{"id":40056,"date":"2025-01-19T23:25:45","date_gmt":"2025-01-19T23:25:45","guid":{"rendered":"https:\/\/appsaf.apieproject.com\/news\/?p=40056"},"modified":"2025-01-26T23:50:31","modified_gmt":"2025-01-26T23:50:31","slug":"nigeria-becomes-a-bricks-member","status":"publish","type":"post","link":"https:\/\/appsaf.apieproject.com\/news\/2025\/01\/19\/nigeria-becomes-a-bricks-member\/","title":{"rendered":"Nigeria Becomes A Bricks Member"},"content":{"rendered":"\n<p>Nigeria has been admitted as a \u201cpartner country\u201d of the\u00a0BRICS bloc\u00a0of developing economies, according to Brazil, the group\u2019s chair.<\/p>\n\n\n\n<p>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.<\/p>\n\n\n\n<p>Last year, the bloc added Iran, Egypt, Ethiopia and the United Arab Emirates. Saudi Arabia has been invited to join.\u00a0Turkey, Azerbaijan and Malaysia have formally applied to become members, and\u00a0a few others\u00a0have expressed interest.<\/p>\n\n\n\n<p>Nigeria becomes the ninth BRICS partner country, joining Belarus, Bolivia, Cuba, Kazakhstan, Malaysia, Thailand, Uganda, and Uzbekistan.<\/p>\n\n\n\n<p>\u201cWith the world\u2019s sixth-largest population \u2014 and Africa\u2019s largest \u2014 as well as being one of the continent\u2019s major economies, Nigeria shares convergent interests with other members of BRICS,\u201d Brazil\u2019s government said in a statement Friday.<\/p>\n\n\n\n<p>\u201cIt plays an active role in strengthening South-South cooperation and in reforming global governance \u2014 issues that are top priorities during Brazil\u2019s current presidency.\u201d<\/p>\n\n\n\n<p>President-elect Donald Trump\u00a0last year threatened 100% tariffs against BRICS if they act to undermine the U.S. dollar. The bloc\u2019s leaders have voiced their commitment to introduce an alternative payment system that would not be dependent on the dollar.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nigeria has been admitted as a \u201cpartner country\u201d of the\u00a0BRICS bloc\u00a0of developing economies, according to Brazil, the group\u2019s 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. Last year, the bloc added Iran, Egypt, Ethiopia [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":40057,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[248,16],"tags":[7,249,26],"class_list":{"0":"post-40056","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"category-news","9":"tag-apie-project","10":"tag-economy","11":"tag-news"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Nigeria Becomes A Bricks Member - APIE NEWS<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/appsaf.apieproject.com\/news\/2025\/01\/19\/nigeria-becomes-a-bricks-member\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nigeria Becomes A Bricks Member - APIE NEWS\" \/>\n<meta property=\"og:description\" content=\"Nigeria has been admitted as a \u201cpartner country\u201d of the\u00a0BRICS bloc\u00a0of developing economies, according to Brazil, the group\u2019s 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. 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