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‘Moderate alcohol intake helps elderly to live long’ – Expert



Moderate alcohol intake through either beer or wine assists the elderly who is 65 years old and above to live longer than their counterparts who do not drink. Tola Atinmo, Professor of Human Nutrition, University of Ibadan; made this declaration during the First Nigerian Beer & Health Symposium which took place at Eko Hotel, Lagos.
Speaking on the topic, “Beer as Part of a Healthy Lifestyle”, Prof. Atinmo said there is evidence that moderate alcohol consumption may be associated with better cognitive function in old age.

Moderate consumption of wine and beer, according to him, reduces the odds of developing age-induced mascular degeneration. His words: “Light to moderate consumption of alcohol reduces the risk of those 65 and older from dying of cardiovascular disease. In fact, low doses of alcohol, including beer, stimulate appetite and promote bowel function in the elderly.”

On the moderate consumption level, the university Don made reference to the suggestion made by the World Health Organization that 60 grams of alcohol consumption per day should be the maximum standard. For a beer of 5% alcohol by volume, which equates to approximately 4% alcohol by weight, Prof. Atinmo said this translates to 1.5 litres.


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Pix: The First Nigerian Beer & Health Symposium took place today at Eko Hotel, Lagos. Photo shows L – R Dr Olu Malomo Ag. Head Department of Food Technology, Bells University of Technology, Ota, Ogun State; Mr. Nicolaas Vervelde, Managing Director/CEO, Nigerian Breweries PLC, Professor Bankole Omotosho, Department of Drama, University of Stellenbosch, Cape Town, South Africa and Mr. Tony Agenmonmen, Senior Strategy Manager, Nigerian Breweries Plc at the event.


Just like in other food items, he noted that beer also contains some materials that are injurious to health if consumption exceeds certain levels. His words: “The risks become acceptably low provided proper precautions are taken, such safety measures hinging around proper storage conditions in respect of moisture content and temperature.”

On the effects of alcohol consumption on sexual ability by men, Prof. Atinmo stated that excessive intake interferes with the function of the three main components of the male reproductive system: the hypothalamus, the anterior pituitary gland and the testes. The impact, he added, is impotence, infertility and reduced secondary sexual characteristics.

The university Don also warned that women who binge-drink (four or five drinks at one sitting) rather than consume alcohol moderately, e.g. one drink daily; are likely to deliver children with  foetal alcohol syndrome (FAS), in which there are malformations in the child.

Meanwhile, he advised all alcohol consumers not to substitute food and other healthy consumables with beer; to always have a balanced and nutritive diet as part of their lifestyle; as well as have a sustained and adequate physical exercise regime.

Prof. Atinmo added that the practice of good hygiene coupled with frequent medical checks and prompt treatment of diseases or disease pre-disposing factors is compulsory for every consumer of alcohol; stressing: “It is only through the combination of the above that a moderate consumption of beer will yield any benefit and contribute to a healthy lifestyle.”

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Controversial Sterling Bank caught in the act! CBN sanctions, parades officials for hoarding new naira notes [VIDEO]




Officials of the Central Bank of Nigeria (CBN) have discovered N6 million of the new naira notes hoarded in Sterling Bank Plc, Ado Ekiti branch on Bank Road, Ado Ekiti in Ekiti State, having received the funds for over two weeks, THE WITNESS reports.


In a trending video on social media, seen by THE WITNESS, a man who identified himself as Oluwole Owoeye, a deputy director of CBN, while monitoring the distribution of the new naira notes in the state, was seen questioning the bank officials as to why they have not uploaded the funds into their Automated Teller Machines, (ATMs), despite having six of the machines in place.


The CBN director also announced a fine of N1 million for each day the fund was in the bank’s custody.


The CBN official said, “I am currently at Sterling Bank, on Bank Road as part of the new naira notes monitoring compliance with the guidelines by CBN. They have N6 million, which they collected from the bank for almost two weeks, they have not disbursed any. They said they are yet to configure their ATMs, I do not know why that and I have brought attention to the penalty clause of N1 million per day, because they have five ATMs here, they have no reason for keeping this money.


“The zonal service manager, Tunde Onipede promised that by 10:00am latest tomorrow (Monday), because I told him by latest 10:00 am I’ll be here and I want to see the machine dispensing this money.


“What is the name again? Olumide Owolabi (Service Manager, Ado) & Motunrayo Babayele. My name is Oluwole Owoeye and I am a deputy director of CBN.”



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FCMB Manager Arrested For Hoarding New Naira Notes



A manager of the First City Monument Bank (FCMB) branch in Osogbo, Osun State capital, has been arrested for allegedly preventing Automated Teller Machines (ATMs) loaded with cash from dispensing money to customers.

The spokesperson of the Independent Corrupt Practices and other related offenses Commission (ICPC), Azuka Ogugua, in a statement on Friday said the cash bundles were loaded into the ATMs while still wrapped, and as such, could not be dispensed through the machines

“The ICPC Compliance Team in Osogbo has busted an FCMB in Osogbo, Osun State, where some ATMs were loaded with cash with their wrappers un-removed, thus preventing the cash from being dispensed.

“The Team, therefore, directed that the wrappers be removed, and the cash loaded properly’.

Similarly, seven Point of Sale (POS) operators as well as a security guard were arrested during the ongoing exercise in Osun State for charging exorbitant commissions for cash.

Investigations, however, revealed that they got the money from Filling Stations that collect new notes from fuel buyers, but they then resell the cash to the public at exorbitant rates.

The arrested persons are helping the Commission with information to assist investigations and bust any syndicates involved in the hoarding or sales of the redesigned notes.


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New naira: ICPC arrests Stanbic IBTC Bank manager over sabotage



The Independent Corrupt Practices and other related offences Commission (ICPC), has arrested an official of Stanbic IBTC Bank in Abuja for alleged sabotage.

The ICPC spokesperson, Azuka Ogugua, said the development was in continuation of ICPC’s clampdown on elements frustrating efforts in making the redesigned Naira notes available to members of the public.

The bank official, who is the branch service head of Stanbic IBTC Bank, Deidei Branch in Abuja, was taken into custody for her deliberate refusal to upload cash into the branch’s Automated Teller Machines (ATMs) even when the cash was available and people were queuing at the ATM points.

The statement reads: “When the ICPC monitoring team stormed the bank at about 1:30pm on Friday to ensure compliance, and demanded explanation as to why all the ATMs were not dispensing cash, the team was informed by the branch’s head of operations that the bank just got delivery of the cash.

“However, facts available to the ICPC operatives indicated that the branch took delivery of the cash earlier around 11:58am and either willfully or maliciously refused to feed the ATMs with the cash.

“Against this backdrop, the ICPC team compelled the bank to load the ATMs with the redesigned Naira notes and ensured that they were all dispensing before arresting the culprit.

“The ICPC said investigations were still ongoing and the Commission will take appropriate actions as soon they are concluded.

“Similarly, seven Point of Sale (PoS) operators as well as a security guard were arrested during an ongoing exercise in Osun State for charging exorbitant commissions for cash.

“Investigations, however, revealed that they got the money from Filling Stations that collect new notes from fuel buyers, but they then resell the cash to the public at exorbitant rates.

“The arrested persons were helping the anti-graft commission with information to assist investigations and bust other syndicates involved in the hoarding and sales of the redesigned Naira notes,” the anti-graft agency said.


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