Patterson Ekeocha

Central Bank of Nigeria · Research Department

This study investigates trade shock transmission between selected African countries, the BRIC and the rest of the global economy with a view to understanding the likely disposition of African economies towards multilateralism in the years to come. The study extends the network approach of Diebold and Yilmaz [( 2009 ). Measuring financial asset retu...

This paper examines spillover effects of U.S monetary policy on macroeconomic fundamentals in Nigeria from January 1985 to December 2018. The study period is partitioned to account for conventional monetary policy (CMP) period, January 1985 to August 2007 and unconventional monetary policy (UMP) period, September 2007 to December 2018. Guided by re...

The debate on the nexus between energy consumption and economic growth continues unabated with divergent views on the direction of the relationship. This is partly due to the sources and patterns of energy consumption across different countries, differential characteristics of the economies, and differences in the methodologies employed. Again, the...

The Nigerian economy witnessed a significant growth turning point from the early 2000s after it returned to democratic rule in 1999. But the strong economic growth posted by the country has not served to substantially reduce poverty, inequality, unemployment, exchange rate, inflation and interest rate spread. Consequently, there is a damping effect...

This study tries to ascertain the long run determinants of foreign portfolio investment (FPI) in Nigeria such that appropriate policies will be pursued to attract same in the long run. FPI has grown recently in proportion relative to other types of capital inflows to Nigeria before the wake of global financial crisis. Incidentally, there is no empi...

This is a study of the properties of the Nigeria's tax system particularly the bases of the company income tax, value added tax and personal income tax. The results indicate that their bases are not stable (not persistent and volatile). However, while the bases of the company income tax and personal income tax are more sensitive to cyclical swings...