Impact of Capital Market Development on Economic Growth in Nigeria
Banking and Finance — 2025, Undergraduate
This study examined the impact of capital market development on economic growth in Nigeria. Time series data on market capitalisation, value of shares traded, and gross domestic product were analysed together with questionnaire responses from market operators. Data were analysed using regression and correlation techniques. The findings revealed that market capitalisation and trading activity significantly supported long-run economic growth through enhanced capital mobilisation and corporate investment. The study observed that low market depth and retail participation limited the market's contribution. It recommends market modernisation, investor confidence-building, and expansion of the issuer base.
Preview — first 10 pages
Report a problem with this project
More from Banking and Finance
- Effect of Securitisation on the Liquidity of Financial Institutions in Nigeria
- Impact of Financial System Regulation on the Stability of the Nigerian Banking Industry
- Assessment of Derivative Instruments Usage on Risk Hedging by Nigerian Firms
- Influence of Deposit Insurance on Depositor Confidence in the Nigerian Financial System