In this paper, the impact of policy and institutions on non-oil exports in Nigeria is investigated, using data from secondary sources for the period 1961-2012, and implemented through the autoregressive distributed lag framework. Non-oil exports were found to have a long-run equilibrium relationship with policy and institutional variables. Money supply and exchange rate were found to be positively associated with and statistically significant determinants of non-oil exports in the long and short run. Fiscal deficit, interest rate, "constraints on the executive" and openness were found to be inversely related to non-oil exports in both the short and long run. While inflation was found to be negatively related to non-oil exports in the short run, it is the reverse in the long run. An enhanced political institutional framework is required, that is attuned to growth in the non-oil sector of the economy, as a mechanism for improving the country"s non-oil exports.

The paper explores the nexus between information and communications technology (ICT)-driven entertainment industry and the growth and diversification of the Nigerian economy, using available quarterly data for the period 2010Q1-2013Q4. Deploying a matrix of four models implemented through the ordinary least squares, and the fully modified OLS regressions, the empirical evidence is in favour of enhanced growth and diversification, driven by the adoption of information and communications technology in the entertainment industry. A comprehensive policy framework is recommended to enhance productivity in the entertainment industry and exploit the gains from the country's integration into the information-driven global economy.