practical Nigerian Local Content in Yenagoa, Bayelsa State, Wabote said the project would bring more revenue to the country through taxes as well as creation of 10,000 direct jobs which …

Wabote Lists Benefits Of NLNG Train 7

December 7, 2019 11:20 am

The Executive Secretary, Nigeria Content Development and Management Board (NCDMB), Mr Simbi Wabote, has said the upcoming Nigerian Liquefied Natural Gas (NLNG) Train 7 will boost revenue generation.

Wabote gave the assurance in an interview with the News Agency of Nigeria (NAN) at the just-concluded 9th Practical Nigeria Content Forum in Bayelsa on Saturday.

NAN reports that NLNG would take Final Investment Decision (FID) on Train 7 before Dec. 31st.“To the Nigerian economy, as you are aware, it will bring more revenue to the country; more taxes would be paid and, to the economy, it means a lot.

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ERG

Afreximbank Lists Benefits Of ERG

November 20, 2019 7:02 am

Egypt’s decision to establish an export risk guarantee (ERG) company will give a major boost to the country’s role as a critical hub for intra-African trade and allow it to be a key driver in the implementation of the African Continental Free Trade Area agreement, President of the African Export-Import Bank (Afreximbank), Prof. Benedict Oramah has said.

Welcoming the announcement that the Board of Directors of the Central Bank of Egypt (CBE) had approved the establishment of an Export Credit Risk Guarantee company with a capital of $600 million, Oramah said the company would make it possible for Egypt to …

Anambra Workers To Get Salaries, Benefits by Dec. 15

November 11, 2019 9:26 am
Gov. Willie Obiano of Anambra has approved the payment of salaries and allowances to civil servants in the state before Christmas.

Obiano disclosed this during the dedication of St. Thomas Aquinas Catholic Parish, Agu-Awka, Awka on Sunday.

The governor, who was represented by Mr Harry Udu, Head of Service in Anambra, said this was ensure workers in the state happily celebrate the Christmas and New Year.

Udu also government would also embark on massive road repairs across the state now that the rains were over.

“The governor has the interest of the masses at heart, that is why he made …

As Access Bank Reaps Benefits of Merger

As Access Bank Reaps Benefits of Merger

November 6, 2019 3:20 am

“With the final merger of both banks and the status of the resulting entity as ‘the largest bank in Africa’s largest economy,’ this greatly bolsters the bank’s brand, opening doors of opportunity both in local and international markets. The merger will form a leading Tier-1 Nigerian bank and the largest bank in Africa by number of customers, spanning three continents, 12 countries and 29 million clients.

“It will bring together treasury, risk management and corporate banking expertise with strong retail and digital banking capabilities to create a financial institution operating across the full suite of products for all customer segments.”…

Health And Medicinal Benefits Of Consuming Palm Wine

Health And Medicinal Benefits Of Consuming Palm Wine

October 12, 2019 1:45 pm

Palm wine is a local alcoholic drink which is very common in Africa. Most people take alcohol for its intoxicating effect, however, this drink is highly medicinal. Below are some health importance of palm wine:

Eye vision

Palm wine is a good source of Vitamins C and B which are very good for the eye. While vitamin C helps in building the connective tissues of the body and the blood vessels of the eye preventing related eye problems like cataracts, macular degeneration, etc.  Vitamin B1 and B12 help in solving vascular-related issues that concern the retina which could result in …

Embracing The Full Benefits Of Compulsory Insurance

Embracing The Full Benefits Of Compulsory Insurance

October 10, 2019 6:42 am

Nigerian insurance experts have raised the alarm over an estimated ₦1 trillion annual loss in the industry due to low insurance penetration and policy uptake by the citizens.

Worried about this development, stakeholders have called on the National Insurance Commission (NAICOM) to enlist the services of law enforcement agencies to achieve effective implementation of the compulsory insurance policies in Nigeria to further deepen insurance acceptance and equally grow the nation’s Gross Domestic Product (GDP).

Those who commented on the low insurance penetration noted that aside involving law enforcement agents to drive and recover the N1 trillion yearly loss in the …

Nutritional And Pharmacological Benefits Of Eating Okra

Nutritional And Pharmacological Benefits Of Eating Okra

October 7, 2019 2:20 am

Okra, also known as lady’s fingers, bamia, bhindi or gumbo, is a plant of the tropical and warm climates that produces edible green pods. The slightly immature pods are handpicked and prepared in different ways to compliment the traditional diets of many cultures. Okra (Abelmoschus esculentus) is believed to possess an abundance of health benefits, and there is ongoing research into its potential to help manage diabetes.

Get to know this popular vegetable and learn how to choose and use its seedy pods to preserve their rich nutritional value.

10 Health Benefits of Eating Okra

  1. Okra is low on
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CBN Lists Benefits of Digitisation To Banking Supervision

CBN Lists Benefits of Digitisation To Banking Supervision

October 2, 2019 8:05 am

The Central Bank of Nigeria (CBN) has said digitisation supports effective supervision of the financial system, data access and management.

The CBN Deputy Governor, Financial System Stability (FSS) and Chairman, FITC Board, Mrs. Aisha Ahmad (CFA), disclosed this during the opening of the 2019 CBN/FITC Continuous Education Programme for Directors of Banks and Other Financial Institutions held in Lagos.

The Deputy Governor was represented by the Director, Banking Supervision Department, CBN, Mr. Ahmad Abdullahi at the event.

Speaking on the theme: “Digital Transformation – Repositioning Financial Institutions: Perspectives and Imperatives for the Board,” she said the world was experiencing a

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5 important health benefits of drinking beer

5 important health benefits of drinking beer

August 7, 2019 10:01 am

Beer is one of the oldest and most widely consumed alcoholic drinks in the world, and the third most popular drink overall after water and tea.  Beer is brewed from cereal grain, most commonly from malted barley, though wheat, maize (corn), and rice are also used.

You may be surprised to learn that moderate beer consumption has been linked to several nutritional benefits.

Here are five surprising health benefits associated with drinking beer responsibly.

Because beer is made from hops, barley and wheat, it contains trace amounts of nutrients such as calcium, potassium and magnesium. It also contains soluble fiber, …

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