CHAPTER ONE INTRODUCTION 1.1 Background of the study However, monetary policy as a technique of economic management to bring about Sustainable economic growth and development has been the pursuit of nations and formal articulation of how... Continue Reading
ABSTRACT The purpose of this research is to describe and investigate the monetary policy and exchange rate in Nigeria and effect on economy over the period 1990-2010, using Econometrics technique. The researcher used Regression Analysis to analyze the data with the help of social science statistical package SPSS. Two models were used by the... Continue Reading
CHAPTER ONE Introduction Background of the Study Exchange rate is the price of one country’s currency expressed in terms of some other currency. It determines the relative prices of domestic and foreign goods, as well as the strength of external sector participation in the international trade. Exchange rate regime and interest rate remain... Continue Reading
CHAPTER ONE INTRODUCTION 1.1 Background to the Study Macroeconomic policy consists of the actions aimed at inducing appropriate changes in macroeconomic aggregates such as output, employment and the price level. The major components of macroeconomic policy include fiscal, monetary, debt management, exchange rate and prices and... Continue Reading
ABSTRACT The decline of non-oil exports has had adverse effect on the economy. Since 1986, the federal government has formulated policies to enhance non-oil exports, put in place incentives and institutional support framework effective implementation. This paper examines these policies to investigate the extent to which the exchange rate can boost... Continue Reading
E x c h a n g e r a t e i s t h e p r i ce o f o n e c u r r e n cy i n t er m s o f a n ot h er c u rr e n c y . E x c h a n g e ra t es this e x c h a n g e ra t e i s a ls o u s ed to d e t er m in e t h e l e v e l o f o u tp u t g r o w t h of th e c o u n t r y . O v er... Continue Reading
ABSTRACT Exchange rate is the price of one currency in terms of another currency.Exchange rate s This exchange rate is also used to determine the level of output growth of the country. Over the years, Nigeria has adopted various exchange rate regime ranging research work is centered on the... Continue Reading
CHAPTER ONE INTRODUCTION 1.1 Background of the study Exchange rate tends to be paramount to every country because it contributes to the economic development of nations by influencing the amount of foreign exchange reserves as well as the level of imports a country can afford.... Continue Reading
ABSTRACT This study evaluates the relationship between exchange rate fluctuations and its impact on the Nigerian economic growth. This study made use of secondary annual data from the Central Bank of Nigeria (CBN)’s statistical bulletin & publications from the National Bureau of statistics (NBS). This study adopted the classical least regression... Continue Reading
This study examined the Impact of Exchange Rate Volatility on Nigeria Economic Growth over the period of 29 years (1987-2015). Secondary data source was explored in presenting the facts in which all Nigeria’s economic outputs were considered. The secondary data are obtained from CBN annual reports. The model for the study has its dependent... Continue Reading
CHAPTER ONE INTRODUCTION 1.0 BACKGROUND OF THE STUDY Nigeria aims to become one of the leading developed economies in the world by the year 2050 (Obi et al, 2016). A crucial strategy towardsobtaining this aspirationis the development of a well-structured exchange rate policy. Exchange rate refers to the amount units of aeconomy’s currency (the... Continue Reading
INTRODUCTION This study examined the Impact of Exchange Rate Volatility on Nigeria Economic Growth over the period of 29 years (1987-2015). Secondary data source was explored in presenting the facts in which all Nigeria’s economic outputs were considered. The secondary data are obtained from CBN annual reports. The model for the study has its... Continue Reading
CHAPTER ONE INTRODUCTION 1.1 Background of the study The Nigeria economy has witnessed a great degree of instability ever since the end of Civil War. From 2.48824 to 1.24414 grains of fine gold following the exchange of the Nigerian Pound to Naira in 1973, fixed... Continue Reading
This study examined the Impact of Exchange Rate Volatility on Nigeria Economic Growth over the period of 29 years (1987-2015). Secondary data source was explored in presenting the facts in which all Nigeria’s economic outputs were considered. The secondary data are obtained from CBN annual reports. The model for the study has its dependent... Continue Reading
THE(1980 – 2010) ABSTRACT This research work is centred on the impact of exchange rate fluctuation on the Nigeria’s economic growth with special emphasis on purchasing power of the average Nigeria and the level of international trade transaction. Without exchange rate the... Continue Reading
ABSTRACT The purpose of this project is based on the effect of monetary policy on economic growth in Nigeria. This work discussed the meaning of monetary policy as monetary management techniques put in place by the government through the central bank to control money stock in order to influence broad macro-economic objectives. The data used is a... Continue Reading
IMPACT OF MONETARY POLICY OF ECONOMIC GROWTH IN NIGERIA PROPOSAL The Nigeria economy has been experiencing over the years the problems of unemployment, price level instability, lack of sustainable economic growth, balance of payment disequilibrium, inability to mobilize domestic saving and unsatisfactory expansion of domestic output. This has lead... Continue Reading
THE IMPACT OF MONETARY POLICY ON ECONOMIC ROWTH IN NIGERIA ABSTRACT This study examined the effect of monetary policy on the Nigerian economic growth and also ascertained the relationship between the monetary policy and interest rate target, for the period of 2000-2014. The data used in running the analysis are Broad money supply (M2), Real... Continue Reading
ABSTRACT This study examined the effect of monetary policy on the Nigerian economic growth and also ascertained the relationship between the monetary policy and interest rate target, for the period of 2000-2014. The data used in running the analysis are Broad money supply (M2), Real interest rate (RIR), Real exchange rate (REXR) and Gross domestic... Continue Reading
The Impact Of Monetary Policy On Economic Growth In Nigeria ABSTRACT This study examined the impact of monetary policy on economic growth in Nigeria from 1979-2008. The study adopted error correction model specification. Data was collected from CBN statistic bulletine, the statistical techniques with the aid of P.C. give software package. The... Continue Reading