Foreign Direct Investment, Money Supply, and Economic Growth in Nigeria: Evidence from an Autoregressive Distributed Lag (ARDL) Approach (2010Q1–2023Q4)
Purpose: This study examined the relationship between foreign direct investment (FDI), money supply, and economic growth in Nigeria using quarterly data from 2010Q1 to 2023Q4. It addresses the persistent debate and mixed empirical evidence regarding the long-run and short-run effects of FDI and monetary policy on econo...