Even if the BRICS cannot offer an alternative global reserve currency to the dollar, the group is still making major inroads ...

With Iran, Saudi Arabia and UAE as members, Brics countries produce about 44% of the world's crude oil. However, the group ...

The group’s plans to challenge the supremacy of the US dollar did not get far at its recent summit in Russia, even if polite ...

From a five-member group to a big Global South family, BRICS now stands as a towering pillar, welcoming more countries, brainstorming development cooperation, and building consensus for the common ...

Vice President Kashim Shettima has disclosed that Nigeria attracted $1.27bn in foreign capital from BRICS countries by June ...

Trade blocs, new technologies may spur countries to develop a parallel global payment system alongside the dollar-based one ...

China’s changing priorities towards funding African development through smaller projects show a possible willingness to adapt ...

Many South American countries see BRICS as a way to strengthen their economies, deepen international cooperation, and pursue ...

First Bank, the premier West African financial institution and financial inclusion service provider, has expressed full ...

The China Development Bank has extended a loan of 5 billion yuan (approximately $690 million) to Brazil's National Bank for ...

Prabowo wants to deliver his long-time campaign promise of joining BRICS, an alliance that encompasses Russia and China, ...