THE IMPACT OF INFECTIOUS EPIDEMIC ON FINANCIAL SECTOR A CASE STUDY OF CORONAVIRUS DISEASE
ABSTRACT
This research work empirically explored the impact of infectious epidemic on financial sector a case study of corona virus disease. The objectives of this study were to examine the level of coronavirus disease in Nigeria, investigate the impact of coronavirus disease on finance in Nigeria. The scope of the study is Nigeria stock exchange. The infectious disease transmission mechanism theory was used as a framework. The research design used for this study is survey, the population targeted for this study consists of all Nigeria stock exchange participant across the country. 400 individuals were used as sample size and cluster sampling technique was applied. Instrument used for this study is the questionnaire. Data collected were collected from primary sources. From the analysis of the data, the findings shows that the level of coronavirus disease in Nigeria as compared to other countries is average, coronavirus disease has effect on the level financial sector in Nigeria. Following the findings, it was recommended that measures should be devised to curb the spread of the virus and vaccine created so as to prevent further hinge on finances, government/individuals should devise a means to continue participation of financial activities. The study concludes that coronavirus disease has a negative effect on the financial sector.
THE IMPACT OF INFECTIOUS EPIDEMIC ON FINANCIAL SECTOR A CASE STUDY OF CORONAVIRUS DISEASE