English (United Kingdom)

https://curated-unify.zendy.io/wp-json/zendy-region/v1/featured_content/oa?rat=en

https://curated-unify.zendy.io/wp-json/zendy-region/v1/highlighted_journal/

Global: Zendy Plus annual

Presents the access of premium content as premium feature

Premium Content

Presents the keyphrase highlighting as premium feature

Keyphrase Highlighting

Presents the summarisation as premium feature

Summarisation

Insights

Presents the pdf analysis as premium feature

PDF Analysis

Presents the zaia usage as premium feature

ZAIA

Global: Zendy Tools annual

Global: Zendy Free Plan

Global: Zendy Tools monthly

Global: Zendy Plus monthly

Foreign direct investment has been recognized by many research experts as one of the most secure elements of capital inflows capable of triggering economic expansion in developing economies but empirical literature provides mixed results as to what factors are capable of attracting substantial foreign investments into Nigeria. The aim of this paper therefore is to investigate the impact institutional quality has in attracting FDI flows into Nigeria from 1980 -2011. The Vector Error Correcting Model (VECM) is employed to examine the relationship between these macroeconomic variables. The result from the empirical analysis shows that political stability and corruption are major determinants of FDI inflows to Nigeria. Other significant determinants include human capital and trade openness. The study therefore recommends the strengthening of political and economic institutions in Nigeria to attract any meaningful foreign investments.

Institutional Quality and Foreign Direct Investment (FDI) In Nigeria: A Prognosis