Trade openness fails to boost Nigeria's economy, new study reveals.
Trade openness in Nigeria has been studied from 1986 to 2015 to see how it affects the economy. The researchers found that while there is a long-term relationship between trade openness and economic factors like growth and capital, there is no direct short-term impact on economic growth. This suggests that trade openness can help Nigeria's economy, but only if combined with other strategies for sustainable growth.