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ABSTRACT
This research work examines the impact of monetary policy on foreign trade in Nigeria. The research made use of secondary data from the Central Bank of Nigeria Statistical bulletin. The data was collected fo a period of 19 years (2003-2021). The study employed quantitative analysis approach. The variables considered appropriate indices for monetary policy were money policy rate, interest rate, inflation rate and exchange rate. The results were analysed using the statistical method which involves the use of descriptive and correlation analysis while the econometric method involves the use of Ordinary Least Squared (OLS) technique. Based on the findings, the study concluded thata clear-out and obvious relationship existed between monetary policy and foreign trade in Nigeria and thus, recommended for conscious efforts to be made to fine-tune the various monetary variables in order to provide an enabling environment to stimulate foreign trade.
