SCO & BRICS latest news and insights
By Baba Yusuf
“With each new day in Africa, a gazelle wakes up knowing he must outrun the fastest lion or perish. At the same time, a lion stirs and stretches, knowing he must outrun the fastest gazelle or starve. It is no different for the human race. Whether you consider yourself a gazelle or a...
By Julius Alagbe
A group of academicians have emphasised the need for Nigeria to join BRICS, an economic bloc comprising Brazil, Russia, India, China and South Africa for economic transformation.
The experts made the call at a summit in Abuja on Tuesday, with the theme: “BRICS+ And Global South...
By Rhod Mackenzie
On March 6, Russian Foreign Minister Sergei Lavrov announced that Russia considers Nigeria a priority partner in Africa.
...Amidst the ongoing Russia-Ukraine war, more countries have shifted from decades-long petrodollar, as over a fifth of global oil trade in 2023 were completed in currencies different from the U.S. dollar.
Coming at a time when operators in Nigeria are seeking ways to settle domestic oil and gas trad...
By Rhod Mackenzie
The decrease in pipeline supplies from Russia is compelling Europe to continually seek new gas sources amid long term global supply issues. The largest economy in the bloc, Germany, is looking to overcome the deficit by sourcing gas from Nigeria, which boasts the largest reserves...
By Frank Eleanya
Many Nigerians and members of the international community were surprised that Nigeria, the largest economy in Africa, was not invited as one of the new members of the regional economic bloc BRICS.
However, Haruna Manta, Nigeria’s High commissioner in South Africa, said Nigeria w...
