Vice President Kashim Shettima has lauded the deepening economic ties between Nigeria and BRICS nations, highlighting a significant $1.27 billion inflow of foreign capital from the bloc as of June.
The BRICS bloc— originally comprising Brazil, Russia, India, China, and South Africa—is a coalition of major emerging economies focused on fostering economic cooperation, advocating for global governance reforms, and financing development through initiatives like the New Development Bank.
This marks a substantial rise from $438.72 million during the same period in 2023, reflecting Nigeria’s strategic engagement with BRICS economies to drive development.
