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EVALUATION OF THE IMPACT OF INFLATION ON NIGERIA STOCK MARKET RETURNS

CHAPTER ONE INTRODUCTION 1.1      Background of the Study The stock market is a common feature of a modern economy and it is reputed to perform functions that promote the growth and development of the economy. The market is an economic institution; which promotes efficiency in capital formation and allocation. It enables governments and industry to raise long-term capital for financing new projects, and expanding and modernizing industrial and commercial concerns. Investment ...

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