BRICS (Brazil, Russia, India, China, and South Africa) is an informal group of countries seeking a shift from the classical policy of 'balance of power' to 'rebalancing of power' in international relations,
Nigeria has been accepted as a partner country in the BRICS bloc, which consists of developing economies. This addition brings one of Africa's largest
Nigeria is Africa’s fourth-largest economy and the world’s sixth-most populous nation The Brazilian Government of Luiz Inácio Lula da Silva, in charge of the rotating presidency of the BRICS ...
The BRICS countries are usually noted for their cooperation in the organization of the new world economic order.
ABUJA, Nigeria -- Nigeria has been admitted as a “partner country” of the BRICS bloc of developing economies, according to Brazil, the group’s chair. BRICS was formed by Brazil, Russia, India and China in 2009, with South Africa added in 2010, as a counterweight to the Group of Seven leading industrialized nations.
The BRICS group of emerging-market powers — the acronym stands for Brazil, Russia, India, China and South Africa — has gone from a slogan dreamed up at an investment bank two decades ago to a real-world club that controls a multilateral lender.
In a world where emerging economies are reshaping global trade and power dynamics, Nigeria’s recent inclusion as a “partner country” in the BRICS bloc is a milestone.
Brics welcomed Iran, Egypt, Ethiopia, and the United Arab Emirates as new members. Saudi Arabia has also been invited to join. Turkey, Azerbaijan, and Malaysia have formally applied for membership
Nigeria’s economic stability could be bolstered by currency swap agreements with BRICS countries, enabling trade in local
ABUJA, NIGERIA - Nigerian authorities said this week that the nation's new partnership status with the BRICS bloc could unlock critical opportunities in trade, investment and agriculture. Nigerian President Bola Tinubu's special adviser told Lagos-based ...
Nigeria has been admitted as a partner country to the Brics bloc of developing economies, adding one of Africa's largest economies to the growing alliance of emerging market countries. Brazil, the group's chair,
The Cuban regime officially requested to join BRICS in early October 2024, as reported at the time by Carlos Pereira, Director of Bilateral Relations at the Cuban Foreign Ministry. The request was made through a letter addressed to Putin, who held the rotating presidency of the group in 2024.