Download Tag: CRUDE OIL PRICE

TABLE OF CONTENTS Title Page……………………………………………………………………………i Certification…………………………………………………………………………ii Dedication …………………………………………………………………………..iii Acknowledgement……………………………………………………………………iv Table of Contents…………………………………………………………………….vi Abstract………………………………………………………………………………viii CHAPTER ONE: INTRODUCTION 1.1 Background to the Study…………………………………………………………….1 1.2 Statement of the Problem……………………………………………………………3 1.3 Research Questions………………………………………………………………….4 1.4 Objective of the Study……………………………………………………………….4 1.5 Research Hypothesis…………………………………………………………………4 1.6 Significance of the Study…………………………………………………………….5 1.7 Scope of the Study……………………………………………………………………5 1.8 Organization of the Study…………………………………………………………….5 CHAPTER TWO: LITERATURE REVIEW 2.1 Conceptual Review……………………………………………………………………6 2.1.1 Oil Price Shocks…………………………………………………………………….6 2.2 Oil Price Shocks and Economic Activity……………………………………………...8 ...

ABSTRACT Nigeria is a mono-product economy in term of  generating revenue from Crude oil price, which constituted its major export commodity, changes in oil prices have continued to have  implications for the Nigerian economy and, in particular on the exchange rate movements. This study examined the effects of crude oil price and exchange rate on the Nigeria economy using quarterly data from the year 1985 to 2015. Relevant descriptive and ...