Download Tag: STOCK MARKET


ECONOMIC GROWTH AND STOCK MARKET DEVELOPMENT IN NIGERIA

ABSTRACT             The pivot of this study is an investigation into the causality between economic growth and stock market in Nigeria, one should note that although this study has been carried out in other countries, it is a relatively virgin ground for research in Nigeria. In order to successfully carry out this research, secondary data were used. The source for secondary data includes the use of textbooks, journals, use of ...

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THE ROLE OF STOCK MARKET IN THE GROWTH OF THE NIGERIAN ECONOMY

CHAPTER ONE INTRODUCTION 1.1     BACKGROUND TO THE STUDY Primarily, a stock market is the place where companies can raise money to make their businesses bigger and better. Companies raise money by selling shares or stocks to investors. At the same time, the stock market gives investors an opportunity to invest in these companies and benefit from any profit they can make. A stock market can also be called a capital ...

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AN EMPIRICAL ANALYSIS ON THE IMPACT OF STOCK MARKET ON THE NIGERIAN ECONOMIC DEVELOPMENT (1986-2013)

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 1986-2013. The econometric methodology adopted is the Ordinary Least square method (OLS). Using the ...

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AN ANALYSIS OF THE ECONOMIC IMPACT OF STOCK MARKET ON NIGERIA ECONOMY (1986-2010)

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 ...

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THE ROLE OF THE STOCK MARKET IN THE GROWTH OF THE NIGERIAN ECONOMY

ABSTRACT This study is motivated primarily by the need to enhance capital accumulation from the stock market, being the long term end of the financial system. The efficiency of the stock market is measured using a number of well- known empirical tests. The results indicate that the stock market indeed contributes to economic growth as all variables conformed to expectations with R2 as 0.96 and adjusted R2 as 0.956. There ...

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THE ROLE OF STOCK MARKET IN THE GROWTH OF NIGERIAN ECONOMY (1980-2010)

ABSTRACT This study attempts to investigate the Role of the Stock Market in the Growth of the Nigerian Economy spanning through 1980 – 2010. The broad objective of this work is to ascertain the role of the stock market in output growth in Nigeria using Market Capitalization as a proxy for the stock market taking cognizance of some intervening variables. This was evaluated using OLS Method. It was observed that ...

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THE ROLE OF STOCK MARKET IN THE GROWTH OF NIGERIAN ECONOMY (1980-2010)

ABSTRACT This study attempts to investigate the Role of the Stock Market in the Growth of the Nigerian Economy spanning through 1980 – 2010. The broad objective of this work is to ascertain the role of the stock market in output growth in Nigeria using Market Capitalization as a proxy for the stock market taking cognizance of some intervening variables. This was evaluated using OLS Method. It was observed that ...

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AN ANALYSIS OF THE ECONOMIC IMPACT OF STOCK MARKET ON NIGERIAN ECONOMY (1986-2010)

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 ...

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AN ANALYSIS OF THE ECONOMIC IMPACT OF STOCK MARKET ON NIGERIAN ECONOMY

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 ...

Read more

AN ANALYSIS OF THE ECONOMIC IMPACT OF STOCK MARKET ON NIGERIAN ECONOMY (1986-2010)

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 ...

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STOCK MARKET AND MACROECONOMIC INDICATORS: EVIDENCE FROM NIGERIA

ABSTRACT This study examines the relationships between stock market capitalization rate and interest rate. Time series data obtained from Central Bank of Nigeria (CBN) and Nigeria Stock Exchange (NSE) were analyzed using regression. Results showed that the prevailing interest rate exerts positive influence on stock market capitalization rate. Government development stock rate exerts negative influence on stock market capitalization rate and Prevailing interest rate exerts negative influence on government development ...

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THE IMPACT OF STOCK MARKET PERFORMANCE ON THE ECONOMY OF NIGERIA

CHAPTER ONE INTRODUCTION 1.1     BACKGROUND TO THE STUDY Primarily, a stock market is a place where companies can raise money to make their businesses bigger and better. Companies raise money by selling shares or stocks to investors. At the same time, the stock market gives investors an opportunity to invest in these companies and benefit from any profit they can make. A stock market can also be called a capital ...

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