Download Tag: ECONOMIC IMPACT

CHAPTER ONE INTRODUCTION 1.1  BACKGROUND TO THE STUDY Sharnna and Sadana (2014) defined local government as a statutory authority in a specified local area, having the power to raise revenue through taxes for the performance of local services such as sanitation, education, water supply and electricity. Precisely they see local government as authority constituted by the elected representatives of local people, which enjoys autonomy from state or central control sufficient ...

CHAPTER ONE 1.1 BACKGROUND OF STUDY The stock market is supposed to play an important role in the economy in that it mobilizes domestic resources and channeling them towards productive investments. However, to fulfill this role, it must have a significant relationship with the economy. The stock market development in Nigeria, as in other developing countries has been driven by the government. Long before the creation of the stock market ...

CHAPTER ONE 1.0 INTRODUCTION 1.1   BACKGROUND OF THE STUDY The stock market is supposed to play an important role in the economy in the sense that it mobilizes domestic resources and channels them to productive investments. However, to perform this role it must have significant relationship with the economy. The development of stock market in Nigeria, as in other developing countries has been induced by the government. Though prior to ...

ABSTRACT A major engine of economic growth and development of any nation is the stock market. It impacts positively on the economy by providing financial resources through its intermediation process for financing long term projects. These projects could be promoted by governments or private institutions. The analysis scope covered a period of twenty-five years spanning from 1986-2010. The econometric methodology adopted is the Ordinary Least square method (OLS). Using the ...

CHAPTER ONE 1.0 INTRODUCTION 1.1   BACKGROUND OF THE STUDY The stock market is supposed to play an important role in the economy in the sense that it mobilizes domestic resources and channels them to productive investments. However, to perform this role it must have significant relationship with the economy. The development of stock market in Nigeria, as in other developing countries has been induced by the government. Though prior to ...