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Abstract


  This study examines the impact of oil price changes on the economics growth of Nigeria; this explains that the changes have a negative impact on the GDP (Gross Domestic Product). This change is also known as price volatility. An economic analysis was employed using the method of ordinary least square and from the result of the analysis, it was clear that oil price change has effect/impact on the Gross Domestic Product where some of the variables has negative and others positive. The Exchange rate has a positive significance on the Gross Domestic Product at the rate of 83%, interest rate and oil export increase leads to a decrease in the Gross Domestic Product (GDP) hence it has a negative impact on the economics growth in Nigeria.

Bank: GTBank
Account Name: Prince Orafu
Account Number: 0109980866


Bank: Diamond Bank
Account Name: Prince Orafu
Account Number: 0065070861

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