It is a noun with at last four meanings:
1 The study or art of creating new words.
2 The act of introducing a new word into a language.
3 The use of an existing word in a new way.
4 The holding of novel or rational religious views. (Although this definition is now largely obsolete.)
1 Neology is a hobby of mine.
2 I’ve just had a new word accepted by the Oxford English Dictionary. Neology!
3 Urban Dictionary is a catalyst for neology
4 Believing that we are all just the dream of a sleeping cat is not necessarily a neology.
Nigology is the science of imbecility. It comes from the French word "nigologue" invented by Voltaire. In order to excel in this domain one has to be a real idiot himself.
The highest level of nigology one can reach is Dr. In Nigology. This title is very prestigious and renowned. Only a few people can reach this level.
Yo mate did you study nigology at university to reach this level of stupidity?
I don't think I have ever seen seomeone master nigology like you do mate
Dexz: girl you looking fine asf.
Girl: thanks but i already have a boy friend.
Dexz: shorty no prob i have a masters in side niggology, he will never find out.