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The impact of Nigeria stock exchange in the economic development of Nigeria

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Abstract

Many developing countries including now regard rapid industrialization as one of their major economic growth. The project work concentrated on the impact of the Nigerian stock exchange in the economic development of Nigeria. Therefore it has become imperative for capital deficient countries to establish an institutional framework that will enhance the mobilization of savings. In carrying out this research attention was focused on some areas like the functions and change in the Nigerian Stock Exchange. Both primary and secondary sources of data were used. Primary data is the data collected through the administration of mail questionnaires. While secondary data is the data collected from textbooks, and journals, etc. the total number of 20 questionnaires were retrieved from 40 administered. Tables are used to analyze the data. Based on the findings it was recommended that government should bring out policies that will enhance the activities of the Nigerian stock exchange.

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