Nigeria Joins BRICS as Partner Nation: Africa’s Largest Economy Takes Seat at Global Economic Table
Video Credit: Oneindia - Duration: 03:24s - Published
Nigeria Joins BRICS as Partner Nation: Africa’s Largest Economy Takes Seat at Global Economic Table
Nigeria has officially been welcomed as a partner country in the BRICS alliance, marking a major milestone for Africa’s largest economy.
Brazil announced this historic development, highlighting Nigeria’s significant role in global governance and South-South cooperation.
Joining other partner nations like Belarus, Cuba, and Malaysia, Nigeria now aligns with one of the world’s most influential economic alliances, initially formed by Brazil, Russia, India, China, and South Africa.
What does this mean for Nigeria and global economic dynamics?
Watch the full video to find out!
#NigeriaInBRICS #BRICS2025 #GlobalEconomy #EmergingMarkets #SouthSouthCooperation #AfricaRising #BRICSAlliance #NigeriaEconomy #WorldNews #EconomicDevelopment
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Nigeria flood disaster leaves 200 dead and thousands displaced
At least 200 people have died after flash floods tore through the Nigerian town of Mokwa, following hours of intense rainfall early on Thursday morning.
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In a dramatic geopolitical shift, Russia has withdrawn from a long-standing military cooperation agreement with Germany, originally signed in 1996. Prime Minister Mikhail Mishustin's move follows a cascade of sanctions from Western allies and Germany’s support for Ukraine. Russia's Foreign Ministry labeled Berlin's stance as "openly hostile" and accused Germany of pursuing aggressive militaristic policies.
The collapse of this bilateral framework underscores Moscow's pivot toward nations like North Korea, Iran, and China. In recent weeks, Foreign Minister Sergey Lavrov has met with North Korean leader Kim Jong Un—who pledged unconditional support for Russia’s war—and Iranian officials during the BRICS summit. Meanwhile, President Putin hinted at retaliatory arming of regions to strike Western targets. As the West distances itself from Moscow, Russia deepens its ties with fellow sanctioned states, signaling a bold new strategic alignment.
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During the signing of the landmark GENIUS Act, President Trump launched a spectacular verbal assault on BRICS, calling the bloc a “little group fading fast”, accusing it of trying to dethrone the US dollar. He reaffirmed his threat of a 10% tariff on any country joining the alliance, claiming the measure “hit them very hard” and caused BRICS attendance to collapse. Trump emphasized the GENIUS Act’s role in cementing American leadership in crypto and finance, proudly noting, “They named it after me!”
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NATO Secretary General Mark Rutte has issued a stern warning to BRICS nations—India, China, and Brazil—over their continued trade ties with Russia. Following a meeting with Donald Trump, who gave Putin a 50-day peace deadline, Rutte threatened 100% tariffs and secondary sanctions if these nations fail to pressure Moscow. The move marks a shift toward coordinated global economic pressure to end the war. Trump echoed the warning, hinting at penalties for “anti-American policies” amid escalating geopolitical tensions.
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Thailand and Cambodia have announced an immediate and unconditional ceasefire after weeks of intense fighting. Leaders from both nations met in a closed-door session and declared the agreement “in good faith.” Cambodian PM Hun Manet praised the talks and thanked nations including the U.S., China, and Malaysia for brokering peace. Over 300,000 people displaced by the conflict are now expected to return home. Military leaders will meet to coordinate next steps, while ASEAN prepares for further negotiations to stabilize the region.
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U.S. Secretary of State Marco Rubio arrives in Malaysia to lead urgent ceasefire talks between Cambodia and Thailand amid the deadliest border clashes in over a decade. President Trump warns both nations that continued fighting will halt all trade agreements with the United States, pushing for peace or facing severe economic consequences. With over 30 dead and 200,000 displaced, the region teeters on the brink of wider conflict as Washington intensifies its diplomatic efforts to prevent escalation. Watch the full breakdown of this escalating Southeast Asia crisis and America’s high-stakes intervention.
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Thailand and Cambodia meet in Malaysia for ceasefire talks as clashes continue
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Russian President Vladimir Putin has called U.S. President Donald Trump a “courageous man,” saying he once again respects America under Trump’s leadership. During his visit to Belarus, Putin praised Trump for surviving last year’s assassination attempt and credited him with restoring direct U.S.-Russia communications.
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Kyiv is reeling after another brutal missile and drone strike hit the Shevchenkivskyi district, targeting a nine-story residential building and causing it to collapse. At least six people, including a young child, have been killed, and over 50 others injured, with casualty numbers expected to rise. Emergency responders are desperately working to rescue survivors trapped under the rubble. The attacks hit at least 27 locations across the city, with the Solomianskyi and Sviatoshynskyi districts suffering the heaviest damage.
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Kyiv faced a brutal night of missile and drone attacks, leaving at least six people dead — including a young child — and over 50 injured. A nine-story residential building collapsed, trapping many under rubble as rescue teams race against time. The attacks hit 27 locations across the city, with the worst damage in Solomianskyi and Sviatoshynskyi districts. Amid this chaos, US President Trump has set an August 8 deadline for Putin to advance peace talks, warning of severe sanctions if Russia fails to comply. Watch for the latest updates on this escalating conflict.
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Despite bold rhetoric, President Trump is unlikely to follow through on secondary tariffs targeting Russian trade partners. Speaking in the UK, Trump extended his tariff deadline again, repeating a familiar pattern of threats with little enforcement. Russian markets rose following his speech, reflecting global skepticism. Experts say enforcing tariffs on nations like China or India could backfire, straining diplomatic ties and fueling inflation at home. As Putin vows to continue the Ukraine war, Trump’s tactics seem more bark than bite—aimed at leverage, not real economic penalties.
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On Russia’s Navy Day, Ukrainian drones rained over St. Petersburg, forcing the cancellation of a key naval parade and halting flights at Pulkovo Airport. Russia’s Defense Ministry claims it downed 291 drones. Meanwhile, Moscow retaliated with strikes on Kyiv, wounding civilians and damaging homes. In Sumy, a Russian drone hit a civilian bus, killing 3. As the war enters its 1250th day, tensions rise beyond the battlefield, with EU leaders urging Zelensky to preserve anti-corruption reforms and Austria signaling interest in joining NATO.
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