IIARD International Institute of Academic Research and Development

IIARD INTERNATIONAL JOURNAL OF BANKING AND FINANCE RESEARCH (IJBFR )

E-ISSN 2695-1886
P-ISSN 2672-4979
VOL. 9 NO. 4 2023
DOI: https://doi.org/10.56201/ijbfr.v9.no4.2023.pg159.184

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Crude Oil Price Fluctuations and Sectorial Returns in Nigeria

Obi, C.P, Nwansi, G.U and Osuala, A.E

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Abstract

The study investigated the impact of crude oil price fluctuations on selected economic sectors in Nigeria from 1986 to 2021. The data for the study, sourced from the Central Bank of Nigeria statistical Bulletin of various volumes, was analysed using Autoregressive Distributed Lag

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References:

Adedipe, B. (2004). The impact of oil on Nigeria’s economic policy formulation. [Online].
Available from: http://www.odi.org.uk/events/2004/06/16/32-background-paper-
sunday-abiodun-adedipe-impact-oilnigerias-economic-policy-formulation.pdf
Agbede, M. O. (2013). The growth implications of oil price shocks in Nigeria. Journal of
emerging trends economic management science. Vol. 4(3): 343-349.

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