Bawa, Sani; Abdullahi, Ismaila S.; Tukur, Danlami; … - In: CBN journal of applied statistics 11 (2020) 2, pp. 85-113
This study examines the impact of oil price shocks on inflation in Nigeria. A Non-Linear Autoregressive Distributed Lag … toincrease in headline, core and food measures of inflation in Nigeria. However, a de-cline in oil price resulted in a decline in … the marginal cost of production and culmi-nated in moderation of domestic inflation. Furthermore, negative oil price …