This Study examined the impact of oil price volatility on stock price in Nigeria. Using the Ordinary Least Square method, the study analysed the secondary data collected, covering the period 1985 to 2017. Findings showed a long run relationship between the price of oil and stock price in Nigeria. Specifically, oil price and Inflation strongly and positively relate to stock price in the long run, Money supply, Gross national income and government capital expenditure have negative relationship with stock price in the long run. Recommendations made include, aggressive export diversification by the government and increasing the nation's foreign exchange reserve.
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