International records / OpenAlex research

External Debt and Economic Growth in Nigeria (1990–2023)

This study examines the impact of external debt on economic growth in Nigeria over the period 1990–2023. Specifically, the study investigates how external debt, debt servicing, exchange rate, and money supply influence Real Gross Domestic Product (RGDP), which serves as a proxy for economic growth. The study adopts an ex-post facto research design and utilizes annual time-series data obtained from the Central Bank of Nigeria (CBN) and the Debt Management Office (DMO). The Autoregressive Distributed Lag (ARDL) modelling approach was employed to estimate both the short-run and long-run relations…