The nigerian capital market which commenced operation formally in 1962 was established in 1960 when the lagos stock exchange were incorporated up-to-date, the capital market exerts tremendous effect on nigeria economic growth and development. Growth of the nigerian economy: a cointegration approach godwin chigozie okpara abstract-this study investigated the impact of the capital market performance on the growth of adelegan 2003) ukeje, kama and eluemenor (2007) noted the nigeria economy to carry out this investigation, the researcher used the real gross. To ascertain the effect of the stock market variables on economic growth in nigeria 2 to determine the impact between the all share index of the capital market and the economic growth in nigeria 3 to examine the impact between stock market capitalisation and economic growth in nigeria.
14 significance of the study the study explored the impact or effectiveness of capital market instruments on nigerian economic growth though the scope of the study was limited to the capital market, it is hoped that the exploration of this market will provide a broad view of the operations of the capital market. The effect of stock market on economic growth in nigeria associated with investment may impact on savings rate, but the extent and the direction remain ambiguous this is because it is a cmi = capital market index proxy by growth of market capitalization (g lmcap), new issues. Impact of capital market on economic growth using annual data of 1981 to 2010 employing the ordinary least square test and vector auto nigerian capital market to the growth of its economy but specifically looking at the relationships between capital market development. Capital market sustained capitalization on the nigeria’s economic growth is the main issue of discussion in this paper many researchers have focused on financial sector reforms and economic growth.
This study attempts to investigate the performance of the nigeria capital market and the growth of nigerian economy from 1986-2005 data on stocks were modeled to test for the relationship between market capitalization, the number of stock traded in the capital market and development in the economy (gdp. Paper is to evaluate the impact of growth in capital market on economic growth in nigeria using regression analysis on annual data from 1981 to 2012 the results provide evidence to show that the capital market has significant positive impact on. Chapter two (2) is the literature review of the impact of capital market on the economic growth of nigeria chapter three (3) forms the research methodology which includes introduction, research design, population of the study, data analysis and model specification.
This study, impact of nigeria capital market on economic growth contains concise information that will serve as a framework or guide for your project work the project study is well-researched for academic purposes and are usually provided in complete chapters with adequate references. Impact of money market on economic growth of nigeria the government agencies, financial institution and non-financial business enterprises need to obtain funds to finance their activities this money is often obtained from the financial market. Keywords: stock market, economic growth, nigeria 2 does stock market promote economic growth in nigeria abstract the stock market is a common feature of a modern economy and it is reputed to perform money and capital markets (samuel, 1996 demirguc-kunt and levine, 1996) this is however.
(var) to examine the impact of capital market activities on economic growth in nigeria, acknowledging the role of capital market in the mobilization of long-term funds for economic development as well as to identify the key capital market variable(s) fundamental to economic. Stock market development: its impact on the economic growth in nigeria in examining the relationship between stock market development and economic growth, it is important that we throw light on some key concepts that will enhance a better understanding of the study. Growth in nigeria, both total insurance penetration and non-life insurance penetration had positive but insignificant impact on economic growth in nigeria under the period of this study the study therefore recommends among others, that for the insurance industry in nigeria to exert.
Liberalization of capital market led to the growth of the nigerian capital market, yet its impact at the macro-economy was negligible again, the capital market was instrumental to. The role of the capital market in the economy this writing has sought to demonstrate an important role played by capital market in economic growth and development capital market enhances efficient financial intermediation & adaramola, a o (2012) the impact of the nigerian capital market on economic growth (1990-2010.
Capital market is an engine of economic growth and development globally, nigeria inclusive capital market is made up of markets and institutions which facilitate the issuance and secondary trading of long-term financial instrument. The impact of capital market on the economic growth of nigeria chapter one 10 introduction 11 background of the study the capital market is a highly specialized and organized financial market and indeed essential agent of economic growth because of its ability to facilitate and mobilize saving and investment. Explore the impact of capital market development on nigeria‟s economic growth from the demand-following argument that it is the growth of the nigerian economy that has promoted the development of the capital market. 1 6 17 scope of the study the scope of this research work will be limited to the impact of the capital market on the economic growth of nigeria spanning from 2000-2010 the period under review was the era where the financial crises hit the global market and nigeria inclusive.