COCOA EXPORT AND ECONOMIC GROWTH OF NIGERIA (1981-2014)

ABSTRACT This paper investigates if there is a significant long – run relationship between cocoa exports and economic growth in Nigeria. The study covers the periods between 1981 to 2014. The underlying models are the export led growth, hypothesis, neo… Read More

EFFECT OF CAPITAL MARKET ON INVESTMENT IN NIGERIA

ABSTRACT This study has attempted to investigate the effect of capital market on investment in Nigeria using the OLS technique to estimate this relationship covering a period of 34 years (1981-2014). It was discovered that for the period under study… Read More

EFFECTS OF OIL PRICE SHOCKS AND DEREGULATION OF DOWNSTREAM OIL SECTOR ON THE NIGERIAN ECONOMY

ABSTRACT This research work attempted to evaluate the economic logic behind Nigeria’s government policy of deregulation of the oil downstream sector. Thus, this work assessed the effect of deregulation of downstream oil sector on the economic performance of Nigeria using… Read More

ENERGY CONSUMPTION AND CLIMATE VARIABILITY IN NIGERIA: IMPLICATIONS FROM ECONOMIC ACTIVITIES IN NIGERIA

INTRODUCTION Nigeria’s persistent energy crisis has weaken the industrialization process and significantly undermined the efforts to achieve sustained economic growth, increased competitiveness of domestic industries in domestic, regional and global market and employment generation. According to statistical review of world… Read More

HUMAN CAPITAL DEVELOPMENT AS A CATALYST FOR ECONOMIC GROWTH AND DEVELOPMENT IN NIGERIA (1986 – 2016)

ABSTRACT The study examines Human capital development and economic growth in Nigeria. A model was specified and data were collected from the period of 1986-2016. The method used in this research work is the error correction model (ECM) and variables… Read More

IMPACT OF EXCHANGE RATE CHANGES ON NON-OIL EXPORTS IN NIGERIA

ABSTRACT The study investigates the impact of exchange rate changes on non-oil export in Nigeria between 1970 and 2014, using Nigeria time series data; The study examines the significant role of exchange rate and inflation on non-oil export of the… Read More

IMPACT OF INSURANCE MARKET IN FINANCIAL SECTOR DEVELOPMENT IN NIGERIA

ABSTRACT Insurance is one of the cornerstones of modern day financial services sector. In addition to its traditional role of managing risk, insurance market activity, both as intermediary and as provider of risk transfer and indemnification, may promote growth by… Read More

IMPACT OF MONETARY POLICY ON ECONOMIC GROWTH IN NIGERIA

ABSTRACT This study has attempted to investigate the impact of monetary policy on nominal economic growth in Nigeria using the dummy variable technique to enquire if there is any difference between the conduct of monetary policy during military and civilian… Read More

IMPACT OF TRADE OPENNESS ON THE ECONOMIC GROWTH OF NIGERIA

ABSTRACT The research evaluated the impact of trade openness on the economic growth of Nigeria 1988-2014. The study employed secondary time series data, sourced from Central Bank of Nigeria Statistical Bulletin 2014. A four variable model was developed comprising GDP… Read More

INDUSTRIAL DEVELOPMENT IN NIGERIA

 ABSTRACT Industrial Development has been a major cornerstone of economic development of any nation. The success of such a programme can be attributed to the methods and modes of financing the policy. The study is therefore focused on industrial Development… Read More