United Nations children's agency, UNICEF, plans to commit $270 million to Nigeria's humanitarian and poverty alleviation efforts and pledged to help set up an emergency operation centre, its executives said on Tuesday. The government of President Bola Tinubu wants to lift 133 million citizens out of poverty, Minister of Humanitarian Affairs and Poverty Alleviation Betta Edu told UNICEF executives Christian Munduate and Eduardo Celades at a meeting in Abuja. Edu did not provide a timeline for achieving the target. UNICEF said the agency will support the establishment of a humanitarian emergency operation centre that will help monitor, mitigate and prevent…

Member states of the BRICS, the emerging market group of Brazil, Russia, India, China and South Africa, are widely anticipated to deepen financial cooperation in an upcoming gathering, in particular in the payment and currency sectors to counterbalance the hegemony of the US dollar, which has left emerging economies and developing countries struggling financially. Based on the trade scale of the BRICS members and the increasing willingness of more countries to join the bloc, the process of de-dollarization, which has become an irreversible trend, will be accelerated, experts told the Global Times. Data from China's General Administration of Customs showed…