Stock Market and Economy of Nigeria

Masters
Research Paper
Miscellaneous
Pages 10 (2510 words)
Download 0
A strong financial sector in any economy is one basic asset that largely steer the economic growth of an economy. Many experts have re-confirmed this by setting and establishing the relationship. Financial sector will have to include a vibrant stock market which can attract foreign direct investment into the country can to a large extent steer an economy to greater heights…

Introduction

Several effects of financial and stock market development on gross National product, Gross domestic development and Employment rate shall be used to establish the relationship.
Excluding South Africa, Nigeria has the largest economy in sub-Sahara Africa. In the last two decades ,there has been no progress made in alleviating poverty, expanding and enhancing economic development despite the massive effort made and the many programmes established for that purpose's growth pattern of the Nigerian economy has been quite sluggish over the last two decades. The level of poverty is further exuberated by the pandemic of inequality.
The economic performance has had a mixture as the macro-economy environment has witnessed positive and negative influences. Even though several programmes have been aimed at consolidating the arrangement for private sector -led economic growth and government demonstrated a commitment to implementing the privatization programme and improving major infrastructure, the realization of this goal could be met because of the disparity in monetary and fiscal policies.
There has been marked improvement in power supply and the privatization of the telecommunications sector among, stimulated economic activities. ...
Download paper
Not exactly what you need?

Related papers

Malaysian stock market
Using Duncan & Etebari's (1990) method, an initial sample of five securities firms in the KLSE which posted the largest price gains for each of the 49 trading weeks of 2005 will be obtained, all of which were queried by the KLSE during the same period as well. From the price data, initial raw returns will be calculated which in turn will be used to estimate average and cumulative average returns.…
Stock Market and Economy of Nigeria
Several effects of financial and stock market development on gross National product, Gross domestic development and Employment rate shall be used to establish the relationship.…
STOCK MARKET EFFICIENCY
Generally it is assumed that it is not necessary for everyone in a financial market to be well informed about a security and also that all the participants should have the ability to perceive, analyse and use the information to their advantage. All the efficient market requires is that a few people have the information and based on the information of the few people, the entire market will be well…
Stock Market Cycles
Although the political world affects the stock market in the short term the market recovers quickly.…
Stock Market
Gross Domestic Product is the total market value of all the final goods and services produced within a nation's borders in a given time period. Each goods and services produced and brought in the market have a price. The price of the total output is called as GDP. It can be measured by either cumulating all the income earned in the economy or all the spending in the economy and both measures…
Stock Market Anomalies
In finance, anomalies are market activities not in agreement with the forecasting of the efficient market hypothesis (EMH). In detail, these anomalies seem to breach premises of mean-variance ratio or no-arbitrage. If a multifarious adaptive scheme approach better depicts markets, the supposed anomalies investigators have keyed out may not be abnormal after all.…
Stock Market Essay
When it comes to the analysis of other factors, it becomes imperative for me to delve into the political and economic factors of Hong Kong in 1993 and Singapore in 1989.…