(Credit: IMF Photo/Tuane Fernandes) April 23, 2025/IMFBlog By Era Dabla-Norris, Vitor Gaspar, Marcos Poplawski-Ribeiro Major policy shifts underway have heightened global uncertainty. The series of recent tariff announcements by the United States, and countermeasures by other countries have increased financial market volatility, weakened growth prospects, and increased risks. They come in the […]

April 22, 2025/CSL Research According to data from the Nigeria Inter-Bank Settlement System (NIBSS), electronic payment transactions in Nigeria reached a historic high of N1.07 quadrillion in 2024 — the first time the country has hit the quadrillion mark. In dollar terms, this amounts to approximately US$702.6 billion, based on […]

IMF Photo/Paige Taylor White) By Pierre-Olivier Gourinchas The global economic system under which most countries have operated for the last 80 years is being reset, ushering the world into a new era. Existing rules are challenged while new ones are yet to emerge. Since late January, a flurry of tariff […]