International records / OpenAlex research

Exchange Rate and Non-Oil Exports in Nigeria (1986-2021)

This study ascertained the effect of exchange rate on non-oil exports in Nigeria covering the period 1986-2021. Data for the study were extracted from the Central Bank of Nigeria (CBN) statistical bulletin. The method of data analysis used is the linear regression method with the application of the Error Correction Model (ECM). The major findings of the study reveal that there exists a negative relationship between exchange rate volatility and non-oil exports in Nigeria, there exists a negative relationship between exchange rate and non-oil exports in Nigeria and there is a unidirectional caus…