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AN ANALYSIS ON THE PERSISTENT DEPRECIATION OF THE NAIRA IN THE FOREIGN EXCHANGE MARKETS CAUSES, EFFECTS AND SOLUTIONS.

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AN ANALYSIS ON THE PERSISTENT DEPRECIATION OF THE NAIRA IN THE FOREIGN EXCHANGE MARKETS CAUSES, EFFECTS AND SOLUTIONS.

PROPOSAL
This work titled analysis of the persistent depreciation of the naira in the foreign exchange market:

Causes, effects and solutions. Captures the performance of Nigeria economy in the face of the continuous depreciation of the naira.

     The major objective of the study is to determine the effects of the depreciation on Nigeria growth.

     The data to be used for this work is the secondary source of data due to the nature of the research.

The constraints that will be encountered in the course of this study include: High cost of text books, transportation cost, time factor refusal of officials to offer their full support and co-operation.

       Findings also will show that some causes of depreciation of the naira value include undue dependence on the oil sector and deficit spending by the government.

         It is therefore to be recommended that there should be strict adherence to CBN’S monetary policy guidelines by both private and public sector. The monetary authorities should intervene periodically in the foreign exchange market to achieve strategic objectives.

TABLE OF CONTENT

Cover page

Title page

Approval page

Dedication

Acknowledgement

Proposal

Table of content

CHAPTER ONE

INTRODUCTION

1.1  Background of study

1.2  Statement of problem

1.3  Purpose of study

1.4  Research questions

1.5  Statement of hypothesis

1.6  Significant of the study

1.7  Scope and limitation of the study

1.8  Definition of terms.

CHAPTER TWO

REVIEW OF RELATED LITERATURE.

2.1 Nominal and real exchange rates.

2.2 The foreign exchange market in Nigeria since 1986.

2.3 Causes of the persistent depreciation of the naira.

2.4 Effects of the depreciation of the naira on the economy.

2.5 Measures to strengthen the value of the naira.

CHAPTER THREE

RESEARCH DESIGN AND METHODOLOGY

3.1 Area of study

3.2 Instruments of data collection

3.3 Validation of instrument

3.4 Method of data analysis

CHAPTER FOUR

DATA PRESENTATION AND ANALYSIS

CHAPTER FIVE.

FINDINGS, CONCLUSION AND RECOMMENDATION

5.1 Summary of findings

5.2 Conclusion

5.3 Recommendations

BIBLIOGRAPHY

APPENDIX.



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