Nigeria TV Info – Newsroom | July 2025

Nigeria marked a historic presence at the recent BRICS Summit, joining leaders from Brazil, Russia, India, China, and South Africa in a bold effort to reshape the global economic balance. As Africa’s largest economy and most populous country, Nigeria’s participation sent a clear message: Africa is ready to lead.

🤝 Stronger Together: BRICS and Nigeria
The summit, held in Russia, focused on expanding the BRICS bloc's influence in global trade, finance, and development. Nigeria's delegation, led by President Bola Ahmed Tinubu, emphasized the country’s strategic value in Africa and its readiness to deepen cooperation in energy, agriculture, and infrastructure.

“We believe that multilateral cooperation within BRICS can fast-track Nigeria’s goals in industrialization, digital transformation, and food security,” said the president.

🌍 Why This Matters
BRICS countries represent:

Over 40% of the world’s population

About 25% of global GDP

A rising alternative to Western-dominated institutions

With Nigeria now aligning with BRICS goals, the nation stands to benefit from:

Low-interest development financing

Technology exchange

Expanded markets for Nigerian goods and services

🚀 What’s Next?
Economic experts believe this new diplomatic alignment could:

Accelerate Nigeria’s access to foreign investment

Strengthen the naira through non-dollar trade mechanisms

Empower Nigerian entrepreneurs to connect with emerging global markets