Bello, Yakubu A.; Adekunle, Peter A.; Nwachukwu, … - In: CBN journal of applied statistics 13 (2022) 1, pp. 209-239
This study examines the impact of the COVID-19 pandemic on sectoral stock prices in Nigeria stock market using daily data covering from February 28, 2020 to June 26, 2020. Applying the autoregressive distributed lag (ARDL) bounds test, the study finds that COVID-19 pandemic had adverse impact on...