ABSTRACT
This study attempt to examine the roles of the Nigeria stock exchange in the growth and development of Nigeria economic. The Nigeria stock exchange in spite of its development and nature and other limiting factors that has contributed immensely in the development of the economic. Based on the data collected and tested hypothesis using the person product moment correlation the result shows that their his a significant relationship between the market capitalization of the Nigeria stock exchanges and goods domestic product on one land , and no significant relationship between the size of the Nigerian stock exchange and the industrial production (growth rate ). Reason and recommendation were made to strengthen the role of the Nigeria stock exchange with the arm of making it relevant and effective economy. Some of the recommendations are: The regulatory body should step up their role in the monitoring the activities of the operation of the market, the government should initiate policies that will promote and develop the exchange.
TABLE OF CONTENTS
Title i
Approval ii
Dedication iii
Acknowledgement iv
Table of contents v
Abstract viii
CHAPTER ONE - Introduction
1.1 Background of the study 1
1.2 Statement of the study 2
1.3 Purpose of study 3
1.4 Research question 3
1.5 Significance of study 4
1.6 Scope of study 5
1.7 Limitation of study 5
1.8 Operational definition of terms 6
CHAPTER TWO - Review of Related Literature
2.1 The Nigerian Financial Market – Defined 8
2.2 The Nigerian Stock Exchange in its Perspective 10
2.3 Dealing in Nigerian Stock Exchange 13
2.4 The Central Securities Clearing System 15
2.5 The Securities and Exchange Commission 17
2.6 Nigerian Stock Exchange and Economic Development 19
2.7 Privatization and Commercialization Progremme 20
2.8 Problems of the Nigerian Stock Exchange 21
2.9 Prospect of the Nigerian Stock Exchange 22
CHAPTER THREE - Research methodology
3.1 Introduction 23
3.2 Research design 23
3.3 Area of the study 23
3.4 Sampling procedures 23
3.5 Sampling size 24
3.6 Research instrument 24
3.7 Reliability of the Instrument 24
3.8 Validity of the Research Instrument 25
3.9 Data collection Method 25
3.10 Method of data analysis 25
CHAPTER FOUR - Presentation and Data Analysis
4.1 Introduction 26
4.2 Data presentation 26
4.3 Testing of hypotheses 29
4.4 Data Analysis and Interpretation of Result 34
CHAPTER FIVE - Summary, Conclusion and Recommendations
5.1 Summary 40
5.2 Conclusion 42
5.3 Recommendations 42
References 44
Appendix 46
Questionnaire 47
