MA 56 Causal Effect Between Balance of Payment and Foreign Direct Investment in Oil and Gas Sector in Nigeria
Causal Effect Between Balance of Payment and Foreign Direct Investment in Oil a nd Gas Sector i n Nigeria Michael Isaac Opusunju Nile University of Nigeria, Department of Business Administration Murat Akyuz Nile University of Nigeria, Department of Business Administration Abstract The study examined the effect of balance of payment on foreign direct investment on the oil and gas sector in Nigeria. The study used ex-post facto research design and the population is made up of 5 oil and gas foreign investors in Nigeria. The sample size is the 5 oil and gas foreign investors. The study relied on reports from Central Bank of Nigeria for secondary data. The study employed various procedures in analysing the data such as correlation ma...