Nigeria Becomes a BRICS Partner Nation After Securing $1.27 Billion in Foreign Investment This Year

Nigeria has officially joined BRICS as a partner country, alongside 12 other nations, further strengthening its economic ties with the intergovernmental bloc. This announcement was made at the ongoing BRICS summit in Kazan, Russia, held from October 22 to 24, 2024. Nigeria’s inclusion comes on the heels of a significant surge in foreign capital inflows from BRICS nations, which rose by 189% in the first half of 2024, reaching $1.27 billion, compared to $438.72 million during the same period in 2023. Nigeria and 12 others join BRICS as partner countries not full members. The 12 additional countries joining as partner nations include…..Read Full Article