This study examined the dynamics of inflationary process in Nigeria over the period 1981 – 2015, using the bounds testing approach to cointegration. Empirical results indicated that inflation in Nigeria proxied by CPI exhibited a strong degree of inertia. The econometric results showed that...

The insights on the long run relationship amongst money supply and government revenues are of significant importance for monetary-fiscal policy formulation in a developing country like Nigeria. Taking into account the vital importance of these two variables, we empirically analyzed the long-run...

Studies on money supply determinants focus on the Classicists or Monetarists, Key-nesians and post-Keynesians variables like income and money multiplier. This re-search extends the literature on money supply determinants to include the influ-ence of financial liberalization on money supply with...