The study looked at how changes in exchange rates affect prices in Nigeria. They used a special model to analyze data from 2000 to 2013. The results showed that exchange rate changes don't have a big impact on prices. Instead, prices mostly go up because of other reasons like money supply. To keep prices stable, it's important for Nigeria to have a good monetary policy with low inflation. This way, the Central Bank of Nigeria can focus on things like growth and making exports competitive, rather than worrying too much about how exchange rates affect prices.