Owuru, Joel Ede; Oladele, Olumuyiwa Samuel - In: Future Business Journal 9 (2023), pp. 1-14
This study examines the response of foreign direct investment (FDI) to asymmetric changes in stock returns in Nigeria … of FDI using a nonlinear ARDL modelling framework. By controlling for exchange rate and output size, evidence of … asymmetric response of FDI to stock market returns in Nigeria could not be denied. Hence, sustainable development in Nigeria …