US President Donald Trump delivered a blunt warning to Brics nations on Thursday, declaring that if they proceed with launching a common currency, they would face a 100% tariff on all imports into the United States. He also asserted that “Brics is dead.” This statement came just hours before his scheduled meeting with Prime Minister…
President Donald Trump has threatened the BRICS group of emerging economies with tariffs of 100 per cent if they move away from the U.S. dollar as an international means of payment. “The idea that the BRICS countries are trying to move away from the dollar while we stand by and watch is over,” Mr Trump…
Nigeria has officially joined Brazil, Russia, India, China, and South Africa (BRICS), an intergovernmental organisation that aims to promote economic and geopolitical cooperation among its member countries. This was confirmed by the Brazilian government in a statement issued on its website on Friday, which said that Nigeria becomes the ninth partner country of BRICS, alongside…
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…