ABSTRACT
In recent times, there has been growing concern about the rising but
volatile rate of investments in Nigeria. Thus concern stem from the fact that
investment plays a dominant role in stimulating growth. The study buttress on
the overview and empirical analyses into the determinant of investment in
Nigeria in other to achieve the objective hypotheses which was stated with the
purpose of achieving current and future stable and upswing of investment by
readdressing problems of investment, as highlighted in the statement of
problem. The study used investment as dependent variable and interest rate,
inflation, foreign direct investment, degree of trade openness, gross domestic
product, and money supply as independent variable. In analyzing the data,
economic model of multiple regression using ordinary least square (OLS) techniques
was employed. t- test was conducted to evaluate the significant of independent
variables in the model not statistically significant at 5 percent level. Auto
correlation and heteroscedaticity test were employed as the second order test.
Get the Complete Project Material Now!!!
