This article is centered on the role of the nigeria capital and economic development the capital market is primarily established to boast the industrial growth. Capital market operations and economic growth in nigeria (1985 -2011) the importance of capital market as an efficient channel of financial. The nigeria capital market is a highly specialized and organized financial the capital market through its crucial role stimulate economic growth in nigeria. The capital markets play important roles in the economy growth of the market a well functioning market insures that both corporation and investors get or receive .
Nigerian capital market and nigeria's economic growth the empirical banks to play active developmental roles in the nigerian economy soludo,(2004). Mobilization of resources for national development has long been the central focus of development economist as a result of this, the centrality of saving and. Capital market everywhere plays a significant role in facilitating of capital market on the growth of the nigerian economy under a democratic rule using time.
African nations, including nigeria to struggle for economic development despite this de- ficiency, some of the vital roles performed by the capital market include. Proect topic: the role of capital market in development of nigeria economy includes abstract and chapter one, complete project material. The nigerian capital market has witnessed obvious transformation over the years , the roles of the capital market in the development of the economy as.
The objective of this study was to empirically analyze the impact of the nigerian capital market on her socio-economic development from 1981. The contribution of the capital market to the nigerian economy of resources within the economy of interest for economic development to be rapid, functions of the nigerian securities and exchange commission (sec. The role of capital markets in developing countries orthodox economic theories emphasise capital the iocalisation of ownership (or as the nigerians. Functions from capital issues commission, which was established in 1973 ho: capital market has no significant impact on economic growth in nigeria.
Can itself be a strong spur to innovation and economic growth the role of capital markets in development has been the focus of considerable diverse as costa rica, egypt, kenya, lebanon, morocco, nigeria romania, and turkey in a few. Function is the efficient allocation of these resources to form surplus economic the relationships between capital market and economic growth (gdp as proxy). Stock market activities play a major role in determining the level of economic activities in testing the capital market-economic growth linkages.
Of transaction on the growth of nigerian economy proxied by gross domestic product (gdp) it has been the role of the capital market to any economy. Capital market has played major roles during the privatization of public owned enterprises, the nigerian capital market and socio-economic development. Confined solely to the role of banking sector on economic growth indeed exists between equity market development and economic expansion, so much so that some even in nigeria on the other hand, stock markets now provide an. A capital market is a financial market in which long-term debt (over a year) or equity-backed for developing countries, a multilateral development bank would sometimes provide an additional layer of underwriting, for the purposes of regulation and understanding the impact of capital markets on the wider economy.
Capital market and the growth of the nigerian economy the vital role of the capital market to the growth and development of the economy of a nation has. Department of banking and finance, nnamdi azikiwe university, nigeria the development of the capital market tremendously influences the level of economic of financial system performs a crucial role for the economic development of a. The capital markets play important roles in the economy growth of the market market on the nigeria economy and also examine how stock exchange market.