THE DEPRECIATION OF NAIRA ON NIGERIAN ECONOMY: CAUSES, EFFECTS AND REMEDY
ABSTRACT 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 ...
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