Olaolu Richard Olayeni

Impact of Global Oil Market Shocks on Macroeconomic Variables in Nigeria: An SVAR Approach

Sodik Adejonwo Olofin & Olaolu Richard Olayeni · Journal of Economics, Management and Trade · 2026

This study examines the effects of structural shocks in the global oil market on Nigeria’s key macroeconomic variables. Recognising that oil price movements reflect diverse underlying forces, the analysis distinguishes between oil supply shocks, aggregate demand shocks, and oil-s...

Open access Research Article 10.9734/jemt/2026/v32i61442

Structural Oil Market Shocks, Exchange Rate Dynamics, and Market-Based Economic Activity in Nigeria: Evidence from SVAR and NARDL Models

Sodik Adejonwo Olofin & Olaolu Richard Olayeni · Journal of Economics, Management and Trade · 2026

This study examines how structurally identified global oil market shocks influence market-based economic activity in Nigeria, with attention to exchange-rate dynamics and asymmetric transmission. Monthly data from January 1999 to April 2026 were analysed using a Structural Vector...

Open access Research Article 10.9734/jemt/2026/v32i61439