Project Topics Seminar Topics Post UTME Nursing Exam Past Questions
Search Topic
PARKLYN
ERVICES
 · RC: 2994849
The Effect of Central Securities Clearing System (CSCS) on the Nigeria Capital Market

The Effect of Central Securities Clearing System (CSCS) on the Nigeria Capital Market

@SparklynServices
WhatsApp Channel

DEDICATION

This research material, titled “The Effect of Central Securities Clearing System (CSCS) on the Nigeria Capital Market” is dedicated to God for His boundless grace and guidance. It is also a tribute to all computer enthusiasts whose contributions made my research journey smoother and enriched my documentation process, making the experience truly fulfilling.



ACKNOWLEDGEMENT

I am profoundly grateful to everyone who contributed to the successful completion of this project. I am especially grateful to my Supervisor (Name), the Head of Department (Name), and the Lecturers in the Department of Economics for their invaluable guidance and support. I also acknowledge the contributions of authors and scholars whose works on The Effect of Central Securities Clearing System (CSCS) on the Nigeria Capital Market provided essential insights. Special thanks go to my study area (and any funding organizations, if applicable) for their financial assistance. I am equally thankful to stakeholders, including mentors, teachers, and colleagues, for their encouragement and support. Finally, I deeply appreciate my family and friends for their patience and unwavering support throughout this journey. Your contributions have been instrumental in making this research a reality.



The Effect of Central Securities Clearing System (CSCS) on the Nigeria Capital Market

CHAPTER ONE

1.1 Background Of Study

This part of this project work is only available in the paid version

1.2 Statement Of Problem

One of the functions of the Central Securities Clearing System is certificate dematerialization but most investors are not aware of the operations of the CSCS nor of the facility as they prefer to keep the paper certificate. From January 1, 2009, investors shares were being lodged directly online with the CSCS. Prior to this new directive, the following problems were observed before the introduction of CSCS:-

  1. Cancellation and frequent issuance and re-issuance of share certificate when shares changed hands.
  2. Constant signature verification
  3. Capital gains not exploited
  4. Delay in the receipt of share certificate
  5. Loss of investors’ confidence in the trading activities on the capital market
  6. Materialization of share certificate.

With the introduction of the CSCS automation of the operations of activities on the Nigerian Capital Market also took place with IT innovation. Before now, there was a problem of:-

  1. Stockholders trading on investors stock without the consent of the investors
  2. Lack of public awareness of the operations of CSCS
  3. Non-automated system.

1.3 Objectives Of The Study

The research study is undertaken with a view of achieving the following objective. Which are:-

  1. To ascertain the effect of Central Securities Clearing System on the Nigerian capital market
  2. To assess the effect of Central Securities Clearing System on investors’ confidence in the trading activities on the Nigerian capital market
  3. To identify the effect that the share certificate dematerialization will have on the performance of trading activities on the Nigerian capital market.

1.4 Research Questions

For a better formulation of hypotheses, he following research questions was drawn:

  1. Does Central Securities Clearing System have effect on the Nigerian capital market?
  2. Can Central Securities Clearing System have effect on investors’ confidence in the trading activities on the Nigerian capital market?
  3. What are the effects of share certificate dematerialization have on the performance of trading activities on the Nigerian Capital Market?

1.5 Research Hypothesis

In pursuance of this study, three null hypotheses and their alternative will be set out

Hypothesis one

  • H0: CSCS have negative effect on the Nigerian Capital Market
  • H1: CSCS have positive effect on the Nigerian Capital Market

Hypothesis two

  • H0: CSCS have negative effect on investors’ confidence in the trading activities on the Nigerian Capital Market
  • H1: CSCS have positive effect on investors’ confidence in the trading activities on the Nigerian Capital Market

Hypothesis three

  • H0: CSCS share certificate dematerializations have negative effect on the performance of trading activities on the Nigeria capital market
  • H1: CSCS share certificate dematerializations have positive effect on the performance of trading activities on the Nigeria capital market

1.6 Scope Of The Study

The scope of the study shall cover the clearing and settlement system in the Nigerian stock exchange Onitsha, the activities of the Central Securities Clearing System, its establishment, benefits and problems from inception. It shall also cover how the Central Securities Clearing System can improve the transactions in the Nigerian Capital Market.

The place of the study is Asaba Metropolis and it involves seventeen years (21) of assessment. Secondary data will be used; facts figures and other relevant statistic shall be obtained from the Nigerian Stock Exchange Onitsha, Newspapers Journals, electronic media, fact book and related books.

1.7 Significance Of The Study

The significance of the study is towards creating a positive awareness amongst investors, stockbrokers and capital market operators about the operations of the Central Securities Clearing System and its effect on the performance of trading activities on the performance of trading activities on the Nigerian Capital Market.

It will result to more prompt and accurate clearing settlement, delivery and custodian system in the Nigerian Stock Exchange brings about the efficient service delivery of stockbrokers and investors confidence in the Central Securities Clearing System operations. Also it will bring about increase in knowledge to the academic society, it will enable further researcher to acquire more knowledge and research of its.

…

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 conceputal review, theoretical framework, the review of related literature …

Procedure for Accessing and Downloading the Complete Material in PDF or DOCX Format

Above is a preview excerpt of the full study on “The Effect of Central Securities Clearing System (CSCS) on the Nigeria Capital Market”. The complete material, including all five chapters, is available for download upon request.

To obtain the complete research material content, simply place an order by paying the specified project or seminar fee using the account details or electronic payment (E-payment) system provided below.

Seminar Material
₦3,000		Project Material
₦5,000

For Mobile Money (MoMo) and Researchers Outside Nigeria, Kindly Request Complete Material via WhatsApp.

Account Details - For USSD / POS Transfer

ACCT NAMESPARKLYN SERVICES
Zenith Bank PLC1222599051
MoniePoint (MFB)8030511988
Paycom (OPay)8030511988

–– or ––

After payment, send message containing your payment receipt to Sparklyn Services with the phone number displayed below.

Once payment is confirmed, the complete document will be delivered via WhatsApp or email in Microsoft Word (MS-Word) format.

You can get more research topics on Economics, if you did not see your preferred topic from the alternate list above.

Defense Procedure for Economics Researchers

In preparation for defending a project or seminar on The Effect of Central Securities Clearing System (CSCS) on the Nigeria Capital Market, it is imperative that as a nursing student, you demonstrate comprehensive knowledge of your research. The defense process is structured to include presenting your work, answering questions, and illustrating its pertinence. Initially, provide a succinct yet thorough introduction to your research topic, emphasizing its importance and the objectives, ensuring that both the audience and the External Examiner can understand the scope of your study.

Prior to your defense, be thoroughly acquainted with your research abstract and the critical elements of Chapter One, including motivation for embarking on this research, problem statement, objectives, and significance. In Chapter Two, be ready to cite at least two references from the literature review. For Chapter Three, you should be equipped to discuss the methodologies, tools, and techniques utilized. In Chapter Four, defend your research by justifying the findings and linking them to your research objectives.

Conclude your defense by succinctly summarizing the study and offering insightful, evidence-based recommendations. A professional dress code, such as wearing a suit and tie, is vital to create a favorable impression and elevate your presentation.

During the question and answer segment, the External Examiner may pose questions pertaining to your research. If confronted with a challenging or irrelevant question, respond diplomatically with, “Sorry, Sir/Madam, the question asked is beyond the scope of my study.” Whenever possible, direct your answers back to your research findings to reinforce your expertise.

Page Content Headings - The Effect of Central Securities Clearing System (CSCS) on the Nigeria Capital Market
    Download Material (Docx)