This study examine the
impact of exchange rate on foreign direct investment inflows in Nigeria,
adopting annual time series data relating to exchange rate volatility, foreign
direct investment, GDP growth rate 2001-2022. Autoregressive technique was
used. The findings of the study indicated that exchange rate volatility has a
positive but insignificant impact on Nigeria’s foreign direct investment
inflows also GDP has positive but insignificant impact on foreign direct
investment inflows in Nigeria. The study recommends that government ensure
policies that will boost investors' confidence and enable foreign companies to
invest in the country's economy.
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