STRUCTURE OF NIGERIA DOMESTIC DEBT AND IT’S IMPACT ON FOREIGN EXCHANGE EARNINGS (1986-2014)
ABSTRACT The study examined the empirical relationship between domestic debt and the performance of Nigerian economy using data spanning (1987-2014). Secondary data were used and collected from Central Bank of Nigeria Statistical Bulletin and National Bureau of Statistics. Hypotheses were formulated and tested using Ordinary Least Square (OLS) model. The study indicates that interest rate has inverse significant relationship with Gross Domestic Product in Nigeria. There is a positive significant ...
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