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This study was carried out on the effect of cryptocurrencies on the value of the Nigeria Naira. To achieve this, 6 significant research objectives were formulated. The survey design was adopted and the simple random sampling techniques were employed in this study. The population size comprise of staff of First Bank Plc. branches in Gwarinkpa, Abuja, FCT of Nigeria. In determining the sample size, the researcher conveniently selected 70 respondents while 55 were received and 50 were validated. Self-constructed and validated questionnaire was used for data collection. The collected and validated questionnaires were analyzed using frequency tables and percentage. The result of the findings reveals that cryptocurrencies can serve as a control variable to currency value of Nigeria. The findings also revealed that the efficiency of monetary policy does have a significant effect on Nigeria Naira. Furthermore, the study showed that cryptocurrency have a significant impact on the value of Nigeria Naira. In regard to the findings, the study recommends that central Bank of Nigeria should always monitor the economic situation of the society before knowing the direction the cryptocurrency will follow. Also balance of payment should always be checked so as known how to apply the cryptocurrency, and financial institutions should always be monitored by government through Central Bank in order to make their operations effective.
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This research is entitled ‘A Sociological Analysis of Fraud among Employees of Selected Commercial Banks in Kaduna Metropo...
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This research was carried out to find out the effect of cognitive behaviour therapy on intellectual achievement responsibility a...
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This research investigated the effects of GeoGebra and Web - Based Practice on attitude and performance in Coordinate Geometry a...
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This study examined the effect of monetary policy on the financial performance of deposit money banks in Nigeri...
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This study was carried out to examine challenges and prospect of the acquisition an...
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Erythrophleumivorense isused in traditional medicine for the treatment of convulsion, swellings, body pain and as emetic agents....
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The research topic of this study is “The role of financial statement in investment decisions” – a study of sel...
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Relationship between teachers‟ recruitment procedure and students‟ achievement in commerce among Federal Government Girls‟ Colle...
Background to the Study
When asked to define history, what comes to mind is a systematic and expository record of past e...
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This study was carried out in order to know the common difficulties encountered by students in chemistry