• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

Nigeria ready to loosen ties with the West as it attempts to join BRICS 

2 years ago
in Business, Economy, Features, highlights, Home, home-news, latest News
2 min read
0 0
0
94
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

RelatedPosts

Multichoice Rebuffs Minister’s Claim On DSTV Price Cuts, Cites Market Conditions

MTN Nigeria Now the Most Capitalized Stock in Nigeria

Nigerian Stock Market Creates Largest Pool of Billion-Dollar Stocks in 2025

Nigeria ready to loosen ties with the West as it attempts to join BRICS 

Nigeria, Africa’s largest economy, is attempting to join the elusive BRICS club in order to become an influential force on the world economic stage, as reported by Bloomberg.

According to the country’s Minister of Foreign Affairs, Yusuf Tuggar, Nigeria hopes to join the group within 2 years. He also disclosed the country’s intention to join other beneficial groups with good and well-defined intentions.

“Nigeria has come of age to decide for itself who her partners should be and where they should be, being multiple aligned is in our best interest,” the minister stated.

“We need to belong to groups like BRICS, like the G-20 and all these other ones because if there’s a certain criterion, say the largest countries in terms of population and economy should belong, then why isn’t Nigeria part of it?” he added.

The BRICS group and what it stands for

The BRICS group, originally consisting of Brazil, Russia, India, China, and South Africa has been aggressively pushing to change the order of the globe’s economic structure. The group’s primary intention is to dominate the global market by increasing its economic influence.

To accomplish this, the group began by bringing together the aforementioned original members, all of whom share a similar economic ethos. Very recently they decided to add new members to the group to further strengthen its cause, and step up its efforts in reshaping the current status quo. BRICS, at its core, intends to rupture the strong economic influence the West has had on the world for centuries.

The new members it added shortly after its annual summit in August include, Saudi Arabia, Iran, Ethiopia, Egypt, Argentina and the United Arab Emirates, and Nigeria is looking to join this group.

It is believed that Nigeria has not yet joined because of its long-standing strong ties with the West.

It is also very highly contentious if Nigeria has in fact applied to be a part of the group in the past. While the Vice President of the country, Kashim Shettima, denied any claims that Nigeria has applied for membership in the BRICS group, publicly available information on nations that have expressed interest in and sought to join BRICS, include Nigeria.

In any case, Nigeria has now placed its name in the BRICS hat and can present a strong case to join the group, seeing as it boasts Africa’s largest economy.

Tags: BRICSNigeriaNigeria ready to loosen ties with the West as it attempts to join BRICS
No Result
View All Result

Highlights

OPEC+ Nears Decision Point on Next Oil Output Hike

Europe’s Energy Future Hinges on Global Powers

US Companies Cut Investments in China to Record Lows, Here’s Why

How AI is Rewriting and Enhancing Water Risk Management

SheFarms Broiler Edition Kicks Off in Greater Accra

PharmAccess Ghana, Healthcare Federation of Ghana sign SafeCare License Agreement; to use Newest ISQua-Certified Version 5

Trending

Business

Multichoice Rebuffs Minister’s Claim On DSTV Price Cuts, Cites Market Conditions

August 3, 2025

Multichoice Rebuffs Minister's Claim On DSTV Price Cuts, Cites Market Conditions MultiChoice Ghana has pushed back against...

MTN Nigeria Now the Most Capitalized Stock in Nigeria

August 3, 2025

Nigerian Stock Market Creates Largest Pool of Billion-Dollar Stocks in 2025

August 3, 2025

OPEC+ Nears Decision Point on Next Oil Output Hike

August 3, 2025

Europe’s Energy Future Hinges on Global Powers

August 3, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.