Brazil has announced Nigeria’s admission as a partner country in the BRICS alliance. In a statement on Friday. Brazil’s Foreign Ministry said: “The Brazilian government welcomes the Nigerian government’s decision”. Originally comprising Brazil, Russia, India, China, and South Africa, the alliance began to expand after more coun!tries sought to join the group of leading emerging economies. The alliance’s partner-country category …

The Federal Government has called the bluff of the President-elect of the United States of America, Donald Trump, after he threatened to sanction countries that embraced BRICS. In October, Nigeria emerged as a partner country of BRICS. This is a move towards becoming a full member in the next two years. BRICS, originally an acronym for Brazil, Russia, India, and …

Nigeria is seeking the support of South Africa to secure full membership in the G20 and BRICS. In a statement on Monday, the presidential spokesperson, Bayo Onanuga, said that Nigeria is also eyeing membership in the BRICS New Development Bank (NDB). Onanuga said the expanded BRICS boasts of being the engine of global economic growth in recent years, accounting for …