THE CONTRIBUTION OF CAPITAL MARKET TO THE NIGERIAN ECONOMY
(APPRAISAL OF NIGERIAN CAPITAL MARKET)
NUMBERS PAGES: 60 RESEARCH TYPE:- PROJECT AMOUNT :- ₦2500
CHAPTER ONE: INTRODUCTION
1.1 BACKGROUND OF THE STUDY
Before the introduction of money into the economy, buying and selling were done in terms of exchange of goods and services which is known as the barter economy. Savings then was in terms of real commodities and therefore had its shortcomings. Such shortcoming include the risk of damages to commodities being shored, coincidence of want, measurement problems etc.
With the introduction of money in one form or another, money has been playing and will continue to play a vital role in the process of economic growth and development.
It has been generally accepted that a developed financial system is always at the center in any economy and is the framework within which capital formation takes place.
This process is made possible by intermediation of financial institutions like banks and non-banking financial institutions.
The intermediation provides the efficient systems of mobilizing and allocating available resources for productive investment in the economy. The activities of this intermediation of financial institutions are carried out in the market known as financial market which is further divided into two, the money market and the capital market. The capital market is the long term end for financial market. Capital market is the subject matter of this project study.
The contribution of the capital market as a tool for development in the Nigerian economy was recognized and mentioned by Mr. Fisher in his report on the advisability on the establishment of Central Bank in Nigeria whe he wrote that: He could not imagine how a Central Bank could operate efficiently where money and capital markets do not exist or totally underdeveloped. To ensure that capital is efficiently allocated between competing ends and also to channel savings into investment for economic growth and development, it is important to develop a well conducted capital market within the financial framework.
The development of capital markets dates back to 1946 when the first government securities were floated. The first institutional facilities came into existence between 1959 and 1961 with the aim of proving funds for industries and governments to meet long –term capital requirements. Such as financing for fixed investments –building, plants, bridges etc to contribute to the Nation’s development.
TABLE OF CONTENTS
Title page i
Approval page ii
Table of contents vi
CHAPTER ONE: Introduction
1.1 background of the study
1.2 Statement of the study the problem
1.3 Objectives of the study
1.4 Scope and limitation of studies
1.5 Research questions
1.6 Significance of the study
1.7 Definition of terms
CHAPTER TWO: LITERATURE REVIEW
2.1 Literature review
2.2 Types of capital market
2.3 Stock exchange market
2.4 Functions of Nigerian stock Exchange
2.5 Listing requirements of the Nigeria security exchange
2.6 Security and exchange commission
2.7 The second-tier security market
2.8 Recent trends in the capital market
2.9 The prospect for the future
2.10 Appraisal of Nigerian capital market
CHAPTER THREE: RESEARCH METHODOLOGY
3.1 Research population and sample
3.2 Research design and approach
3.3 Method of data collection
3.4 Administration of data analysis
3.5 Method of data analysis
3.6 Problems of methodology
CHAPTER FOUR: DATA PRESENTATION AND ANALYSIS
4.2 Data presentation
4.2 Data analysis
4.3 Interpretation of data or discussion of finding
CHAPTER FIVE: SUMMARY OF FINDINGS
5.1 Summary of findings