Nigeria has officially joined BRICS as a partner country, alongside 12 other nations, enhancing its economic ties with the bloc.
The announcement came during the BRICS summit in Kazan, Russia, held from October 22 to 24, 2024.
This development follows a significant rise in foreign capital inflows from BRICS nations to Nigeria, which surged by 189% in the first half of 2024.
Other partner countries added include Algeria, Indonesia, Turkey, and Uzbekistan, while four countries, including Iran, gained full membership earlier in 2024.
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