May 31, 2023/Coronation Research President Bola Ahmed Tinubu’s inaugural address was given yesterday, and it sparked the equity market’s imagination, with a rally of 5.23% today. The announcement of key market reforms, including phasing out fuel subsidies and unifying foreign exchange rates, shows that pro-market policies were not just items […]
OPINION/EDITORIAL
How Falling Home Prices Could Strain Financial Markets as Interest Rates Rise
(Credit: travellaggio/iStock by Getty Images) May 31, 2023/IMFBlog By Nina Biljanovska The pandemic propelled housing prices to record levels in many countries, especially advanced economies, amid low interest rates and tight property supplies. Then prices started falling late last year in many countries, while others saw the pace of gains […]
Nigeria: A Look at the Inaugural Speech
May 31, 2023/Cordros Report On 29 May, President Bola Ahmed Tinubu was inaugurated as the 16th President of Nigeria. As with the usual practice, President Tinubu addressed the nation, highlighting some of the policy actions Nigerians should expect from his administration. We highlight several talking points, including (1) PMS subsidy […]

