The aim of this study is to find out the direction of causality between foreign direct investment (FDI) and economic growth (GDP) in Nigeria for a period of 40 years, which is between 1970 to 2009. The study employed in its analysis, the use of Ordinary Least Square (OLS), the unit root test was...

Foreign direct investment is considered to be a vital component of every nation's attempt towards economic development. It contributes directly to the growth, and facilitates transfer of managerial skills, besides improving global market access. On this background, the present paper investigates...