- The Complete Research Material is averagely 201 pages long and it is in Ms Word Format, it has 1-5 Chapters.
- Major Attributes are Abstract, All Chapters, Figures, Appendix, References.
- Study Level: MTech, MSc or PhD.
- Full Access Fee: ₦10,000
Get the complete project »

ABSTRACT
The study investigated the relationship between crude oil price, exchange rate and sectoral stock prices in Nigeria from 2009 to 2016, using quarterly data collected from the Central Bank of Nigeria (CBN) and Nigeria Stock Exchange. Indices of the Nigeria stock exchange for three sectors (NSE Banking Sector, NSE Consumer goods and NSE Oil & Gas) were considered as dependent variables, which led to the specification of three models for the study.
The study implemented unit root with and without structural breaks to determine the order of integration and further applied a nonlinear ARDL (NARDL) which is an asymmetric extension of the standard co-integration test and the standard ARDL. The NARDL was applied to determine asymmetric effect of crude oil price shocks on stock prices.
Findings from the analysis indicated the presence of long-run co-integration in most cases and that positive and negative oil price shocks have differential effects on stock prices across sectors. Further, positive oil price shocks have greater impact on share prices in the banking and oil & gas sectors than negative oil price shocks of the same magnitude. Oil price shocks completely transmitted to the sectors, except consumer goods sector.
The study concluded that there should be close monitoring of the banking and oil & gas sectors as well as appropriate policy actions to curtail systematic risk in the banking industry.
Keywords: Asymmetry, Nonlinear ARDL, Crude oil price shocks, exchange rate
Sectoral
You either get what you want or your money back. T&C Apply

You can find more project topics easily, just search
-
SIMILAR ECONOMICS FINAL YEAR PROJECT RESEARCH TOPICS
-
1. THE IMPACT OF PRIVATIZATION AND COMMERCIALIZATION ON THE NIGERIAN ECONOMY
» CHAPTER ONE 1.1 BACKGROUND OF THE STUDY To be able to transform into an industrialized economy an underdeveloped economy has to privately and commerci...Continue Reading »Item Type & Format: Project Material - Ms Word | 66 pages |
Instant Download | Chapter 1-5 | ECONOMICS DEPARTMENT
-
2. AN ECONOMIC ANALYSIS OFREVENUE AND EXPENDITURE IN NIGERIA, 1970-1998
» ABSTRACT vii Nigeria's fiscal operations since early 1980's have resulted into persistent and huge fiscal deficit. This is attributed to revenue short...Continue Reading »Item Type & Format: Project Material - Ms Word | 100 pages |
Instant Download | Chapter 1-5 | ECONOMICS DEPARTMENT
-
3. THE EFFECTS OF PENSIONS CONTRIBUTIONS ON NATIONAL INCOME AND SAVINGS IN NIGERIA
» ABSTRACT This study x rayed the effects of pension contributions on national income and savings in Nigeria. This research work, with two objectives, t...Continue Reading »Item Type & Format: Project Material - Ms Word | 86 pages |
Instant Download | Chapter 1-5 | ECONOMICS DEPARTMENT
-
4. THE EFFECT OF SLUM ON RENTAL PROPERTY VALUES
» CHAPTER ONE 1.0 INTRODUCTION 1.1 BACKGROUND OF THE STUDY According to historical accounts (Leadership Newspaper), Asata, Coal camp, New market, Ogui u...Continue Reading »Item Type & Format: Project Material - Ms Word | 63 pages |
Instant Download | Chapter 1-5 | ECONOMICS DEPARTMENT
-
5. THE IMPACT OF FINANCIAL SECTOR DEVELOPMENT ON ECONOMIC GROWTH OF NIGERIA FROM 1980-2013.
» CHAPTER ONE INTRODUCTION Background to the Study The theoretical argument that supports the link between financial development and growth is that a we...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages |
Instant Download | Chapter 1-5 | ECONOMICS DEPARTMENT
-
6. MOTIVATIONAL VARIABLES AND ACADEMIC PERFORMANCE IN ECONOMICS AMONG SECONDARY SCHOOLS STUDENTS
» Abstract This study was designed to examine the influence of motivational variables and academic performance in Economic among Secondary School Studen...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages |
Instant Download | Chapter 1-5 | ECONOMICS DEPARTMENT
-
7. IMPACT OF TAX EVASION AND AVOIDANCE IN NIGERIA ECONOMY
» Abstract The case of tax evasion and tax avoidance has predicated the tax system for decades. Individuals and corporate entities have been found wanti...Continue Reading »Item Type & Format: Project Material - Ms Word | 68 pages |
Instant Download | Chapter 1-5 | ECONOMICS DEPARTMENT
-
8. THE IMPACT OF AGRICULTURAL DEVELOPMENT ON NIGERIA ECONOMIC GROWTH (1990-2015)
» CHAPTER ONE 1.1 Introduction Nigeria is generously endowed with abundant natural resources including biological and non biological resources. The reso...Continue Reading »Item Type & Format: Project Material - Ms Word | 41 pages |
Instant Download | Chapter 1-5 | ECONOMICS DEPARTMENT
-
9. GOVERNMENT EXPENDITURE ON INDUSTRIALIZATION AND INDUSTIAL SECTOR OUTPUTS IN NIGERIA 1993-2017
» CHAPTER ONE 1.0 INTRODUCTION 1.1 BACKGROUND OF STUDY The impact of manufacturing on economic development has been widely studied. Very few countries h...Continue Reading »Item Type & Format: Project Material - Ms Word | 99 pages |
Instant Download | Chapter 1-5 | ECONOMICS DEPARTMENT
-
10. THE IMPACT OF INTERNATIONAL REMITTANCES ON FINANCIAL SECTOR DEVELOPMENT IN NIGERIA
» CHAPTER ONE INTRODUCTION 1.1 Background of the study Remittances flowing into developing countries are attracting increasing attention because of thei...Continue Reading »Item Type & Format: Project Material - Ms Word | 84 pages |
Instant Download | Chapter 1-5 | ECONOMICS DEPARTMENT