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British High Commissioner to Nigeria lauds Guinness Nigeria on its exemplary commitment to quality  

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L-R: Supply Chain Director, Guinness Nigeria Plc, Cephas Afebuameh; British High Commissioner to Nigeria, Paul Arkwright; and Corporate Relations Director, Guinness Nigeria Plc, Sesan Sobowale during a tour of the Guinness Nigeria Plc Ogba Brewery plant in Ikeja, Lagos state

L-R: Supply Chain Director, Guinness Nigeria Plc, Cephas Afebuameh; British High Commissioner to Nigeria, Paul Arkwright; and Corporate Relations Director, Guinness Nigeria Plc, Sesan Sobowale during a tour of the Guinness Nigeria Plc Ogba Brewery plant in Ikeja, Lagos state

L-R: Supply Chain Director, Guinness Nigeria Plc, Cephas Afebuameh; British High Commissioner to Nigeria, Paul Arkwright; Corporate Relations Director, Guinness Nigeria Plc, Sesan Sobowale, Human Resource Director, Monica Peach; and Acting Deputy British High Commissioner, Ahmed Bashir during the visit of the British High Commissioner to the Guinness Nigeria Plc Ogba Brewery plant in Ikeja, Lagos state

L-R: Supply Chain Director, Guinness Nigeria Plc, Cephas Afebuameh; British High Commissioner to Nigeria, Paul Arkwright; Corporate Relations Director, Guinness Nigeria Plc, Sesan Sobowale, Human Resource Director, Monica Peach; and Acting Deputy British High Commissioner, Ahmed Bashir during the visit of the British High Commissioner to the Guinness Nigeria Plc Ogba Brewery plant in Ikeja, Lagos state

 

 

British High Commissioner to Nigeria, Paul Arkwright, has commended Guinness Nigeria’s commitment to high quality standards and innovation in the Nigerian brewery industry as demonstrated by the company’s robust and diverse product portfolio and manufacturing facilities.

 

Arkwright said this during a tour of the Ogba brewery of Guinness Nigeria, located in Ikeja, Lagos. The tour lends credence to Guinness Nigeria’s status as a preeminent Nigerian company with roots in the United Kingdom and demonstrates a firm belief in the Nigerian business by the British government.

 

Speaking on the relationship between Britain and Guinness Nigeria, Arkwright noted that, “Guinness Nigeria has been here since 1962 when the very first brewery was built which shows the very long history between the UK, Diageo, a proud British company and the Nigerian market. During the tour, I noticed one of the plaques where the factory was unveiled by a former British Minister for Africa, Mr. Henry Bellingham. That’s a very good example of the solid partnership that has continued to wax strong over the years.”

Arkwright further commended Guinness on the cleanliness of the facility, the modern machinery being used as well as the due observance of safety protocols and regulation.

 

“I am amazed at the cleanliness, the technical sophistication and the adherence to health and safety guidelines, which is a very good example of commitment to quality and environmental protection. Guinness Nigeria  already employs lots of people here in Nigeria and they are looking at doing more, which provides an excellent example of how British companies are working with local partners to create jobs, stimulate economic activities and create a win-win situation for all stakeholders. It’s also heartwarming to see Guinness Nigeria drive innovation in the brewery industry, having just launched Orijin Zero, an absolutely brilliant drink,” Arkwright enthused.

 

In his welcome remark, the Managing Director and Chief Executive Officer of Guinness Nigeria Plc, Peter Ndegwa, who was represented by the Corporate Relations Director, Sesan Sobowale, expressed the company’s delight at the visit which he said had afforded the company an opportunity to showcase its commitment to the industrial and economic development of Nigeria.

 

Responding to the High Commissioner’s impression of the factory, Sobowale noted that Guinness Nigeria has been here for sixty –six years as an incorporated company having been profiled as the largest British company listed on the Nigerian Stock Exchange. “We have a large reputation, as such, the Commissioner came to witness first hand if the reality matches the enviable reputation that we have built over the years, and it is pleasing to see that he was not disappointed,” said Sobowale.

 

Furthermore, Sobowale welcomed the future entry of other British brands into the Nigerian market. “Our commitment to quality shines through everything that we do, which is why Nigerians love and adore our brands.  It is our belief and expectation that this relationship would grow stronger and that the High Commissioner would gladly share the great things which he has seen today with other British firms that are interested in investing in Nigeria.”

 

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Why You Should Visit EMERALD GARDEN 🍃 SANCTUARY in Pretoria

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Why You Should Visit EMERALD GARDEN 🍃 SANCTUARY in Pretoria

Why You Should Visit EMERALD GARDEN 🍃 SANCTUARY in Pretoria

 

Looking for the ultimate relaxation experience? Emerald Garden 🍃 Sanctuary offers a peaceful escape in the heart of Pretoria, where your body, mind, and soul can be rejuvenated. With a serene garden setting and a massage studio, you can enjoy treatments that soothe aches, relieve stress, and promote overall wellness.

 

🌿 A Massage for Every Need

Why You Should Visit EMERALD GARDEN 🍃 SANCTUARY in Pretoria

From gentle Swedish massages (starting at R280 for 30 minutes) to intense Deep Tissue therapy (add R100 to Swedish rates), Emerald Garden ensures you get the pressure you need. Prefer something even more indulgent? Try a Hot Stone Massage (R500 for 60 mins) or the deeply relaxing Indian Head Massage (R300 for 30 mins).

 

👣 Holistic Healing for Body & Soul

Reflexology: Treat your feet and improve circulation with sessions starting at R200.

 

Reiki Healing: Balance your energy and reduce stress (R380 for 60 mins).

Crystal & Gemstone Energy Bodywork: A powerful 90-minute session (R700), with an optional Reiki add-on.

 

💦 Detox & Refresh in the Steam Room

Enhance your massage with a steam session (starting at R250 for 30 mins). Perfect for detoxing and relaxing muscles before or after a treatment. Just remember—book in advance, as it takes an hour to heat up!

 

🕯️ Unique Experiences for Deep Relaxation

 

Tantric Massage (120 mins @ R1450) for deep connection and healing.

 

Nurturing Touch Massage in a tranquil garden setting with a water feature (R300–R700, depending on duration).

Pedicure with foot spa & massage (R400 for 60 mins).

 

🦜 Flexible Hours for Your Convenience

Open daily from 9:00 to 20:00.

Early bird sessions available—just arrange in advance!

 

Book your session now with Daniëla 🙌🪶 at 078 317 2539 and let Emerald Garden 🍃 Sanctuary transport you to a world of relaxation and healing!

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NNPC Reduces Petrol Pump Price to Match Dangote Refinery Amidst Market Competition

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NNPC Reduces Petrol Pump Price to Match Dangote Refinery Amidst Market Competition

NNPC Reduces Petrol Pump Price to Match Dangote Refinery Amidst Market Competition

The Nigerian National Petroleum Company Limited (NNPC) has reduced the pump prices of Premium Motor Spirit (PMS) at its retail outlets to align with the rates set by the Dangote Petroleum Refinery, signaling a new wave of competition in the downstream sector.

Our correspondents confirmed that NNPC-owned retail stations in Lagos adjusted their petrol price to N860 per litre on Monday, a significant reduction from the N945 per litre charged the previous day. This price adjustment follows Dangote Refinery’s decision to reduce its ex-depot price from N890 to N825 per litre, which in turn brought the pump price at MRS filling stations to N860 per litre.

Although NNPC Retail has yet to issue an official statement regarding the price reduction, stations in Lagos confirmed the adjustment. NNPC spokesperson Olufemi Soneye neither responded to calls nor messages regarding the development.

The National Vice President of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Hammed Fashola, confirmed the price change, stating, “It is true, NNPC is selling petrol at N860 in the filling stations. Though this has not been reflected on the portal, they told me they are working on updating it.”

Similarly, Billy Gillis-Harry, the National President of the Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN), affirmed the development but mentioned that he was yet to receive full details.

Since December 2024, the Dangote refinery has led price adjustments in the Nigerian fuel market, frequently revising its rates based on market dynamics. Observers note that NNPC has been reactive to these changes, lowering its own prices whenever Dangote introduces a reduction.

Shift in Consumer Preferences

It has been observed that fuel queues, once common at NNPC stations, have now shifted to private retail stations such as MRS. This trend is attributed to the perception that Dangote-refined petrol lasts longer in fuel tanks compared to others.

A recent report by Energy Intelligence highlighted how the 650,000 barrels per day Dangote refinery has transformed Nigeria’s petroleum market. The report stated, “The refinery has broken state-owned NNPC’s tight monopoly on refining and products marketing in Nigeria and has structurally shifted Atlantic Basin gasoline balances, pressuring European margins.”

Currently, the Dangote refinery and the NNPC’s Port Harcourt refinery are the only active petrol producers in Nigeria. However, NNPC has clarified that it still procures petrol from Dangote Refinery for its Lagos stations and has not imported fuel this year but remains open to doing so if necessary.

Concerns Over Market Competition

While stakeholders have welcomed the price competition between Dangote and NNPC, concerns remain about the long-term implications. The IPMAN Vice President, Hammed Fashola, described the ongoing price war as beneficial to consumers but warned against monopolistic tactics.

“It’s a good development. I just hope they can sustain it. I pray it will not be a strategy to eliminate competitors. If sustained, it will ease the hardship in the country and benefit everyone,” Fashola remarked.

In a surprising move, Dangote Refinery also announced a refund of N65 per litre for marketers who had purchased PMS at higher rates before the latest reduction. This is aimed at addressing complaints from marketers affected by the sudden price drop.

Fashola acknowledged this effort but noted that not all marketers may benefit. “Those who paid but have not lifted their products will be captured and reimbursed. However, some who bought the product earlier and still have it in their tanks may not be covered,” he said.

Abuja and Other Cities See Price Adjustments

In Abuja, NNPC stations reduced petrol prices to N880 per litre, a drop from the N965 per litre recorded last week. At an NNPC retail outlet in Federal Housing, Kubwa, a pump attendant confirmed the price change, stating that the adjustment took effect on Monday afternoon.

However, independent marketers have struggled to implement price reductions. Many stations along Airport Road, Jabi, and Wuse have either maintained their former prices or made only slight adjustments.

  • A.A Rano (Airport Road) reduced its price to N945 per litre from N970 per litre.
  • Shema (opposite Dunamis Church) continued selling at N960 per litre.
  • Bovas (Airport Road) remained at N970 per litre.
  • Mobil (Jabi) adjusted to N960 per litre.
  • Conoil (Jabi) sold at N950 per litre.

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Citigroup’s $81 Trillion Blunder: The Banking Error of the Century! 

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Citigroup's $81 Trillion Blunder: The Banking Error of the Century! 

Citigroup’s $81 Trillion Blunder: The Banking Error of the Century! 

 

In a jaw-dropping financial mishap, Citigroup mistakenly credited a mind-blowing $81 trillion—yes, TRILLION—to a customer’s account instead of the intended $280, in what could be one of the largest transaction errors in banking history.

According to a report by the Financial Times, the stunning blunder occurred in April 2024 and shockingly slipped past two separate employees before getting the green light for processing. It wasn’t until an hour and a half after the transaction was approved that a third worker caught the error—setting off a frantic reversal operation that took several hours to complete.

 A Near-Miss of Epic Proportions 

Though no actual funds left Citigroup’s vaults, the error was serious enough to be flagged to U.S. financial regulators, including the Federal Reserve and the Office of the Comptroller of the Currency.

“Despite the fact that a payment of this size could not actually have been executed, our detective controls promptly identified the inputting error between two Citi ledger accounts, and we reversed the entry,” a Citi spokesperson explained in an emailed statement.

The blunder did not financially impact the customer or the bank, but it sheds light on Citi’s ongoing struggles with internal controls. The FT report revealed that the bank recorded 10 ‘near-miss’ transactions of $1 billion or more in 2024 alone, a slight improvement from 13 major errors in 2023.

 A Costly Pattern? 

Citigroup is no stranger to high-profile transaction errors. In 2020, the bank infamously wired $900 million by mistake to creditors of Revlon, sparking a lengthy legal battle. While the $81 trillion error was caught before any funds could be moved, it underscores the potentially catastrophic risks lurking in the world of high-speed digital banking.

With regulators closely watching, the pressure is on for Citi to tighten its financial controls—before the next error turns into an irreversible disaster.

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