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The purpose of this paper is to present an empirical analysis of the aggregated import demand behavior for Nigeria using annual data between 1980 and 2006.

The bounds test analysis was used to estimate the long‐run relationship between imports and its determinants.

Test results show that imports, income and relative prices are cointegrated. The estimated long‐run elasticities of import demand with respect to income and relative prices are 2.48 and −0.133, respectively.

These results suggest that the Marshall‐Lerner condition are not satisfied for Nigeria.

The purpose of this paper is to estimate Nigeria's audiovisual services import demand using foreign football transmitted through digital satellite television (DSTV) as a case study. The major focus is on whether such imports effectively replace local recreation in watching domestic football.

The authors examined descriptive statistics. The methodology employed is a combination of descriptive analysis and cross‐sectional regression.

The paper's analytical framework establishes a link between the conventional import demand and demand for football functions, while the estimated empirical counterpart found that the demand for foreign football via cross‐border satellite transmission is a statistically significant function of taste for foreign football, quality, and entertainment. While descriptive statistics indicate respondents’ preference for foreign football, the test of significance rejected the hypothesis that the demand for foreign football broadcast service imports has replaced demand for domestic football as an entertaining sport. In addition, the demand for foreign football broadcast is fairly inelastic, as a greater percentage of the respondents will watch foreign football even if the cost of subscription or cost of paying per view in the viewing centers increase.

The paper describes the first of this type of research to be conducted in Nigeria.

Poverty reduction remains one of the main goals of development efforts, as evidenced by the adoption of the Millennium Development Goals by most developing countries and international agencies. The purpose of this paper is to explore the relationship between trade (exports) and employment and how the relationship reduces poverty through the instrumentality of employment, with a focus on Nigeria.

The paper takes the form of descriptive analysis.

Evaluating the case for Nigeria, the authors find that oil exports which drives economic growth do not provide the needed employment to reduce poverty, while agricultural trade, particularly exports, are capable of reducing poverty and inequality in Nigeria through the channel of employment and agricultural productivity growth.

The paper makes a link between export trade, employment and poverty reduction in Nigeria.

The growing volume of trade misinvoicing in Sub-Saharan Africa (SSA) calls for serious concern, particularly given its effect on macroeconomic fundamentals. Despite the growing body of literature on the growth effect of trade misinvoicing, empirical evidence on the role of governance in moderating the effect is quite scarce, particularly for SSA. The purpose of this paper is to provide insights into the growth effect of trade misinvoicing in SSA as well as the moderating role of governance in this regard.

The feasible generalised least square estimator was applied to analyse relevant data, spanning 2009–2018, of 35 SSA countries. Governance indicators were classified into economic, political and institutional governance, and their individual role in moderating the nexus between trade misinvoicing and economic growth was explored.

This paper showed the presence of cross-sectional dependence among SSA countries and long-run convergence of the estimated variables. The empirical finding showed that trade misinvoicing has a negative growth effect in the selected SSA countries, but both economic and political governance are crucial in lowering the observed negative growth effect.

To curtail trade misinvoicing, SSA policymakers should go beyond just designing anti-money laundering policies to effectively implementing the policies for improved growth prospects. More so, the government of each SSA country must devise means of strengthening governance and building effective, accountable and transparent institutional frameworks that will constantly check and discourage trade misinvoicing activities.

The originality of this paper stems from its novel assessment of the role governance plays in moderating the growth effect of trade misinvoicing in SSA using the feasible generalised least square estimator. It also details the strategies needed to effectively tackle trade misinvoicing.

The purpose of this paper is to examine the determinants of consumers preferences on textile materials and the impact of consumer preference on performance of textile industry. This is because as consumers have access to a variety of textile products, they strongly developed and shifted preference to foreign sources, which could lead to the eventual demise of many of the textile factories.

The logit model is adopted to describe the behaviour of consumers when faced with a variety of mutually exclusive choices. The model also describes the consumers’ choice of differentiated goods with common consumption objectives but with different characteristics.

Findings revealed that consumers in Nigeria prefer foreign textile to locally made textile. In addition, differences in quality and availability are factors that drive consumer’s preference towards foreign textile. Also, the inefficient performance of the Nigerian textile industry is influenced by limited demand from the domestic market, poor infrastructure and smuggling. Hence, there is a need for innovative entrepreneurship, concentration on quality improvement and alleviating supply constraints.

To the best of the authors’ knowledge, this is the first study that examines consumer preferences in the Nigerian textile industry.

This study aims to examine the relationship between the oil price and the exchange rate for Nigeria between January 1997 and December 2012. Previous empirical studies revealed an ambiguous relationship between crude oil prices and exchange rates, a reason for exploring the differential effects of positive and negative oil price shocks on the exchange rate.

Time series and structural analysis were used.

The findings indicate different responses for the exchange rate with respect to positive and negative oil price shocks. Positive oil price shocks were found to depreciate the exchange rate, whereas negative oil price shocks appreciate the exchange rate. In addition, the asymmetric effects of positive and negative oil price shocks on the real exchange rate were not supported by the statistical evidences. The empirical results were robust to different specifications.

To the best of the authors’ knowledge, this is the first paper to assess the differential impact of positive and negative oil price shocks and the role of oil prices in predicting the exchange rate over long horizons in Nigeria.

The purpose of this paper is to analyze the economic relation between China and Nigeria in the area of foreign direct investment (FDI).

The study employed the use of quantitative (descriptive analysis such as ratios, percentages and correlation as well as cross tabulations), qualitative (key informant interviews and surveys) and case studies – for example the railway transport project handled by the Chinese. The use of surveys assisted the study to generate firm‐level data that allowed the analysis of China‐Nigeria investment relations with respect to concerns such as the employment effects as well as the competitive and/or complementary effects of Chinese firms to local firms. The use of content analysis of relevant documents and reports obtained from various sources was equally involved to corroborate the results obtained from primary data.

The findings reveal that the major characteristic of Chinese investment in Nigeria is its concentration in a few sectors that are of strategic interest to China, especially in the extractive industries which are carried out largely by state‐owned enterprises or joint ventures. In addition, the analysis clearly shows that the engagement with China, just like any bilateral relationship, has some advantages and disadvantages and that optimal outcome of the engagement will depend on the policies and institutions that are put in place to maximize the complementary effects and to minimize the competing effects. However, there is need to ensure implementation of laws and regulations in Nigeria and to ensure compliance by the Chinese investors.

This is the first study to carry out an empirical analysis of the China‐Nigeria relation. The study was able to establish the sectors where the incoming FDI from China is directed and the extent at which Chinese FDI is bundled with inflows of aid. The study was also able to show that the incoming Chinese FDI are in resource seeking, and the output targeted at the external market. The study will be of value to academia and to policy makers who are interested in studying the China‐Africa relation.

The purpose of this study is to investigate the interactive relationships between oil price shocks and the Nigeria stock market.

The paper applied the multivariate vector auto‐regression that employed the generalized impulse response function and the forecast variance decomposition error.

Empirical evidence reveals that stock market returns exhibit insignificant positive response to oil price shocks but reverts to negative effects after a period of time depending on the nature of the oil price shocks. The results are similar even with the inclusion of other variables. Also, the asymmetric effect of oil price shocks on the Nigerian stock returns indices is not supported by statistical evidences.

This is the first study to examine the dynamic linkages between stock market behaviour and oil price shocks in Nigeria.

In the highly competitive business landscape, manufacturing firms need to adopt an effective manufacturing strategy to attain a successful world-class manufacturing status. Over the past few decades, the lean manufacturing (LM) approach has gained recognition as one of the foremost strategies for enhancing performance. However, the implementation of LM poses significant challenges due to several barriers. The purpose of this paper is to investigate the primary barriers to lean implementation within the apparel industry.

This paper used an exploratory study approach, using a three-part structured questionnaire to assess the level of agreement on different lean barriers. The measurement of these barriers was conducted using a five-point Likert scale. Empirical data were collected from 177 apparel companies located in Bangladesh.

The findings of the research highlight that the primary obstacles to implementing LI include a lack of understanding of the lean manufacturing system (LMS), the manufacturing process, the company culture and resistance from employees.

This paper could potentially limit the generalizability of this research, as it exclusively examines a single manufacturing sector – the apparel industry.

This paper will help practitioners in finding solutions to resolve discrepancies between current manufacturing practices and the LMS.

This paper fulfills an identified need to examine the extent of lean adoption within the apparel industry of Bangladesh.

This study aims to investigate some physicochemical characteristics of Hildegardia barteri seed oils obtained by cold-pressing and solvent extraction procedures.

Crude oil samples were obtained from the kernels by cold pressing and solvent extraction. The physicochemical properties of the oil samples were investigated according to the standard procedures in published works of literature.

The oil yield was 55.7 and 97 per cent for cold-pressed kariya seed oil (CPKSO) and solvent-extracted kariya seed oil (SEKSO), respectively. Specific gravities, refractive indices, viscosities, iodine value, saponification value, peroxide value and acid value were 0.8742 and 0.9036; 1.4629 and 1.4584; 75.93 and 74.90 mPa.s; 55.78 and 53.56 g of I2/100g of oil; 249.76 and 253.90 mg KOH/g; 4.86 and 5.02 meq KOH/g; 2.12 and 2.09 mg KOH/g of oil for CPKSO and SEKSO, respectively. The physicochemical characteristics of kariya seed oil were not significantly affected by extraction method. The fatty acid profiles of CPKSO and SEKSO showed that the two oil samples contain 24.2 and 23.7, 31.3 and 29.3, 23.2 and 23.7 and 19.6 and 21.3 per cent of myristic, palmitic, stearic and linolenic acids, respectively. Lauric and oleic acids were present in very little proportions of 0.3 and 0.41; and 0.01 and 0.03 per cent, respectively, whereas linoleic acid was 1.4 per cent for the two oil samples. Significant differences in fatty acid profiles were observed for lauric, palmitic and linolenic acids (p = 0.05). Saturated and unsaturated fatty acids were about 79.0 and 77.11 per cent and 21.01 and 22.73 per cent for CPKSO and SEKSO, respectively.

This work promotes H. barteri tree beyond its use as a mere ornamental plant. The non-conventional seed oil it produces may find relevance in the food or biofuels industry subject to further investigation.

This study is the first to document the extraction and physicochemical properties of kariya seed oils.