International records / OpenAlex research
Impact of Monetary Growth and Exchange Rate Fluctuation on Inflation in Nigeria: 1986-2022
The relationship between, monetary growth, exchanger rate fluctuation and inflation in Nigeria is an important one for policy makers. The objective of the paper was to examined the relationship between monetary growth, exchange rate fluctuations and inflation in Nigeria from 1986 to 2022. The research employed the techniques of Dynamic OLS, ARCH and GARCH models to estimate the variables of interest. Based on the empirical findings. It is established that inflation in Nigeria is significantly influenced by such dynamic variables as money supply growth rate, exchange rate and government expendi…
