International records / OpenAlex research
The Dynamic Interactions Between Crude Oil Price, Exchange Rate and Inflation: Evidence from the Nigerian Economy
This research is conducted to investigate the dynamic relationship between crude oil price, exchange rate, and inflation in Nigeria: Evidence from Nigerian Economy, using annual data from 1980 to 2024 by applying Regressive model. The findings revealed that there is a positive relationship between crude oil price and exchange rate, but inflation is negatively related to exchange rate and crude oil price. It shows no long-run relationship between the variables. This implies that in the long run the variables do not affect each other in the Nigeria economy. Based on this, the paper concludes tha…
