OVERVIEW OF THE EFFECT OF OIL PRICE VOLATILITY ON ECONOMY GROWTH IN NIGERIA USING PER CAPITAL INCOME AS DECIDING FACTOR

CHAPTER ONE                                      INTRODUCTION 1.1      Background to the Study Economic growth plays a key role in industrial innovation (Malatyali, 2016). The first fluctuations in crude oil prices that occurred in 1973s have made economists to view sudden movements in the oil price as a... Continue Reading

ABSTRACT Oil as natural resource is an important commodity that has been recognized all over the world due to its impact in the industrial and commercial sectors of the world’s economy. Nigeria is highly recognized as an oil exporting and importing country. This study examines the... Continue Reading

ABSTRACT This research work was conducted to ascertain the effect of share price volatility on the economic growth of Nigeria. The research used series of test such as the unit root test that was used to test for stationarity, the co-integration test  was used to check for the long run and short run relationship between the variables, and the... Continue Reading

Abstract Nigeria is a mono-product economy, where the main export commodity is crude oil, changes in crude oil prices has effects for the Nigerian economy and, in particular, inclusive growth proxied by per capita GDP. The latter is mostly important due to the double dilemma of being an oil exporting and oil-importing country, a situation that... Continue Reading

Abstract Nigeria is a mono-product economy, where the main export commodity is crude oil, changes in crude oil prices has effects for the Nigerian economy and, in particular, inclusive growth proxied by per capita GDP. The latter is mostly important due to the double dilemma of being an oil exporting and oil-importing country, a situation that... Continue Reading

ABSTRACT This study is motivated by a desire to examine oil price volatility and Nigerian economic growth. In light of the empirical review and other discussions, a number of questions arose as to whether there is significant relationship between oil price volatility and economic growth. Using the... Continue Reading

ABSTRACT Nigeria is a mono-product economy, where the main export commodity is crude oil, changes in oil prices has implications for the Nigerian economy and, in particular, exchange rate movements. The latter is mostly important due to the double dilemma of being an oil exporting and oil-importing country, a situation that emerged in the last... Continue Reading

INTRODUCTION Stock market reacts in response of various factors ranging from macro economic, political and socio-cultural behavior of any country. Like any other stock market the Nigerian Stock exchange also reacts either positively or negatively by a number of factors occurring... Continue Reading

ABSTRACT The study evaluated the effects of oil price fluctuations on economic growth in Nigeria. The industrial production index was used as a proxy for gross domestic product that served as a function of oil price, exchange rate and interest rate that are the explanatory variable. The research made used of secondary time series data, The data on... Continue Reading

ABSTRACT The study evaluated the effects of oil price fluctuations on economic growth in Nigeria. The industrial production index was used as a proxy for gross domestic product that served as a function of oil price, exchange rate and interest rate that are the explanatory variable. The research made used of secondary time series data, The data on... Continue Reading