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Effect of Maritime Trade on Inflation Rate in Nigeria (1990-2023)

This study investigated the effect of maritime trade on inflation rate in Nigeria. The data used for the study were time series data sourced from the National Bureau of Statistics (NBS) annual abstract and Central Bank of Nigeria (CBN) statistical Bulletin, World Development Indicator (WDI), Nigerian Ports Authority (NPA) and Nigerian Shippers Council (NSC) which spanned between the period 1990 to 2023. For the dependent variables, the study utilized inflation rate and the components of maritime trade (oil trade, non-oil trade and containerized trade) served as the independent variables The an…

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