The Depreciation of Naira on Nigerian Economy: Causes, Effects and Remedy

The Depreciation of Naira on Nigerian Economy: Causes, Effects and Remedy

Content Structure of The Depreciation of Naira on Nigerian Economy: Causes, Effects and Remedy

• The abstract contains the research problem, the objectives, methodology, results, and recommendations
• Chapter one of this thesis or project materials contains the background to the study, the research problem, the research questions, research objectives, research hypotheses, significance of the study, the scope of the study, organization of the study, and the operational definition of terms.
• Chapter two contains relevant literature on the issue under investigation. The chapter is divided into five parts which are the conceptual review, theoretical review, empirical review, conceptual framework, and gaps in research
• Chapter three contains the research design, study area, population, sample size and sampling technique, validity, reliability, source of data, operationalization of variables, research models, and data analysis method
• Chapter four contains the data analysis and the discussion of the findings
• Chapter five contains the summary of findings, conclusions, recommendations, contributions to knowledge, and recommendations for further studies.
• References: The references are in APA
• Questionnaire.

Abstract of The Depreciation of Naira on Nigerian Economy: Causes, Effects and Remedy

The study investigated the effect of depreciation of naira on Nigeria economy, causes effect and remedy using time series analysis and annual data from 1990 – 2009. The regression analysis model were used to capture both the long-run and short-run dynamics of the variables in the model. The empirical results indicate that depreciation of naira have significant effect on economic growth. There also exists a unique long-run relationship between economic growth and its determinants, including exchange rate, inflation rate and interest rate. It is relevant that Nigeria as a nation should critically look at her economic policies and exchange rate regimes to curb the instability in the naira exchange rate as well as boost her external balance.

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