Impact Of Global Financial Crisis On Crude Oil Prices, Stock Prices And Inflation Rates In Nigeria

In the automobile business,  RT  Briscoe  was  doing  well  before  the crisis with an increase of N0.267 per month in their share prices. The crisis tuned this increase to a decrease of N1.188 per month in share prices. This is general put RT Briscoe at decrease rate of N0.912 per month (Table 4:6).

CHEMICAL AND PAINTS SECTOR
In this sector, we looked at Berger Paint, one of the leading paints in Nigeria and observed that before this crisis there was an increase of N1.505 per month in their share prices but during the crisis, there was a significant decrease of N-0.815 per month. Generally speaking, the share prices of Berger paints experience a non-significant increase of N0.3092 per month (Table 4:7).

CONGLOMERATES SECTOR
The conglomerate sector witnesses their own share of the crisis; a closer look at the models shows that for Unilever which is under this group, there was an increase of N0.789 in share prices per month before the crisis but during the crisis period a decrease of N1.872 was observed. This made the price of stocks for Unilever to have a general decrease of N-0.503 per month over the studied period (See Table 4:8).

Table 4.9  shows that there was a  significant increase in share prices of Julius Berger before the crisis, but during the crisis,  the  share prices depreciated significantly at a monthly rate of N7.995. Generally, the model for the company now shows that they are experiencing a share price decrease of N1.115 per month in share prices.
FOOD BEVERAGES AND TOBACCO SECTOR
Cardbury Nigeria Limited was selected under  this  sector.  The  models are

The sector recorded an increase of N1.633 per month before the crisis started. During the crisis there  was  low  monthly  decrease  in  share price of N2.542 which generally put the company now at a monthly decrease of N 0.936 (See Table 4.10).