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Nigeria features in new brics prototype currency

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Brics Currency

Nigeria is indeed featured on the new BRICS currency, with its flag appearing on the mock-up design unveiled at the Kazan Summit in Russia.

Ekwutosblog gathered that this move has sparked interesting debates among Nigerians, especially considering the absence of President Bola Ahmed Tinubu and Vice President Kashim Shettima at the summit

The proposed BRICS currency aims to challenge the dominance of the US dollar in global finance, and Nigeria’s inclusion is seen as significant.

However, some critics have raised concerns about the representation of Nigeria’s official language on the currency, with the word “Nigeria” written in Hausa.

Key Implications of Nigeria’s Inclusion:

Increased Global Influence: Nigeria’s presence on the BRICS currency could enhance its global economic influence and reputation.

Economic Benefits: A BRICS currency could facilitate more efficient cross-border transactions and increased financial inclusion for Nigeria.

Diversification: Nigeria’s involvement in BRICS could reduce its dependence on the US dollar and promote economic diversification.

It’s essential to note that the development of the BRICS currency is still in its early stages, and many details are yet to be finalized ². Nonetheless, Nigeria’s feature on the currency mock-up design marks a significant step towards a potentially new global reserve currency.

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Politics

David Mark Holds Secret Meeting With PRP Leaders as ADC Crisis Deepens

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The embattled National Chairman of the African Democratic Congress, David Mark, on Friday held a closed-door meeting with leaders of the Peoples Redemption Party in Abuja. The private consultation is seen as a fresh round of political moves as the ADC continues to battle a lingering leadership crisis and growing internal divisions.

Top figures from both parties were said to be present at the meeting, including PRP National Chairman Hakeem Baba-Ahmed and senior ADC officials. The development is already drawing attention as opposition parties continue realignments ahead of the 2027 political season, with many watching closely for possible alliances and next steps in the party crisis.

 

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Politics

“ADC is a Holy Party, Cannot be used to Scam Nigerians Again” – Hon Success Opara tells David Mark

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ADC Party in Turmoil: Hon Success Opara Slams Leadership, Warns Against Scamming Nigerians

Abuja, Nigeria – The African Democratic Congress (ADC) is facing internal strife as Hon Success Opara, a prominent party official, has warned against attempts to use the party to deceive Nigerians. Opara specifically criticized the leadership of David Mark, stating that the party cannot be used to scam citizens again.

“ADC holy Party cannot be used to scam Nigerians again,” Opara said, emphasizing that those forming coalitions are hindering the party’s growth and denying youths opportunities to thrive.

“Those who are forming coalition don’t want to give the youths the chance to strive in the party,” she added.

Opara’s statement highlights the deepening divisions within the ADC, with concerns over leadership and the party’s direction.

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2027: Bala declares aspirants over 55 years disqualified in ADC

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The factional National Chairman of the African Democratic Congress (ADC), Nafiu Bala Gombe, has announced that the party under his leadership will bar individuals above the age of 55 from contesting for political positions.

Gombe made the disclosure during an interview with BBC Hausa, where he outlined a vision centred on generational change and greater youth participation in politics.

“The African Democratic Congress (ADC) is a party that belongs to all Nigerians. What we are doing now is to ensure the party moves forward properly.

“We have decided that we will give the youths a real chance. The time has come for young people to take the lead in politics.

“If you are over 55 years old, you are not going to contest for positions in the ADC under our leadership.

“We want to bring in fresh blood, new ideas, and energy from the youth. Nigeria’s future depends on the young generation.

“The old ways have not worked well for the country. We need to open the door wide for youths to participate fully as candidates, leaders, and decision-makers,” he said.

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