Nigeria is the most populous country in Africa, making the West African state a prime candidate for Brics membership. The nation has plenty of economic potential with huge oil reserves and strong demographics, and its inclusion in Brics could see the bloc grow to represent more than half the world’s population and oil output.

Combined with recent structural reforms and critical infrastructure projects, this could help Nigeria overcome a challenging economic environment characterised by a shortage of foreign currency, declining investment and high levels of inflation...

This article is free to read if you sign up or sign in.

If you have already registered or subscribed, please sign in to continue.

Questions or problems? Email or call 0860 52 52 00.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.