THE ROLE OF CENTRAL BANK OF NIGERIA IN THE MANAGEMENT OF THE NATIONS FOREIGN DEBT

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ABSTRACT

The central bank of Nigerian (C.B.N) started full-scale operation on 1st July 1959, and since its inception like most of the central bank the world over, performs certain national and international functions one of which is the management of foreign debt. So this project examines the role of CBN in the management of foreign debt.

A lot of problems engulfed the central bank of Nigeria which trying to carry out this function ranging from inadequate reserves to over increasing imports bills. The study which is not one outcome of empirical research examines the different measures adopted by the central bank of Nig at different times to ensure efficient management of external debt.

The methodology employed revolves round the use of secondary data extensively round the use of less importance.

However, the magnificent increase in the volume of external depreciation in the value of the naira through the exchange market.

Finally, the debt-rescheduling programmer of the central bank of Nigeria will be meaningless if the export base is not developed to guarantee increased earning of foreign exchange.

TABLE OF CONTENTS

PROJECT TITLE

APPROVAL PAGE

DEDICATION

ACKNOWLEDGEMENT

TABLE OF CONTENTS

ABSTRACT

CHAPTER ONE

INTRODUCTION

PROBLEM DEFINITION

OBJECTIVES OF THE STUDY

HYPOTHESIS: NULL HYPOTHESIS

CHAPTER TWO

REVIEW OF RELATED LITERATURE

THE SECOND TIER FOREIGN EXCHANGE MARKET

DEBT CONVENTION PROGRAMMER

CHAPTER THREE

RESEARCH METHODOLOGY

METHOD

PROCEDURE

CHAPTER FOUR

FINDINGS

PROBLEMS ENCOUNTERED IN CARRYING OUT MANAGEMENT FUNCTIONS AND SOLUTION.

CHAPTER FIVE

CONCLUSIONS

SUMMARY

BIBLIOGRAPHY

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THE ROLE OF CENTRAL BANK OF NIGERIA IN THE MANAGEMENT OF THE NATIONS FOREIGN DEBT

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