1.[1-9]External Reserves Management and Economic Development in Nigeria (1980-2008)

European Journal of Business and Management www. iiste. org ISSN 2222-1905 (Paper) ISSN 2222-2839 (Online) Vol 3, No. 11, 2011 1 | P a g e www. iiste. org External Reserves Management and Economic Development in Nigeria (1980-2008) Alasan AbdulazeezB... More

European Journal of Business and Management www. iiste. org ISSN 2222-1905 (Paper) ISSN 2222-2839 (Online) Vol 3, No. 11, 2011 1 | P a g e www. iiste. org External Reserves Management and Economic Development in Nigeria (1980-2008) Alasan AbdulazeezB (Corresponding Author) Dept. of Humanities and Social Sciences, School of General Studies, Federal Polytechnic, Auchi, P. M. B 13, Nigeria. Tel: +2348038679900 E-mail: alasanbabdulazeez@yahoo. com Shaib Ismail Omade Dep. of Statistics, School of Information and Communication Technology, Federal Polytechnic, Auchi, P. M. B 13, Nigeria. Tel: +2347032808765 E-mail: shaibismail@yahoo. com Abstract External reserves which are variously called International Reserves, Foreign Reserve or Foreign Exchange Reserves. In recent years, issues related to the management of external reserves have gained prominence, and reserves management practices have evolved rapidly. Effective management of foreign exchange reserves is one of the major macroecono Less