This study investigates the dynamic relationship between exchange rate volatility and foreign private investment in Nigeria from 1980 to 2011. The rational for this study is the realization that a viable exchange rate regime that is stable and predictable presents rich vista for inflow of foreign investment. We employed the Error Correction Model (ECM) after a battery of preliminary investigations which include the Augmented Dickey Fuller (ADF) test for stationarity and the Engle and Granger two-step cointegration procedure. Our finding include among other things that; exchange rate volatility has a very weak effect on the inflow of Foreign Direct Investment (FDI) to Nigeria, both in the long run and in the short run and that exchange rate volatility has a weak effect on foreign portfolio investment in the short run but a strong positive effect in the long run. Based on our findings, an array of recommendation were made, which include the need for policy makers to develop sound exchange rate management system in the country, inter alia.

This study examines the relationship between environmental responsibility and financial performance of international oil companies in Niger Delta region of Nigeria. In pursuance of this, a sample of twelve (12) international oil firms was used for the study. Secondary data were obtained from the audited annual financial reports of the selected companies and Federal Ministry of Environment covering the period of 2009 to 2018. The data were analysed using descriptive statistics, correlation analysis, panel causality test and fixed effect, selected as the appropriate strategy after using the Hausman test. Based on the data analysis, the study reveals that there is a bi-directional relationship between environmental responsibility and firms’ financial performance. The study further reveals that there is a positive relationship between environmental responsibility and firms’ financial performance. When environmental responsibility interacts with corporate governance, the impact is found to have a significant positive relationship with firms’ financial performance. The study also finds that growth opportunities and firm size are positively and significantly related to firms’ financial performance. Based on the findings, the study recommends effective regulation, strong institutional mechanism and good corporate governance structures to enforce or engender environmental sustainability and compel firms to adopt the culture/strategy of sustainable finance. Such strategy will alleviate the curse of dependency and poverty that comes with the destruction of the environment and the means of sustenance of the people in oil producing communities.