{"id":6065,"date":"2024-03-16T16:35:02","date_gmt":"2024-03-16T16:35:02","guid":{"rendered":"https:\/\/seybold-report.com\/?page_id=6065"},"modified":"2024-03-16T16:43:27","modified_gmt":"2024-03-16T16:43:27","slug":"femi-olagundoye-2","status":"publish","type":"page","link":"https:\/\/seybold-report.com\/index.php\/femi-olagundoye-2\/","title":{"rendered":"Femi-Olagundoye"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"6065\" class=\"elementor elementor-6065\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b9c86ee elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b9c86ee\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-85897fb\" data-id=\"85897fb\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ce66818 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ce66818\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1954b8d\" data-id=\"1954b8d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-260e89e elementor-widget elementor-widget-text-editor\" data-id=\"260e89e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.18.0 - 20-12-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<h5><strong>TITLE:\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0<\/strong><\/h5><p><a href=\"https:\/\/seybold-report.com\/\"><strong>Exchange Rate Management and Agricultural Export Financing in Nigeria\u00a0<\/strong><\/a><\/p><p><strong>AUTHORS:\u00a0 \u00a0 \u00a0<\/strong><\/p><p><strong>Mercy Femi-Olagundoye; Ogboi Charles; Omosebi Tolulope<\/strong><\/p><p><strong>DOI<\/strong>:\u00a0 <a href=\"https:\/\/doi-ojs.org\/10-5110-77-1125\/\">10.5110\/77. 1125\u00a0<\/a> \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0\u00a0<strong>Page:\u00a0 \u00a0135-153<\/strong>\u00a0 \u00a0 \u00a0 \u00a0\u00a0<strong>\u00a0Vol:<\/strong> 19\u00a0 \u00a0 <strong>Issue:<\/strong> 03\u00a0 \u00a0<strong>Year:<\/strong> 2024<\/p><p><img decoding=\"async\" class=\"alignnone wp-image-3235\" src=\"https:\/\/seybold-report.com\/wp-content\/uploads\/2023\/10\/creative-commons-cc-character-785334-300x300.png\" alt=\"creative commons, cc, character-785334.jpg\" width=\"26\" height=\"26\" srcset=\"https:\/\/seybold-report.com\/wp-content\/uploads\/2023\/10\/creative-commons-cc-character-785334-300x300.png 300w, https:\/\/seybold-report.com\/wp-content\/uploads\/2023\/10\/creative-commons-cc-character-785334-1022x1024.png 1022w, https:\/\/seybold-report.com\/wp-content\/uploads\/2023\/10\/creative-commons-cc-character-785334-150x150.png 150w, https:\/\/seybold-report.com\/wp-content\/uploads\/2023\/10\/creative-commons-cc-character-785334-768x769.png 768w, https:\/\/seybold-report.com\/wp-content\/uploads\/2023\/10\/creative-commons-cc-character-785334.png 1278w\" sizes=\"(max-width: 26px) 100vw, 26px\" \/>\u00a0 \u00a0<img decoding=\"async\" class=\"alignnone size-medium wp-image-1242\" src=\"https:\/\/seybold-report.com\/wp-content\/uploads\/2023\/06\/kjk-e1687889230616-300x14.png\" alt=\"\" width=\"300\" height=\"14\" srcset=\"https:\/\/seybold-report.com\/wp-content\/uploads\/2023\/06\/kjk-e1687889230616-300x14.png 300w, https:\/\/seybold-report.com\/wp-content\/uploads\/2023\/06\/kjk-e1687889230616-768x36.png 768w, https:\/\/seybold-report.com\/wp-content\/uploads\/2023\/06\/kjk-e1687889230616.png 900w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p><p><strong>ABSTRACT<\/strong><\/p><p>The agricultural sector&#8217;s role in Nigeria&#8217;s economic development, employment generation, and food security is pivotal. Despite its importance, the sector encounters persistent challenges, particularly in obtaining sufficient financial resources for sustainable growth. One crucial challenge is the agricultural sector&#8217;s susceptibility to fluctuations in exchange rates, which can significantly impact the availability and cost of bank credit, ultimately affecting its ability to generate export revenue. In light of these issues, this study aimed to explore the relationship between exchange rate management and agricultural export financing in Nigeria. The study employed time series data covering exchange rates, interest rates, inflation, and agricultural export financing from 2000 to 2022, sourced from the Central Bank of Nigeria Statistical Bulletin. Fully Modified Ordinary Least Squares (FMOLS) methodology was adopted to address endogeneity concerns in the time series data, accounting for simultaneous relationships between variables. The study&#8217;s findings indicated that exchange rate management plays a significant role in determining agricultural export financing in Nigeria (\u03b21=0.0135; P=0.0045). Therefore, it is recommended that the Central Bank of Nigeria (CBN) adjusts interest rates to stabilize the Naira, as fluctuations in interest rates can impact the cost of borrowing for exporters. A currency depreciation accompanied by higher interest rates may increase the cost of agricultural financing.<\/p><p><a href=\"#_ednref1\" name=\"_edn1\"><\/a>\u00a0<strong>\u00a0<\/strong><strong>Keywords:<\/strong><\/p><p>Agriculture, exchange rate, financing, interest rate, management<\/p><p><a href=\"#\"><strong>Received<\/strong>:<\/a> 28 February 2024<\/p><p><a href=\"#\"><strong>Accepted:<\/strong><\/a> 11 March 2024<\/p><p><a href=\"#\"> <strong>Published:<\/strong><\/a> 17 March 2024<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-55fddcd elementor-widget elementor-widget-button\" data-id=\"55fddcd\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-md\" href=\"https:\/\/seybold-report.com\/wp-content\/uploads\/2024\/03\/Femi-Olagundoye.pdf\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-icon elementor-align-icon-left\">\n\t\t\t\t<i aria-hidden=\"true\" class=\"far fa-file-pdf\"><\/i>\t\t\t<\/span>\n\t\t\t\t\t\t<span class=\"elementor-button-text\">PDF<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2a0c036 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2a0c036\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-719748e\" data-id=\"719748e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4fdf032 elementor-widget elementor-widget-image\" data-id=\"4fdf032\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.18.0 - 20-12-2023 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/seybold-report.com\/wp-content\/uploads\/2023\/07\/ddds-e1688811920951-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail wp-image-2318\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>TITLE:\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Exchange Rate Management and Agricultural Export Financing in Nigeria\u00a0 AUTHORS:\u00a0 \u00a0 \u00a0 Mercy Femi-Olagundoye; Ogboi Charles; Omosebi Tolulope DOI:\u00a0 10.5110\/77. 1125\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0\u00a0Page:\u00a0 \u00a0135-153\u00a0 \u00a0 \u00a0 \u00a0\u00a0\u00a0Vol: 19\u00a0 \u00a0 Issue: 03\u00a0 \u00a0Year: 2024 \u00a0 \u00a0 ABSTRACT The agricultural sector&#8217;s role in Nigeria&#8217;s economic &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/seybold-report.com\/index.php\/femi-olagundoye-2\/\"> <span class=\"screen-reader-text\">Femi-Olagundoye<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"site-sidebar-layout":"no-sidebar","site-content-layout":"page-builder","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","footnotes":""},"class_list":["post-6065","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Femi-Olagundoye - Seybold Report Journal<\/title>\n<meta name=\"description\" content=\"Seybold Report Journal \u200bis an Interdisciplinary research journal in the fields of Business, Management, Entrepreneurship, Law, Computer Science &amp; Engineering, Agriculture &amp; its allied fields, and Economic sciences.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/seybold-report.com\/index.php\/femi-olagundoye-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Femi-Olagundoye - Seybold Report Journal\" \/>\n<meta property=\"og:description\" content=\"Seybold Report Journal \u200bis an Interdisciplinary research journal in the fields of Business, Management, Entrepreneurship, Law, Computer Science &amp; Engineering, Agriculture &amp; its allied fields, and Economic sciences.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/seybold-report.com\/index.php\/femi-olagundoye-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Seybold Report Journal\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-16T16:43:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/seybold-report.com\/wp-content\/uploads\/2023\/10\/creative-commons-cc-character-785334-300x300.png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/seybold-report.com\/index.php\/femi-olagundoye-2\/\",\"url\":\"https:\/\/seybold-report.com\/index.php\/femi-olagundoye-2\/\",\"name\":\"Femi-Olagundoye - Seybold Report Journal\",\"isPartOf\":{\"@id\":\"https:\/\/seybold-report.com\/#website\"},\"datePublished\":\"2024-03-16T16:35:02+00:00\",\"dateModified\":\"2024-03-16T16:43:27+00:00\",\"description\":\"Seybold Report Journal \u200bis an Interdisciplinary research journal in the fields of Business, Management, Entrepreneurship, Law, Computer Science & Engineering, Agriculture & its allied fields, and Economic sciences.\",\"breadcrumb\":{\"@id\":\"https:\/\/seybold-report.com\/index.php\/femi-olagundoye-2\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/seybold-report.com\/index.php\/femi-olagundoye-2\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/seybold-report.com\/index.php\/femi-olagundoye-2\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/seybold-report.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Femi-Olagundoye\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/seybold-report.com\/#website\",\"url\":\"https:\/\/seybold-report.com\/\",\"name\":\"Seybold Report Journal\",\"description\":\"Seybold Report Journal\",\"publisher\":{\"@id\":\"https:\/\/seybold-report.com\/#organization\"},\"alternateName\":\"Seybold Report Journal\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/seybold-report.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/seybold-report.com\/#organization\",\"name\":\"Seybold Publications\",\"alternateName\":\"Seybold Report Journal\",\"url\":\"https:\/\/seybold-report.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/seybold-report.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/seybold-report.com\/wp-content\/uploads\/2023\/07\/cropped-Screenshot-2022-12-27-112122.png\",\"contentUrl\":\"https:\/\/seybold-report.com\/wp-content\/uploads\/2023\/07\/cropped-Screenshot-2022-12-27-112122.png\",\"width\":485,\"height\":240,\"caption\":\"Seybold Publications\"},\"image\":{\"@id\":\"https:\/\/seybold-report.com\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Femi-Olagundoye - Seybold Report Journal","description":"Seybold Report Journal \u200bis an Interdisciplinary research journal in the fields of Business, Management, Entrepreneurship, Law, Computer Science & Engineering, Agriculture & its allied fields, and Economic sciences.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/seybold-report.com\/index.php\/femi-olagundoye-2\/","og_locale":"en_US","og_type":"article","og_title":"Femi-Olagundoye - Seybold Report Journal","og_description":"Seybold Report Journal \u200bis an Interdisciplinary research journal in the fields of Business, Management, Entrepreneurship, Law, Computer Science & Engineering, Agriculture & its allied fields, and Economic sciences.","og_url":"https:\/\/seybold-report.com\/index.php\/femi-olagundoye-2\/","og_site_name":"Seybold Report Journal","article_modified_time":"2024-03-16T16:43:27+00:00","og_image":[{"url":"https:\/\/seybold-report.com\/wp-content\/uploads\/2023\/10\/creative-commons-cc-character-785334-300x300.png"}],"twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/seybold-report.com\/index.php\/femi-olagundoye-2\/","url":"https:\/\/seybold-report.com\/index.php\/femi-olagundoye-2\/","name":"Femi-Olagundoye - Seybold Report Journal","isPartOf":{"@id":"https:\/\/seybold-report.com\/#website"},"datePublished":"2024-03-16T16:35:02+00:00","dateModified":"2024-03-16T16:43:27+00:00","description":"Seybold Report Journal \u200bis an Interdisciplinary research journal in the fields of Business, Management, Entrepreneurship, Law, Computer Science & Engineering, Agriculture & its allied fields, and Economic sciences.","breadcrumb":{"@id":"https:\/\/seybold-report.com\/index.php\/femi-olagundoye-2\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/seybold-report.com\/index.php\/femi-olagundoye-2\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/seybold-report.com\/index.php\/femi-olagundoye-2\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/seybold-report.com\/"},{"@type":"ListItem","position":2,"name":"Femi-Olagundoye"}]},{"@type":"WebSite","@id":"https:\/\/seybold-report.com\/#website","url":"https:\/\/seybold-report.com\/","name":"Seybold Report Journal","description":"Seybold Report Journal","publisher":{"@id":"https:\/\/seybold-report.com\/#organization"},"alternateName":"Seybold Report Journal","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/seybold-report.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/seybold-report.com\/#organization","name":"Seybold Publications","alternateName":"Seybold Report Journal","url":"https:\/\/seybold-report.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/seybold-report.com\/#\/schema\/logo\/image\/","url":"https:\/\/seybold-report.com\/wp-content\/uploads\/2023\/07\/cropped-Screenshot-2022-12-27-112122.png","contentUrl":"https:\/\/seybold-report.com\/wp-content\/uploads\/2023\/07\/cropped-Screenshot-2022-12-27-112122.png","width":485,"height":240,"caption":"Seybold Publications"},"image":{"@id":"https:\/\/seybold-report.com\/#\/schema\/logo\/image\/"}}]}},"_links":{"self":[{"href":"https:\/\/seybold-report.com\/index.php\/wp-json\/wp\/v2\/pages\/6065","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/seybold-report.com\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/seybold-report.com\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/seybold-report.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/seybold-report.com\/index.php\/wp-json\/wp\/v2\/comments?post=6065"}],"version-history":[{"count":36,"href":"https:\/\/seybold-report.com\/index.php\/wp-json\/wp\/v2\/pages\/6065\/revisions"}],"predecessor-version":[{"id":6115,"href":"https:\/\/seybold-report.com\/index.php\/wp-json\/wp\/v2\/pages\/6065\/revisions\/6115"}],"wp:attachment":[{"href":"https:\/\/seybold-report.com\/index.php\/wp-json\/wp\/v2\/media?parent=6065"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}