Securities and Exchange Market and the Nigerian Economy Adaptive Expectation Hypothesis 19902015

Securities and Exchange Market and the Nigerian Economy; Adaptive Expectation Hypothesis 1990-2015

Project / Seminar Material
Reference ID: PS-7429-TM

DEDICATION

This research material titled “Securities and Exchange Market and the Nigerian Economy; Adaptive Expectation Hypothesis 1990-2015” is dedicated to God for his enabling grace, and to all computer enthusiasts who contributed to make life a pleasant experience during my research documentation.

ACKNOWLEDGEMENT

I extend my sincere gratitude to all those who contributed to the completion of this project. Special thanks to my Supervisor (Name of your Supervisor), the Head of Department (Name of your HOD), the Lecturers in the department of Economics, Book Authors and Profound Scholars of existing or related project material on “Securities and Exchange Market and the Nigerian Economy; Adaptive Expectation Hypothesis 1990-2015” for their invaluable guidance, support, and expertise throughout the journey.

I am also grateful to your study area (mention any funding organizations, if applicable) for their financial assistance. This research would not have been possible without the encouragement and assistance of some stakeholders (mention any mentors, teachers, or colleagues). Additionally, I would like to acknowledge the understanding and patience of my family and friends during this endeavor. Your unwavering support has been a constant source of motivation. Thank you all for being part of this meaningful endeavor.

ABSTRACT

This research work is on the impact of The Nigerian Securities Exchange Market and the Nigerian Economy. The main objective of this study is to empirically examine the impact of Nigerian Securities Exchange Market and the Nigerian Economy: A Test of the Adaptive Expectation Hypothesis. This research work made use of secondary data which were obtained from the Central bank of Nigeria Statistical Bulletin (2015). The data were collected for a period of twenty six years (i.e. 1990-2015). The Ordinary Least Square Regression Technique was employed in the analysis of the data.

Based on the empirical analysis, it is concluded that security and exchange market has significant impact on gross domestic product in Nigeria. It is therefore recommended that; The funds raised by government in the form of government securities in the capital market should be put into productive sectors of the economy that will necessitate to growth in all facets of the economy and hence bring about job creation vis a vis increase in standard of living.


Securities and Exchange Market and the Nigerian Economy; Adaptive Expectation Hypothesis 1990-2015

CHAPTER ONE

1.1 Introduction

… As a prelude to other parts of this study, this chapter will discuss the background upon which this study was initiated, the statement of problems that led to this study, the Aim and Objectives of the study. Others are Significance of the study, Scope of work, Research hypothesis and questions, Limitation of the study and Definition of technical terms.

CHAPTER TWO

2.0 Literature Review

2.1 Introduction

This chapter focuses on the review of related literature. A literature review includes the current knowledge as well as theoretical and methodological contributions to a particular topic. It documents the state of the art with respect to the topic you are writing. It surveys the literature in the topic selected. In this research work the literature review includes the …

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