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MANAGEMENT OF FOREIGN EXCHANGE IN NIGERIA BY CBN (1959- JULY, 2004)

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND TO THE STUDY It has already been stated that money is a common denomination in which the rate relative value of goods and services can be expressed. Throughout history any community which form itself into a nation for the purpose of self-government immediately introduce its own distinctive unit of account –monetary unit of account (Legal tender) In the words or (Obaseki 2011) “ in the international reaches ...

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