TABLE OF CONTENTS
Table of Content
- Background Of
- Needs To The Study
- Statement Of The Problem
- Definitions of Terms
- The Stock Exchange of Nigeria Economy Case of Nigeria
- The Impact Of The Stock Exchange In The Nigeria Capital Market
- Review Of Some Writer On The Basic For Computation
- The Nigeria Stock Exchange
- Main Characteristics Of The Nigeria Stock Exchange
- Distinction Between Primary And Secondary Segment Of The Capital Market
- The Impact Of The Stock Exchange In The Nation Economy
- Difficulties In The Nigeria Stock Exchange
3.1 Research Methodology
3.2 Development of Research Instrument
3.5 Distribution And Collection Of Data
3.6 Method Of Data Analysis
4.1 Data Analysis And Presentation
4.3 Research Question 1
4.4 Research Question 2
4.5 Research Question 3
4.6 Value of Transaction In The Nigeria Stock Exchange
The materials on this research project have been systematically presented into five structured chapters.
The genesis of these, chapter one introduces the impact of stock exchange in Nigeria economies. It dwells on the importance of the study and definition of items/terms.
Chapter two critically revises related literature much emphasis on the Nigeria capital market. It looks into the characteristics of Nigeria stock exchange. This chapter further validates the impact of stock exchange in the Nigeria economy.
Chapter three focus more on historical background of the Nigeria stock exchange and data analysis, sampling and populations.
Chapter four is basically on Research question and stock market performance in 2006, value of transaction of Nigeria stock exchange.
In conclusion, chapter five summarized the major finding of research. Furthermore this chapter focuses on conclusion of study and recommended us as suggested based on the finding.
- BACKGROUND INFORMATION
This impact of stock exchange in the Nigeria economy is the topic of this project work. It examines the impact which the stock exchange plays in Nigeria economy. When we talk of Government securities
- A market for Government securities
- A market for private shares
This creates the need for mechanism for selling and buying of securities or shares. The stock exchange with price support at per.
The price of Government stock exchange fixed are sold to buyers according to their needs. The market for private securities.
From government securities e.g more trading is induced.
The exchange is mainly the place for the purchase and sales of securities hared quoted securities. Quoted securities are those which the stock exchange council has agreed may be sold on the exchange only the securities listed or quoted companies are traded on the exchange firm must meet the listed requirement of the stock exchange.
The Nigeria stock exchange started as the Lagos stock exchange in 1960. it commenced the Nigeria stock exchange in 1977 and established in Kaduna and Port Harcourt.
Securities dealt on the stock exchange include industrial e.g debentures, ordinate shared, preference shares, cult edges securities.
The stock exchange is governed by its council which is elected by members of stock exchange.
It performs the following functions:
- To protect that the rule of the stock exchange are observer by its members.
- To protect the inverting public. The memberships are three groups which are:
Include those who signed the memorandum of association in 1966 when Nigeria stock exchange was incorporated C.T. saving and CO (Nig) Ltd.
Investment company of Nigeria Ltd Sir Odum, Akintola Williams and Alhaji Shedu.
Those admitted on application to the Nigeria stock exchange. These are firms that intend to seek dealing membership or which are in a position to give financial and investment advice to the exchange.
Individual person or firms or co-operate body licensed by the council of the Nigeria stock to deal in stock, shares and all for the time being granted quotation on the Nigeria stock exchange, Currently, they are mainly firm’s stock brokers.
1.2 IMPORTANCE THE STUDY
Despite the tremendous impact played by stock exchange and the benefit operate in the stock exchange market and Nigeria economy enjoy. There is little evidence to show that the stock exchange does not manifest some optimizing characteristic which are very important in the development of capital market and the Nigeria economy as a whole.
The study is relevant and justifiable to the extent that it will after examining its problem, the role and impact of the evaluated and measures that will be sufficiently discussed.
However, the main focus and objectives of the analysis includes the following:
- To trace the history of Nigeria Stock exchange
- To highlight the impact of the stock exchange in Nigeria economy
- To highlight the functions of the stock exchange market to the economy
- To examine the deficiencies in the stock exchange
- To make recommendations for the development of the stock exchange in the Nigeria economy.