This paper empirically examined the level relationship and the direction of causality between Growth Domestic Product, Foreign Direct Investment (FDI) and Inflation rate in Nigeria using auto-regressive distributed lag (ARDL) modeling approach and bounds test for co-integration and Granger causality tests. Results suggest that both variables are in long-run equilibrium relationship when GDP is dependent variable under the ARDL. Also the investigation shows that there is only one granger causality relationship which is a uni direction between inflation and foreingn direct investment this means that inflation causes foreingn dırect ınvestment ın Nigeria.Finally the investigation found a one co integration relation using Trace Test and Eigen value approach.
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