M. A. Ayilara

The Impact of Monetary Policy on Foreign Direct Investment in Nigeria: An Empirical Analysis (1990–2023)

This study examines the relationship between monetary policy variables and Foreign Direct Investment (FDI) inflows in Nigeria over 1990–2023 (34 annual observations). Unit-root tests (including the Zivot-Andrews test, which allows for an unknown structural break) confirm that FDI, the exchange rate, money supply, and G...