The impact of stock market performance on the growth of Nigeria economy Department:Economics By: muhalhq Project ID: 8236 Rating: (5.0) votes: 1 Price:₦5000 Get the Complete MaterialAbstractThis study examines the impact of stock market performance on Nigeria's economic growth. As the largest economy in Africa, Nigeria’s stock market has been a central focus for mobilizing savings and investments essential for national development. The principal aim is to explore the relationship between stock market indicators, such as market capitalization, value of stocks traded, and the All-Share Index and Nigeria’s economic growth, using real GDP as a proxy. The literature review highlights theoretical perspectives like the Endogenous Growth Theory, emphasizing the critical role of financial markets in economic development. The study adopts a quantitative research design, utilizing time series data from 1994 to 2022. A sample was drawn using secondary data from credible sources like the Central Bank of Nigeria. The methodology involves regression analysis and econometric techniques to evaluate the long-term impact of stock market performance on economic growth. Findings reveal that market capitalization and the number of deals have a positive relationship with GDP, while the value of stocks traded shows a negative correlation. The Johansen Co-integration Test confirms a long-run equilibrium relationship between stock market performance and economic growth. The study concludes that an efficient stock market positively contributes to Nigeria’s economic development. Recommendations include enhancing investor participation and policy reforms to further strengthen market performance....Preview Download Preview +Other Economics project topics and materials you might be interested in»The impact of industrialization on Nigeria's economic development»The impact of minimum wage fluctuation on growth of Nigerian economy»Population growth and economic development in Nigeria (1981-2011)»The impact of population growth on the Nigerian economy (1980-2010)»The impact of petroleum subsidy on the consumption of petroleum products in Nigeria»The impact of small and medium scale industries on the economic growth of Nigeria (1986 – 2010)»The impact of industrial output on the economy of Nigeria (1980-2010)»The growth of Nigerian economy and unemployment (1980-2010)»The effect of external debt on economic growth of Nigeria»Impact of government expenditure on Nigerian economic growth (1981 – 2010)»Poverty and the Nigerian economy»An assessment on the impact of industrialization on economic growth in Nigeria»The impact of external debt on Nigeria economy (1985-2011)»Inequality and taxation in Nigeria (1980-2010)»The impact of bank lending on the growth of small and medium business in Osun State