This study investigates Stock Price Movements and the Value of firms in Nigeria using secondary data research design and pooled data study approach. Five firms were selected for the study between 2005 and 2015. Data were analysed using Ordinary Least Square (OLS) regression technique. Variables used were Shareholders’ Fund (dependent variable), Earnings Per Share, Dividend Per Share, and Return on Shareholders’ Funds. EPS shows a positive and significant relationship at Mobil Oil Nig Plc;...
In this study, the relationship between investment portfolio of banks and economic growth in Nigeria was examined. The work was designed to find out the structure and trend of bank investment portfolio in Nigeria and to establish the relationship between gross domestic product, unemployment rate, per capita income and bank investments in treasury bills, bonds and shares in Nigeria from 1985 to 2015. The desk research design was used and secondary data obtained from the Central Bank of Niger...
This study examines the causal relationship between stock market performance and economic growth in Nigeria for the period 1987 -2014, using annual secondary data. Economic growth is proxied by gross domestic product (GDP) while capital market performance is measured by market capitalization, total new issues, volume of transaction and listed equities. The objective is to empirically analyze, using link between capital market performance and economic growth (i.e. whether stock market perfor...