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Global Patriot Staff

CBN seals deal with China’s ICBC on yuan

The Industrial and Commercial Bank of China Ltd (ICBC) , the world’s biggest lender, and the Central Bank of Nigeria, Tuesday, formally signed an agreement on yuan transactions, a Chinese Foreign Ministry official confirmed. “It means that the yuan is free to flow among different banks in Nigeria and the …

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Mohammed inaugurates MOPICON Draft Document; decries disunity in movie industry

Minister of Information and Culture, Mr Lai Mohammed, on Tuesday, decried the level of disunity and prevailing structural deficiency in the nation’s movie industry. The minister spoke in Lagos at the inauguration of the Ministerial Committee on Review of Motion Picture Council of Nigeria (MOPICON) Draft Document. He said the …

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President Buhari worries over huge trade imbalance between Nigeria, China; charges stakeholders to reduce trade deficit; insists Nigeria’s future is bright

President Muhammadu Buhari has called on Nigerian and Chinese business communities to work hard to reduce the trade imbalance between the two countries currently in China’s favour. A statement issued in Abuja by Mr Femi Adesina, the Special Adviser on Media and Publicity to the President, said Buhari made the …

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Road constructions: Lagos sues for patience, outlines alternative routes for motorists in Abule-Egba, Ajah, others

The Lagos State Commissioner for Works and Infrastructure, Engr. Ganiyu Johnson has solicited for the the patience, understanding and co-operation of motorists and all road users in view of the inconveniences caused by the various road construction work embarked upon by the State Government in different part of the state. …

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Encomiums galore as state government, clerics, monarchs, associates, honour Evangelist Ebenezer Obey @ 74

The Decross Gospel Mission, ‘Headquarters of Praise’ in Iyana Ipaja, Lagos, was filled to capacity, last Sunday, as dignitaries from all walks of life trooped in to felicitate with music legend and General Overseer of the church, Evangelist Ebenezer Obey-Fabiyi, who is in a thanksgiving service to mark his 74th …

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Presidency denies rejecting 2016 budget

Amid reports of conflict between the Executive and the Legislature resulting in the stalling of the 2016 Budget, the Presidency, Monday, said President Muhammadu Buhari did not reject the document. Senator Ita Enang, Senior Special Assistant to the President on National Assembly Matters (Senate), said the President did not reject …

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