Oil Price Volatility and Stock Market Returns in an Emerging Economy: Evidence from Nigeria

The study examines the reaction of the Nigerian stock market to fluctuations in the mainstay of the Nigerian economy. Using time series data sourced from OPEC website and the Central Bank of Nigeria (CBN) Statistical Bulletin, we investigate the effect of oil price volatility on stock market returns...

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Bibliographic Details
Main Author: Ikponmwosa Michael Igbinovia
Format: Article
Language:English
Published: Fakultas Ekonomi Universitas Sriwijaya 2019-10-01
Series:Sriwijaya International Journal of Dynamic Economics and Business
Subjects:
Online Access:http://sijdeb.unsri.ac.id/index.php/SIJDEB/article/view/143