On January 18, Brazil announced the admission of Nigeria 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. With this admission, Nigeria became the ninth partner country and the second African nation to achieve this status after Uganda.
Nigeria has received the first shipment of Belarusian agricultural machinery, including 2,000 tractors and over 9,000 pieces of agricultural equipment.
US policy since the 47th president’s inauguration has notably shifted. From its traditional focus on partnership with Europe,
Troubled by the incessant arrest of its citizens for fraud and other criminal activities in Nigeria, the Chinese government is stepping in.
The Chinese Consulate General in Lagos, Nigeria, Yan Yuqing, says African nations should leverage their resources and market advantages to engage more in international cooperation while maintaining sovereignty and economic independence.
Last chance to book your ticket for our 2025 Security and Defence conference. How is Nigeria positioning itself within the evolving global order, and what are its strategic foreign policy priorities?
Brics is "more relevant than ever" and a "multilateral approach ... for the limitations of the rules-based multilateral trade system", Brazilian Foreign Minister Mauro Vieira said on Tuesday as the South American country prepares to host the bloc's summit in July.
Lord Jim O’Neill said BRICS lacks substance in economic cooperation. Dedollarisation would mean sacrificing monetary policy independence—something India would never accept
US President Donald Trump on Thursday claimed that the BRICS nations have "broken up", days after he threatened them with 100 per cent tariffs if they tried to seek an alternative for the US dollar.
BRICS aims to expand the use of local currencies among its member countries to lower the costs of commercial and financial operations within the bloc.
As Indian Foreign Minister Subrahmanyam Jaishankar aptly noted, BRICS is not anti-Western, but simply a non-Western grouping.