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MANAGEMENT OF FOREIGN EXCHANGE IN NIGERIA BY CENTRAL BANK OF NIGERIA (1959 – 2004)

ABSTRACT This work deals with foreign exchange management in Nigeria by the Central Bank of Nigeria (CBN) from 1959 to July 2004. the need to manage foreign exchange became imperative as a result of dis equilibrium in the foreign exchange market caused by inadequate supply of foreign exchange management is a conscious attempt to harnesses foreign exchange resources deploy them to service the economy so as to prevent the economy ...

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