Capital Market Performance and Growth of Nigerian Economy 1990 – 2017

Beredugo, Kuluma Clement, Cookey, Boma Clement

Abstract


The objective of the study was to examine the effect of the Nigerian capital market performance on growth of Nigerian economy from 1990 to 2017. The study used quasi experimental research design approach. Data for the study are secondary in nature, and were collected from the World Bank Development Indicator and the Central Bank of Nigeria statistical bulletin between 1990 and 2017. The analytical method employed a multiple regression model using market capitalization, value of shock trade, number of listed securities, and interest spread as market performance indicators and growth of real gross domestic product for economic growth.  

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