This study examines the impact of Capital Market performance on economic
growth of Nigeria for the period 1983 – 2010. Economic growth was proxied by
gross domestic product while capital market performance was measured by
market capitalization, total new issues, volume of transaction and listed
equities. Data was collected using secondary source of data only. The technique
employed was multiple regression as tool of analysis for the study. The findings
of the study shows that the capital market performance has positively and
significantly impacted on the Nigerian economy within the period of the study
(1983- 2010). The study therefore, recommends among others that the Central
Bank of Nigeria (CBN), the Nigerian Stock Exchange (NSE) and Security and
Exchange Commission (SEC) should ensure free flow of information in the
market. This is necessary in order to attract more investors and increase new
issues which will automatically increase the quantum of market capitalization
that will result in improving the performance of the Nigerian capital market.
Oni, S. (2021). IMPACT OF CAPITAL MARKET PERFORMANCE ON ECONOMIC GROWTH IN NIGERIA. Afribary. Retrieved from https://afribary.com/works/impact-of-capital-market-performance-on-economic-growth-in-nigeria
Oni, Shola "IMPACT OF CAPITAL MARKET PERFORMANCE ON ECONOMIC GROWTH IN NIGERIA" Afribary. Afribary, 02 Aug. 2021, https://afribary.com/works/impact-of-capital-market-performance-on-economic-growth-in-nigeria. Accessed 22 Jan. 2022.
Oni, Shola . "IMPACT OF CAPITAL MARKET PERFORMANCE ON ECONOMIC GROWTH IN NIGERIA". Afribary, Afribary, 02 Aug. 2021. Web. 22 Jan. 2022. < https://afribary.com/works/impact-of-capital-market-performance-on-economic-growth-in-nigeria >.
Oni, Shola . "IMPACT OF CAPITAL MARKET PERFORMANCE ON ECONOMIC GROWTH IN NIGERIA" Afribary (2021). Accessed January 22, 2022. https://afribary.com/works/impact-of-capital-market-performance-on-economic-growth-in-nigeria