ABUJA, Nigeria -- Nigeria has been admitted as a “partner country” of the BRICS bloc of developing economies, according to Brazil, the group’s chair. BRICS was formed by Brazil, Russia, India and China in 2009, with South Africa added in 2010, as a counterweight to the Group of Seven leading industrialized nations.

Brics welcomed Iran, Egypt, Ethiopia, and the United Arab Emirates as new members. Saudi Arabia has also been invited to join. Turkey, Azerbaijan, and Malaysia have formally applied for membership

Nigeria's inclusion in BRICS marks a significant step for Africa's economy, enhancing its role in global governance and economic cooperation.- Watch Video on English Oneindia

Brazil has formally announced Nigeria’s admission as a partner country in the BRICS alliance. The Brazilian foreign ministry communicated the development in a statement on Friday. “The Brazilian government welcomes the Nigerian government’s decision,” the statement said.

Nigeria has officially joined BRICS as a partner country. This aligns with the group's strategy to increase its influence, particularly in opposing the G7 countries, with Russia playing a key role in this process.