Babcock University Research Portal

Nexus between Foreign Direct Investment and Oil Export in Nigeria: An Empirical Perspective

Authors: EBERE Chidinma

Publication Type: Journal article

Journal: International Journal Of Business And Administration Studies

ISSN Number:

Downloads

Views

Abstract

This study examined the nexus between the inflows of FDI and exports of crude oil in Nigeria. Data were collected over the period of 1990 to 2018 from the UNCTAD Investment Reports and the Central Bank of Nigeria respectively. Dynamic Ordinary Least Square (DOLS) and Granger causality were consequently adopted in estimating the objective of this study. It is imperative to summarize the major findings in this study as follows; FDI inflows had a significant positive impact on oil exports in Nigeria. The relationship between FDI inflows and exchange rate was positive but insignificant. Meanwhile, FDI inflows and inflation rate have insignificant negative relationship. In addition, these findings in this study motivated the following recommendation in Nigeria, that policy measures that would stabilize oil exports, exchange rate and inflation rate should be embarked upon by the policy makers in Nigeria in order to induce the inflows of FDI accordingly in the long run.

Access to Documents

External Link
Download
Digital Object Identifier

Keywords

EBERE,C. . (2020). Nexus between Foreign Direct Investment and Oil Export in Nigeria: An Empirical Perspective, 6 (), 150-150.

EBERE,C. . "Nexus between Foreign Direct Investment and Oil Export in Nigeria: An Empirical Perspective" 6, no (), (2020): 150-150.

EBERE,C. and . (2020). Nexus between Foreign Direct Investment and Oil Export in Nigeria: An Empirical Perspective, 6 (), pp150-150.

EBEREC, . Nexus between Foreign Direct Investment and Oil Export in Nigeria: An Empirical Perspective. 2020, 6 ():150-150.

EBERE,Chidinma , . "Nexus between Foreign Direct Investment and Oil Export in Nigeria: An Empirical Perspective", 6 . (2020) : 150-150.

E.Chidinma , "Nexus between Foreign Direct Investment and Oil Export in Nigeria: An Empirical Perspective" vol.6, no., pp. 150-150, 2020.

Access to Documents

Keywords

About Us

Admissions

Contact Us

Policies

ALUMNI

STUDENT POPULATION