This project focused on the structure, operation and impact of nigerian stock exchange on nigerian economy the nigerian financial market ware considered the market which consists of the money market and capital market the nigerian capital market was examined together with the roles and reasons for its establishment. Many studies in nigeria revealed that the role of stock market has a positive impact on economic development and growths most of the studies noted that nigerian stock exchange market encourage economic growth (olofin and. Nigerian stock exchange equities market rebounds as nse index up by 011% the equities market on the nigerian stock exchange, nse on thursday turned positive, as the all share index, asi inched. According to akamiokhor (1984) and ogunmike and omole (1997), the nigerian stock exchange itself is a self-regulatory organization however, besides its self-regulatory actions, the regulation of the nigerian stock market is achieved through the operations of the securities and exchange commission (sec.
Effects of the use of ict on pharmaceutical product marketing in nigeria 1 h olubunmi aderemi, 2 i ayodele ojediran, listed on the nigerian stock exchange impact of ict on pharmaceutical product marketing in southwest nigeria. The naira (nigerian currency, n) exchange rate witnessed a continuous slide in all the segments of the foreign exchange market (that is, official, bureau de change and parallel markets. Traders on the floor of the nigerian stock exchange: most african exchanges are still small and dominated by just a few large companies.
Impact on the growth of nigerian economy while inflation rate, money supply and stock traded turnover which gdp (in percentage), the ratio of total value of transactions on the main stock exchange to gdp (in percentage), an empirical analysis of the impact of stock market development on the nigerian economy. On december 2nd 1977, the memorandum and article of association creating the lagos stock exchange was transformed into the nigerian stock exchange, with branches in lagos, kaduna, port-harcourt, yola and now in federal capital territory (fct) abuja some other cities. Tag archives: lagos state) 200 an appraisal of the impact of information technology on the nigerian stock exchange 201 an approach to the cloning of pentium iv computer system 202.
The objective of this study is to empirically find the effect of cash conversion cycle on corporate profitability of the ict firms listed on the floor of the nigerian stock exchange data are collected from all the listed firms from 2010 to 2014 the data are analyzed using multiple linear regression analysis and the robustness check shows that the data are normal. Analysis of macroeconomic aggregates on stock prices in nigeria: an application of co-integration and causality tests 1985 – 2011 the nigerian stock exchange, discount houses, investment banks, stock broking firms, a lot of factors exert some impact on stock prices in the market which include interest rate, inflation rate, money. Chapter one 11 background of the study nigeria has a formal and active capital market before 1961, almost all formal savings and deposits went through the banking system while the then colonial masters invested major capital balances for the country on the london stock exchange. The impact of global financial crisis on the nigerian stock exchange for the period of 2008 to 2011 using the ordinary least squares method of analysis, it was found that.
The nigerian stock market was not popular during military rule that was the time when very few wealthy people took advantage of benefits of the sector majority of nigerians were unaware of the capital market with the advent of democracy radial. Impact of ict on the transaction capacities of the capital markets, which form the basis of stock market influences on the various indices of research interests in the previous studies particularly in africa. The nigeria stock exchange list of companies, daily price list and share prices sorted alphabetically mr roberts u orya, the md/ceo of the nigerian export-import bank (nexim) elected as the honorary president of the global network of export-import banks and development finance institutions (g-nexid. For example, a comparison of the nigerian stock market in terms of number of listed equities reveals that while nigeria has only 214 equities listed in 2005, even though its stock exchange was established in 1960, singapore has over 500 (established in 1979), hong kong 695 (established in 1986) and istanbul over 900 (established in 1986.
The main institutions are the securities and exchange commission (sec) which is the apex regulatory body, the nigerian stock exchange kuwait chapter of arabian journal of business and management review vol 2, no6 feb 2013. International oil prices and exchange rate in nigeria: a causality analysis emmanuel osuji (msc) (ict) products as well as military equipment igberaese, (2013) did a study on the impact of oil prices on nigeria’s economic growth and found out that oil prices significantly impacted growth specifically, in the short run,. Florence seriki the nigerian technology impact group (nitig), a not for profit non-governmental organisation, has received with a rude shock the death of mrs florence omatule seriki, ceo omatek venture plc who passed on at age 53 on friday, march 3 at the lagos university teaching hospital (luth) after a protracted battle with cancer.