The role of exchange rate movements in determining the trading position of a country and the ultimate welfare of its people vis-à-vis its trading partners is enormous. Consequently, this study is conducted to examine the nature of the trading relationship between Nigeria and its trading...

The study examines the impact of central bank communication on monetary policy in Nigeria by applying the standard deviation measure of volatility and the vector autoregressive approach. The findings show that inflation and markets volatilities reduced during the period of improved central bank...

The study broadly focused on examining the trade and investment relationship between South Africa and the BRIC, using both descriptive and vector autoregressive estimation approaches. Specifically, the key objective is to investigate the impact of trade shocks between South Africa and the...

Large external debt stock has been identified as one of the most important factors which have restricted the development of many poor countries. The consensus in the literature remains that external debt promotes growth to the extent that a country does not exceed its debt carrying capacity....

Ethiopia is the 83rd largest economy in the globe according to the World Bank figures for 2013. The country is considered to have huge but untapped potentials in the sub-Saharan Africa region as well as one of the attractive investments destinations on the continent. This study therefore...

This study examined the influence of financial deepening on manufacturing output in Nigeria. Using the Vector Autoregression (VAR) based Johansen cointegration technique and an Ordinary Least Square (OLS) estimator on annual data spanning 1970 to 2010, we found insignificant coefficients for...

Given the continued debate surrounding the effectiveness and efficiency of government spending in Nigeria, this study adopts a modified Autoregressive Distributed Lag Model in order to investigate the impact of federal government spending on economic growth between 1961 and 2010. The main...

The study examined Nigeria’s trading relationship with the individual BRICS (Brazil, Russia, India, China and South Africa) by applying a combination of descriptive and econometric techniques. The findings show that Nigeria’s trade intensity is highest with Brazil followed by trade with...

The study provides an incisive but preliminary investigation into the activities of the monetary policy committee of the central bank of Nigeria and the implications for monetary policy, using the standard deviation measure of volatility and the ordinary least square method. The findings show...