The adoption of the International Monetary Fund (IMF) Structural Adjustment Programme (SAP) in 1986 resulted in the transition from fixed exchange rate regime to floating exchange rate regime in Nigeria. Ever since, the exchange rate of naira vis-à-vis the U.S dollar has attained varying rates...

The study investigated the causal relationship between FDI, exchange rate and financial market development using quarterly data from Nigeria. This was with a view to determine whether there existed any significant causal nexus was from FDI exchange rate to financial market development or the...