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MA 35 Causal Effect of Trade Openness on Multinational Corporations in Oil and Gas Investment in Nigeria. Journal of Business and Economic Management

Causal Effect of Trade Openness on Multinational Corporations in Oil and Gas Investment in Nigeria Akyuz, Murat,  Opusunju, Michael. I., Aruwa, Suleiman. A. ABSTRACT The study examined the causal effect of trade openness on multinational corporations in oil and gas investment in Nigeria. As a result, ex-post facto research design and the population of 5 oil and gas multinational corporations in Nigeria were used. The sample size was the 5 oil and gas multinational corporations. The study relied on reports from Central Bank of Nigeria for secondary data. It was employed various procedures in analysing data such as descriptive statistics correlation matrix, unit root test, co-integration and Vector Error Correction Model. The study showed that a long run relationship exist between multinational corporations in Oil and Gas (FDI) and trade openness in Nigeria. The study also found that causality runs from trade openness (TO) to FDIOG which implies that trade openness cause...

MA 34 CHINA-NIGERIA TRADE RELATIONS AND ITS EFFECT ON THE ECONOMIC GROWTH OF NIGERIA

CHINA-NIGERIA TRADE RELATIONS AND ITS EFFECT ON THE ECONOMIC GROWTH OF NIGERIA Opusunju, Michael Isaac, Ph.D. Akyuz, Murat, Ph.D. Inim, E. Victor, Ph.D. Abstract Trade relations have become an important for economic growth, yet, it is uncertain whether Nigeria import of Chinese goods influenced economic growth or China export of Nigeria product influence economic growth in Nigeria. The study used ex-post facto research design and the data collected from Central Bank of Nigeria. The study employed various procedures in analysing the data such as measurement of variables, descriptive statistics, correlation matrix, unit root test, co-integration and Vector Error Correction Model. The study revealed that here is a long-run relationship between real gross domestic product and export from Nigeria to China in Nigeria and also there is a long-run relationship between real gross domestic product and import from China to Nigeria in Nigeria. The study found that that causal...

MA 33 Assessment of India –Nigeria Trade Relations (1999-2018)

Assessment of India –Nigeria Trade Relations (1999-2018) OPUSUNJU, Michael Isaac, Ph.D.  AKYUZ, Murat, Ph.D.  INIM, E. Victor, Ph.D. ABSTRACT: The study assessed India- Nigeria trade relations for a period of 20 years from 1999 to 2018 using ex-post facto research design. Data were obtained from the National Bureau of Statistics. The export of goods from Nigeria to India and the import of goods from India to Nigeria were used to measured trade relations. The study used t-test, charts, and tables to address the variables. Microsoft Excel software package and statistical package for social sciences (SPSS) version 20 were used to analysed the data. The finding revealed that the Nigerian government benefited from engaging in trade relations with the Indian government more. Also, for the past 20 years, it is only Nigeria that benefited from trade relations with India. The study found that Nigerian government engagement in trade relations to the Indian government is not ...

MA 32 Assessment Of China - Nigeria Trade Relations (1990-2018)

Assessment Of China - Nigeria Trade Relations (1990-2018) OPUSUNJU, Michael Isaac AKYUZ, Murat  INIM, E. Victor ABSTRACT The study assessed China- Nigeria trade relations covering a period of 29 years from 1990 to 2018. The study adopted the ex-post facto research design and obtained data for export and import transactions from the Central Bank of Nigeria statistical bulletin. The study used T-test, charts, and tables to address the engagement of China-Nigeria trade relations. The study used Microsoft excel software package and statistical package for social sciences (SPSS) version 20 to analysis the data. The study found that Nigeria has not gained from trade relations with China from 1990 to 2018 and it is only China that benefited from trade relations with Nigeria from 1990 to 2018. The study recommended that the Nigerian Government should re-strategise its industrial sector to enable the country to manufacture industrial goods and manufactured consumable goods as ...