This paper investigates the extent to which stocks of Airlines/Automobile/Road transport/Maritime firms listed in Nigerian Stock Exchange (NSE) are a hedge against the actual inflation in Nigeria over the period 2000?2011. Actual inflation was computed using the estimates of the consumer price...

This paper investigates the extent to which stocks of Building materials firms listed in Nigerian Stock Exchange (NSE) are a hedge against the expected and unexpected inflation in Nigeria over the period 2000?2011. Unexpected inflation is computed as the difference between the actual inflation...