This study examined the relationship between oil dependence and financial development in a developing oil producing economy taking into consideration, the banking sector and capital market forces for the period 1981-2015. The techniques employed include Johansen Cointegration test, vector error...

After so many years of fruitless search for crude oil in the Ghana, in 2007 crude oil has been discovered in commercial quantities at the Jubilee offshore oil field. In fact, the offshore field is claimed to be the biggest find in offshore oilfields in West Africa in recent years. With examples...

The paper investigated the causality among carbon emission, oil production and economic growth in Nigeria’s time series data for the period 1970 to 2013. It estimated an autoregressive distributed lag model and used granger causality mechanism to establish both the effects and causal nexus...