Insights & Perspectives

The Blog

Finance, faith, entrepreneurship, and global leadership — written for those who dare to grow.

More articles

9 February 2026

Impact of Macroeconomic Variables on Stock Market Performance in Nigeria

This study examines the impact of macroeconomic variables on stock market performance in Nigeria from 1986 to 2019. Using secondary data from the World Bank databank and the Central Bank of Nigeria, the study employs an Error Correction Model to investigate the relationship between inflation, oil price, exchange rate, investment and stock market performance in Nigeria.

Read →17 min read