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Economic Impact of COVID-19 On Price and Employment: A Regression Analysis of Nigeria's Experience (2020-2024)

This study investigates the economic impact of the COVID-19 pandemic on price stability and employment dynamics in Nigeria from 2020 to 2024 using quantitative econometric techniques. Adopting an ex-post facto research design, the study employs secondary data from the National Bureau of Statistics (NBS), Central Bank of Nigeria (CBN), World Bank, and International Labour Organization (ILO). Time-series regression models, including the Ordinary Least Squares (OLS), Autoregressive Distributed Lag (ARDL), and Vector Error Correction Model (VECM), were applied to evaluate both short- and long-run …

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