IBOV 169,083 ▲ 0.37% IPSA 10,850 ▲ 0.36% IPC MEX 68,638 ▲ 0.49% MERVAL 3,329,216 ▲ 1.13% COLCAP 2,394.24 ▲ 0.72% BVL PERÚ 58,000.52 ▲ 2.50% USD/BRL5.17▲ 1.07% USD/MXN17.36▲ 0.32% USD/CLP894.95▲ 0.48% USD/COP3,468▲ 1.02% USD/PEN3.38▲ 0.10% USD/ARS1,448▲ 0.42% USD/UYU39.97▲ 0.23% USD/PYG6,069▲ 1.27% USD/BOB6.86▲ 1.38% USD/DOP58.33▼ 0.29% USD/CRC450.55▲ 1.55% USD/GTQ7.62▲ 2.21% USD/HNL26.67▲ 0.47% USD/NIO36.62▲ 0.31% USD/VES600.83▲ 2.41% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.09▲ 0.26% USD/TTD6.70▲ 0.49% EUR/BRL5.93▲ 0.18% BRENT 77.03 ▼ 3.17% WTI 73.26 ▼ 4.60% IRON ORE 161.91 — — COPPER 6.40 ▼ 1.24% GOLD 4,267 ▼ 2.12% SILVER 66.43 ▼ 6.04% SOY 1,141 ▲ 0.82% CORN 416.00 ▼ 1.19% WHEAT 613.00 ▲ 0.04% COFFEE 271.25 ▼ 2.38% SUGAR 14.14 ▲ 2.09% ORANGE JUICE 150.85 ▲ 1.34% COTTON 79.66 ▲ 3.59% COCOA 4,111 ▼ 0.80% BEEF 248.78 ▼ 2.72% CATTLE 368.93 ▲ 0.41% LITHIUM 82.52 ▼ 0.67% PETR4 37.97 ▼ 1.56% VALE3 79.79 ▲ 0.01% ITUB4 41.27 ▲ 2.06% BBDC4 17.76 ▲ 1.20% ABEV3 16.25 ▲ 0.37% BBAS3 19.64 ▲ 1.19% B3SA3 14.47 ▼ 0.96% WEGE3 45.91 ▲ 4.82% PRIO3 55.96 ▼ 1.37% SUZB3 43.38 ▲ 2.72% RENT3 40.58 ▲ 0.10% AZZA3 16.68 ▲ 0.48% CSAN3 3.46 ▼ 0.29% RAIZ4 0.44 ▲ 4.76% PCAR3 1.80 ▲ 7.14% GMAT3 3.85 ▲ 0.26% PSSA3 52.27 ▲ 1.40% CVCB3 1.31 — 0.00% POSI3 3.79 ▲ 1.61% SLCE3 13.68 ▼ 0.51% NATU3 7.71 ▼ 1.53% BRKM5 7.83 ▼ 6.45% RANI3 7.88 ▲ 0.13% CSNA3 5.41 ▼ 3.91% CMIN3 4.25 ▼ 0.47% USIM5 9.25 ▼ 3.24% GGBR4 22.20 ▼ 2.67% ENEV3 24.42 ▲ 1.41% NEOE3 33.80 — 0.00% CPFE3 43.72 ▲ 0.67% CMIG4 10.73 ▲ 0.85% EQTL3 37.38 ▲ 0.78% LREN3 14.17 ▼ 1.94% VIVT3 33.09 ▲ 0.70% RAIL3 12.42 ▼ 0.24% KLABIN 17.11 ▲ 0.88% RAIA DROGASIL 17.40 ▼ 0.63% RDOR3 33.26 ▲ 0.42% HAPV3 10.77 ▲ 1.80% FLRY3 14.98 ▲ 1.97% SMTO3 14.69 ▼ 5.41% UGPA3 24.73 ▲ 2.23% VBBR3 28.79 ▲ 1.66% BBSE3 39.92 ▲ 1.58% BPAC11 51.35 ▲ 1.91% CURY3 32.98 ▲ 3.45% AERI3 2.28 ▲ 0.44% VIVARA 21.06 ▲ 1.64% COMPASS 25.20 ▲ 0.80% VAMOS 2.72 ▲ 0.37% SANB11 27.25 ▲ 0.63% ASAI3 7.81 ▲ 0.13% SBSP3 27.51 ▲ 0.18% WALMEX 51.73 ▼ 0.12% GMEXICO 214.31 ▼ 0.18% FEMSA 220.87 ▲ 1.21% CEMEX 22.21 ▲ 1.69% GFNORTE 191.63 ▲ 0.27% BIMBO 57.83 ▲ 0.19% TELEVISA 10.44 ▼ 0.67% AMX 23.08 ▲ 0.70% GAP 436.77 ▲ 1.20% ASUR 307.35 ▲ 1.97% OMA 242.18 ▼ 0.06% KOF 189.29 ▲ 1.71% GRUMA 292.33 ▼ 0.06% KIMBER 37.61 ▼ 0.84% SQM-B 72,169 ▼ 2.54% COPEC 6,022 ▲ 0.53% BSANTANDER 73.60 ▲ 1.22% FALABELLA 6,078 ▲ 0.42% ENELAM 77.55 ▲ 0.77% CENCOSUD 2,135 ▲ 1.18% CMPC 1,060 ▼ 0.49% BANCO CHILE 181.09 ▲ 1.17% LATAM AIR 25.11 ▲ 3.42% YPF 76,225 ▼ 0.59% GGAL 8,620 ▲ 3.05% PAMPA 5,200 ▲ 0.87% TXAR 676.00 ▼ 0.44% ALUAR 1,005 ▲ 0.40% TGS 9,475 ▼ 0.79% CEPU 2,372 ▼ 0.04% MIRGOR 16,300 ▼ 3.26% COME 45.43 ▲ 0.91% LOMA NEGRA 3,540 ▼ 0.98% BYMA 314.00 ▲ 0.08% TELECOM ARG 4,185 ▼ 4.34% ECOPETROL 15.97 ▲ 1.91% BANCOLOMBIA 80.38 ▲ 0.54% GRUPO AVAL 5.58 ▼ 0.00% CREDICORP 387.77 ▲ 0.21% SOUTHERN COPPER 190.51 ▼ 0.61% BUENAVENTURA 32.99 ▼ 3.67% MERCADOLIBRE 1,639 ▲ 0.45% NUBANK 13.04 ▲ 1.12% XP 15.45 ▲ 0.19% PAGSEGURO 8.93 ▲ 0.22% STONE 10.82 ▲ 0.46% GLOBANT 31.78 ▼ 8.18% TECNOGLASS 47.01 ▲ 4.17% GAP AIRPORT 251.79 ▲ 1.28% ASUR 307.35 ▲ 1.97% OMA AIRPORT 112.09 ▲ 0.50% AMX ADR 26.57 ▲ 0.45% FEMSA ADR 127.42 ▲ 1.48% CEMEX ADR 12.79 ▲ 1.50% PETROBRAS ADR 16.40 ▼ 2.32% VALE ADR 15.44 ▼ 0.58% ITAU ADR 7.97 — 0.00% SANTANDER BR 5.36 ▼ 0.28% AMBEV ADR 3.14 ▼ 0.13% CSN 1.07 ▼ 4.91% GERDAU 4.32 ▼ 3.79% LATAM ADR 56.27 ▲ 3.16% BTC 63,585 ▼ 1.29% ETH 1,733 ▼ 0.87% SOL 70.64 ▼ 1.79% XRP 1.16 ▼ 2.37% BNB 588.00 ▼ 2.16% ADA 0.16 ▼ 1.62% DOGE 0.08 ▼ 2.76% AVAX 6.55 ▼ 2.98% LINK 7.97 ▼ 1.29% DOT 0.97 ▼ 2.81% LTC 43.85 ▼ 2.25% BCH 203.69 ▼ 4.03% TRX 0.32 ▼ 0.64% XLM 0.25 ▲ 9.02% HBAR 0.08 ▼ 1.15% NEAR 2.26 ▲ 3.91% ATOM 1.83 ▼ 3.70% AAVE 73.52 ▼ 0.31% SELIC 14.25% EMBRAER 80.10 ▲ 1.73% EMBRAER ADR 62.12 ▲ 1.31% JBS 12.21 ▼ 0.12% JBS BDR 62.95 ▲ 0.99% MBRF3 15.59 ▲ 0.58% MBRFY 2.97 ▲ 1.37% INTER 5.59 ▲ 0.45% IBOV 169,083 ▲ 0.37% IPSA 10,850 ▲ 0.36% IPC MEX 68,638 ▲ 0.49% MERVAL 3,329,216 ▲ 1.13% COLCAP 2,394.24 ▲ 0.72% BVL PERÚ 58,000.52 ▲ 2.50% USD/BRL 5.17 ▲ 1.07% USD/MXN 17.36 ▲ 0.32% USD/CLP 894.95 ▲ 0.48% USD/COP 3,468 ▲ 1.02% USD/PEN 3.38 ▲ 0.10% USD/ARS 1,448 ▲ 0.42% USD/UYU 39.97 ▲ 0.23% USD/PYG 6,069 ▲ 1.27% USD/BOB 6.86 ▲ 1.38% USD/DOP 58.33 ▼ 0.29% USD/CRC 450.55 ▲ 1.55% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.67 ▲ 0.47% USD/NIO 36.62 ▲ 0.31% USD/VES 600.83 ▲ 2.41% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.09 ▲ 0.26% USD/TTD 6.70 ▲ 0.49% EUR/BRL 5.93 ▲ 0.18% BRENT 77.03 ▼ 3.17% WTI 73.26 ▼ 4.60% IRON ORE 161.91 — — COPPER 6.40 ▼ 1.24% GOLD 4,267 ▼ 2.12% SILVER 66.43 ▼ 6.04% SOY 1,141 ▲ 0.82% CORN 416.00 ▼ 1.19% WHEAT 613.00 ▲ 0.04% COFFEE 271.25 ▼ 2.38% SUGAR 14.14 ▲ 2.09% ORANGE JUICE 150.85 ▲ 1.34% COTTON 79.66 ▲ 3.59% COCOA 4,111 ▼ 0.80% BEEF 248.78 ▼ 2.72% CATTLE 368.93 ▲ 0.41% LITHIUM 82.52 ▼ 0.67% PETR4 37.97 ▼ 1.56% VALE3 79.79 ▲ 0.01% ITUB4 41.27 ▲ 2.06% BBDC4 17.76 ▲ 1.20% ABEV3 16.25 ▲ 0.37% BBAS3 19.64 ▲ 1.19% B3SA3 14.47 ▼ 0.96% WEGE3 45.91 ▲ 4.82% PRIO3 55.96 ▼ 1.37% SUZB3 43.38 ▲ 2.72% RENT3 40.58 ▲ 0.10% AZZA3 16.68 ▲ 0.48% CSAN3 3.46 ▼ 0.29% RAIZ4 0.44 ▲ 4.76% PCAR3 1.80 ▲ 7.14% GMAT3 3.85 ▲ 0.26% PSSA3 52.27 ▲ 1.40% CVCB3 1.31 — 0.00% POSI3 3.79 ▲ 1.61% SLCE3 13.68 ▼ 0.51% NATU3 7.71 ▼ 1.53% BRKM5 7.83 ▼ 6.45% RANI3 7.88 ▲ 0.13% CSNA3 5.41 ▼ 3.91% CMIN3 4.25 ▼ 0.47% USIM5 9.25 ▼ 3.24% GGBR4 22.20 ▼ 2.67% ENEV3 24.42 ▲ 1.41% NEOE3 33.80 — 0.00% CPFE3 43.72 ▲ 0.67% CMIG4 10.73 ▲ 0.85% EQTL3 37.38 ▲ 0.78% LREN3 14.17 ▼ 1.94% VIVT3 33.09 ▲ 0.70% RAIL3 12.42 ▼ 0.24% KLABIN 17.11 ▲ 0.88% RAIA DROGASIL 17.40 ▼ 0.63% RDOR3 33.26 ▲ 0.42% HAPV3 10.77 ▲ 1.80% FLRY3 14.98 ▲ 1.97% SMTO3 14.69 ▼ 5.41% UGPA3 24.73 ▲ 2.23% VBBR3 28.79 ▲ 1.66% BBSE3 39.92 ▲ 1.58% BPAC11 51.35 ▲ 1.91% CURY3 32.98 ▲ 3.45% AERI3 2.28 ▲ 0.44% VIVARA 21.06 ▲ 1.64% COMPASS 25.20 ▲ 0.80% VAMOS 2.72 ▲ 0.37% SANB11 27.25 ▲ 0.63% ASAI3 7.81 ▲ 0.13% SBSP3 27.51 ▲ 0.18% WALMEX 51.73 ▼ 0.12% GMEXICO 214.31 ▼ 0.18% FEMSA 220.87 ▲ 1.21% CEMEX 22.21 ▲ 1.69% GFNORTE 191.63 ▲ 0.27% BIMBO 57.83 ▲ 0.19% TELEVISA 10.44 ▼ 0.67% AMX 23.08 ▲ 0.70% GAP 436.77 ▲ 1.20% ASUR 307.35 ▲ 1.97% OMA 242.18 ▼ 0.06% KOF 189.29 ▲ 1.71% GRUMA 292.33 ▼ 0.06% KIMBER 37.61 ▼ 0.84% SQM-B 72,169 ▼ 2.54% COPEC 6,022 ▲ 0.53% BSANTANDER 73.60 ▲ 1.22% FALABELLA 6,078 ▲ 0.42% ENELAM 77.55 ▲ 0.77% CENCOSUD 2,135 ▲ 1.18% CMPC 1,060 ▼ 0.49% BANCO CHILE 181.09 ▲ 1.17% LATAM AIR 25.11 ▲ 3.42% YPF 76,225 ▼ 0.59% GGAL 8,620 ▲ 3.05% PAMPA 5,200 ▲ 0.87% TXAR 676.00 ▼ 0.44% ALUAR 1,005 ▲ 0.40% TGS 9,475 ▼ 0.79% CEPU 2,372 ▼ 0.04% MIRGOR 16,300 ▼ 3.26% COME 45.43 ▲ 0.91% LOMA NEGRA 3,540 ▼ 0.98% BYMA 314.00 ▲ 0.08% TELECOM ARG 4,185 ▼ 4.34% ECOPETROL 15.97 ▲ 1.91% BANCOLOMBIA 80.38 ▲ 0.54% GRUPO AVAL 5.58 ▼ 0.00% CREDICORP 387.77 ▲ 0.21% SOUTHERN COPPER 190.51 ▼ 0.61% BUENAVENTURA 32.99 ▼ 3.67% MERCADOLIBRE 1,639 ▲ 0.45% NUBANK 13.04 ▲ 1.12% XP 15.45 ▲ 0.19% PAGSEGURO 8.93 ▲ 0.22% STONE 10.82 ▲ 0.46% GLOBANT 31.78 ▼ 8.18% TECNOGLASS 47.01 ▲ 4.17% GAP AIRPORT 251.79 ▲ 1.28% ASUR 307.35 ▲ 1.97% OMA AIRPORT 112.09 ▲ 0.50% AMX ADR 26.57 ▲ 0.45% FEMSA ADR 127.42 ▲ 1.48% CEMEX ADR 12.79 ▲ 1.50% PETROBRAS ADR 16.40 ▼ 2.32% VALE ADR 15.44 ▼ 0.58% ITAU ADR 7.97 — 0.00% SANTANDER BR 5.36 ▼ 0.28% AMBEV ADR 3.14 ▼ 0.13% CSN 1.07 ▼ 4.91% GERDAU 4.32 ▼ 3.79% LATAM ADR 56.27 ▲ 3.16% BTC 63,585 ▼ 1.29% ETH 1,733 ▼ 0.87% SOL 70.64 ▼ 1.79% XRP 1.16 ▼ 2.37% BNB 588.00 ▼ 2.16% ADA 0.16 ▼ 1.62% DOGE 0.08 ▼ 2.76% AVAX 6.55 ▼ 2.98% LINK 7.97 ▼ 1.29% DOT 0.97 ▼ 2.81% LTC 43.85 ▼ 2.25% BCH 203.69 ▼ 4.03% TRX 0.32 ▼ 0.64% XLM 0.25 ▲ 9.02% HBAR 0.08 ▼ 1.15% NEAR 2.26 ▲ 3.91% ATOM 1.83 ▼ 3.70% AAVE 73.52 ▼ 0.31% SELIC 14.25% EMBRAER 80.10 ▲ 1.73% EMBRAER ADR 62.12 ▲ 1.31% JBS 12.21 ▼ 0.12% JBS BDR 62.95 ▲ 0.99% MBRF3 15.59 ▲ 0.58% MBRFY 2.97 ▲ 1.37% INTER 5.59 ▲ 0.45%
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Thursday, June 18, 2026

Nigeria Joins BRICS as Partner Country, Expanding Global South Influence

By · January 18, 2025 · 2 min read

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Brazil’s government announced Nigeria’s acceptance as a BRICS partner country on January 17, 2025. The move adds Africa’s largest economy to the growing alliance of emerging markets. Nigeria becomes the ninth BRICS partner, joining Belarus, Bolivia, Cuba, Kazakhstan, Malaysia, Thailand, Uganda, and Uzbekistan.

BRICS aims to boost cooperation among developing nations and reform global governance structures. The group now represents over half the world’s population and more than 45% of global GDP. This expansion signals BRICS’ rising clout on the international stage.

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Nigeria brings significant economic weight to BRICS as one of Africa’s top oil producers. The country boasts a population of over 200 million, the largest on the continent. Its inclusion strengthens BRICS’ foothold in Africa alongside existing members South Africa and Egypt.

(Video Lagos, Nigeria’s capital)

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The partnership status allows Nigeria to participate in BRICS meetings and events. However, it does not grant full membership privileges like voting rights. Brazil, which holds the 2025 BRICS presidency, pushed for Nigeria’s inclusion to diversify the bloc.

BRICS has steadily expanded its roster in recent years. The group added five new full members in 2024 and 2025: Iran, the UAE, Egypt, Ethiopia, and Indonesia. Indonesia’s entry on January 7, 2025, marked the first Southeast Asian nation to join BRICS.

This growth reflects BRICS’ ambition to reshape the global economic order. The bloc seeks to reduce reliance on Western-dominated institutions like the IMF and World Bank. It has discussed creating its own reserve currency to challenge dollar hegemony.

Nigeria Joins BRICS as Partner Country, Expanding Global South Influence

Critics argue BRICS remains a loose alliance with diverging interests among members. Supporters claim it offers an alternative pole in an increasingly multipolar world. Nigeria’s entry bolsters BRICS’ credentials as a voice for the Global South.

The move comes as Nigeria grapples with economic challenges at home. Inflation and unemployment remain high despite the country’s vast oil wealth. Some hope BRICS ties will boost trade and investment to drive growth.

Others worry closer alignment with China and Russia could strain Nigeria’s Western relationships. The government insists it can balance ties with all major powers. Nigeria’s BRICS role will likely evolve as the partnership develops in coming years.

Nigeria Joins BRICS as Partner Country, Expanding Global South Influence

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