THE CAPITAL MARKET AND ITS IMPACT ON THE NIGERIAN ECONOMY WITH PARTICULAR EMPHASIS THE STOCK EXCHANGE

ABSTRACT This project is designed to study “the capital market and its impact on the Nigerian economy with particular emphasis on the stock exchange. In most developing countries, the establishment and efficient operation of capital market has come to be accepted as an important prerequisite for rapid economic development consequently, Nigerian government is in haste by participating in the establishment and even continuously intervening in the operation of the capital market to achieve the country’s macro-economic objectives. It is revealed that government intervention in form of Acts, policies and regulatory control have contributed immensely to the development and expansion of the market and that the market could be a force to be reckoned with in terms of provision of long-term capital for the co-operate bodies and the government in Nigerian; but because of some problems inherent in the market, it has not fully realized its Primary role as the prime mover of the economy and for stimulating economic growth and development if the country continue to develop economically and with the implementation of suggestion put forward in the study.
TABLE OF CONTENTS Titlei Approvedii Dedicationiii Acknowledgementiv Abstractv Table of contentsvi
CHAPTER ONE1 1.0Introduction1 1.1General Background to the subject matter1 1.2Problems Associated with the subject matter5 1.3Problems that the study will be concerned with5 1.4Scope and limitation of the study6 1.5Definition of important terms7 Reference9
CHAPTER TWO10 2.0Literature Review10 2.1The origin of the subject area10 2.2School of thought within subject area12 2.3The school of thought relevant to the problem of study13 2.4Functions of stock exchange14
CHAPTER THREE17 3.1Sources of Data17 3.2Analysis of the data18 3.3Summary of findings20 3.4Recommendations21 References23 Bibliography24