Effect Of The Naira Redesign On The Economy Of Nigeria

This paper investigates the effect of naira redesign on the economy of Nigeria. In order to fulfill this objective, this paper reviewed the impacts of similar policy on the Nigeria economy over years by sampling techniques. The design shows that this research is simply the process of arising at a dependable solution to problem through the planned and systematic collection analysis and interpretation of data. Sample size and sampling techniques is 124. The strategies random sampling technique was used. Method of data collection, the interview for collection of more facts and clarification (primary and first hand information). The questionnaires were administered to the bank customers and to the bank staff and management through with a lot of difficulties. Method of data analysis, for the purpose of this data analysis that follows in this part of the work, the following data analysis tools have been extensively use, we use simple percentage to analyse. The finding showed that: (i) naira note redesign have greatly impact the economy of Nigeria. Based on findings it was recommended among other the central bank should release certain policies in other to enable bank to dispense more monies to their customers.

The objectives of the study were:

1. To find out whether currency redesign has effects on a nation"s economy.
2. Examine the effects that currency redesign have on a nation"s economy.
3. Ascertain whether there is any relationship between currency redesign and improvement on a nation"s economy.
4. To investigate the problems that led to the redesigning of the currency.

1. Does currency redesign affect the nation"s economy?
2. What are the effects that currencies redesign have on a nation"s economy?
3. What is the relationship between currency redesign and improvement on a nation"s economy?
4. What are the problems that led to the redesigning of the currency?

COVER PAGE
TITLE PAGE
APPROVAL PAGE
DEDICATION
ACKNOWELDGEMENT
ABSTRACT

CHAPTER ONE
1.0 INTRODUCTION
1.1 Background of the project
1.2 Statement of the problem
1.3 Aim and objectives of the project
1.4 Research questions
1.5 Statement of hypothesis
1.6 Justification of the study
1.7 Delimitations of the study
1.8 Limitations of the study
1.9 Definition of terms

CHAPTER TWO
LITERATURE REVIEW
2.1 REVIEW OF THE STUDY
2.2 CONCEPTUAL REVIEW OF THE STUDY
2.2.1 Importance Of Naira Redesign
2.3 THEORITICAL REVIEW OF THE STUDY
2.3.1 Currency redesign and economic development
2.3.2 The cashless policy
2.3.3 Benefits of Cashless Policy to the economy
2.3.4 Economic and Legal Issues on the Redesign of the Naira
2.3.5 Costs and Benefits Analysis of the Policy
2.3.6 Review of Related Studies
2.4 EMPIRICAL REVIEW OF THE STUDY
2.4.1 Effects of adopting the policy of currency redesign on the Nigerian economy overtime
2.4.2 The Power of CBN to Make this Monetary Policy Decision
2.4.3 Purpose and Intent of the Redesign
2.4.4 Long and Short Term Impact on the Economy
2.4.5 Nigerian law on currency redesign and redistribution
2.4.6 Global Best Practices on currency redesign
2.4.7 Nigeria"s 2022 currency redesign scheme and global best practices

CHAPTER THREE
RESEARCH METHODS
3.1 Research Design
3.2 Area of Study
3.3 Population on the Study
3.4 Sample Size and Sampling techniques
3.5 Instrument for Data Collection
3.6 Method of Data Collection
3.7 Validation and Reliability of the Instrument
3.8 Method of Data Analysis

CHAPTER FOUR
4.0 PRESENTATION AND ANALYSIS OF DATA

CHAPTER FIVE
5.1 Summary
5.2 Conclusion
5.3 Recommendation
References

• Impact Of The Naira Redesign And Cashless Policy On Small And Medium Scale Enterprises In Nigeria
• Impact Of Naira Redesign On Curbing Electoral Malpractice In Nigeria
• Impact Of Naira Redesign In Curbing Banditry In Nigeria

• Economics Project Topics and Materials