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Full-Text Articles in Regional Economics

Implications Of The African Continental Free Trade Area For Nigeria’S Economic Growth, O. S. Aigheyisi, M. A. Iyoha Mar 2022

Implications Of The African Continental Free Trade Area For Nigeria’S Economic Growth, O. S. Aigheyisi, M. A. Iyoha

Economic and Financial Review

The objective of this paper is to examine the effect of intra-African Trade on Nigeria’s economic growth from 1981 to 2019. To achieve this, the ARDL modeling technique is employed to investigate the short-run and long-run effects of intra-African trade on Nigeria’s economic growth. The study finds that though the short-run effect is positive but not significant; the long-run effect is significantly positive, and robust to alternative estimation techniques. This suggests that expansion of trade among African countries, which is expected to result from the full implementation of the African Continental Free Trade Agreement (AfCFTA), would have positive growth effect …


Trade And Monetary Relations In The West African Sub-Region 1966-1970, Central Bank Of Nigeria Cbn Jun 1972

Trade And Monetary Relations In The West African Sub-Region 1966-1970, Central Bank Of Nigeria Cbn

Economic and Financial Review

The West African Sub-Regional Group of the Association of African Central Banks is composed of six central banks that serve the twelve constituent member-countries. The countries include four sterling area countries: Gambia, Ghana, Nigeria and Sierra Leone; the remaining eight countries - Dahomey, Ivory Coast, Mali, Mauritania, Niger, Senegal, Togo and Upper Volta-belong to the franc zone. Being the Report of the Study Croup of Central Bank Directors of Research in West Africa, set up by the West African Sub-,Regional Committee of the Association of African Central Banks (AACB). The Report was adopted at the second meeting of the Sub-Regional …