A SECTORAL ANALYSIS OF CRUDE OIL PRICE, EXCHANGE RATE AND STOCK PRICES IN NIGERIA, (2009-2016)
ABSTRACT The study investigated the relationship between crude oil price, exchange rate and sectoral stock prices in Nigeria from 2009 to 2016, using quarterly data collected from the Central Bank of Nigeria (CBN) and Nigeria Stock Exchange. Indices of the Nigeria stock exchange for three sectors (NSE Banking Sector, NSE Consumer goods and NSE Oil & Gas) were considered as dependent variables, which led to the specification of three models ...
Read more