ABSTRACT
This term paper is written to help show the contributions of the Nigeria capital market and it’s contribution to the economy. It is a term paper that brings out the whole system of Nigeria capital market, it’s problem and contribution to the economy it also provide the recommendations that are supposed to be made to the capital market as a whole so as to effect it’s growth and efficiency.
Its also talk about the review of related literature, the second tier securities market, the financial market in economic development, the summary of findings, its References.
This term paper in therefore n partial fulfillment of the requirement of the Institute of management and Technology.
INTRODUCTION
1.1 BACKGROUND OF THE STUDY
To understand the Nigeria Economy there are two crucial document the Nigerian Development plant and Annual budget, which in general the plan given a ten years perspective of the economy five before and fire years. Hence budget give two years perspective. One year before and up date the plan on an Annual basis. Darning from the perspective, the think, objective and strategic of the economy are established. The plan and budgets also specify the policy thrust for Achiving the set objective broadly these are fiscal and monetary policies. While fiscal policy involves measures or combination of measures in government Revenues and expenditure monetary policy involves measures or combinational of measures to influence or regulate the volume price of direction of money and credit.
While the two instruments are analytically different they have a common objective of influencing Aggregate economic activity to achieve the overall economic objective of the nation.
Capital market are markets in which under and investor provides long-term fund in exchange for financial assets offered by borrowers or holders- it is also where long- term financial assets are bought and sold and has and original maturity of more than one year.
Capital market provide liquidly for financial assets, thus making investors more willing to hold them.
Improvements in information, functioning and efficiency in capital market approve liquidity and hence facitate the flow of fund into investments, capital market activities, started prior to 1960. Infact two federal government stock 3 1/4 percent first development loan stock issued on 1940 and 1959 respectively the Lagos Exchange did not commence operation until 1961 from the exchange had only 14 companies up to 1971, but this situate has reversed in the period between 1971 and 1974 when the number reached 34 in order words, government fiat accounted for the relatively rapid growth of exchange.
Disclaimer: Note this academic material is intended as a guide for your academic research work. Do not copy word for word. Note: For Computer or Programming related works, some works might not contain source codes
CITE THIS WORK
(2014, 10). The Nigerian Capital Market And It’s Contribution To The Economy.. ProjectStoc.com. Retrieved 10, 2014, from https://projectstoc.com/read/3929/the-nigerian-capital-market-and-it-rsquo-s-contribution-to-the-economy-7909
"The Nigerian Capital Market And It’s Contribution To The Economy." ProjectStoc.com. 10 2014. 2014. 10 2014 <https://projectstoc.com/read/3929/the-nigerian-capital-market-and-it-rsquo-s-contribution-to-the-economy-7909>.
"The Nigerian Capital Market And It’s Contribution To The Economy.." ProjectStoc.com. ProjectStoc.com, 10 2014. Web. 10 2014. <https://projectstoc.com/read/3929/the-nigerian-capital-market-and-it-rsquo-s-contribution-to-the-economy-7909>.
"The Nigerian Capital Market And It’s Contribution To The Economy.." ProjectStoc.com. 10, 2014. Accessed 10, 2014. https://projectstoc.com/read/3929/the-nigerian-capital-market-and-it-rsquo-s-contribution-to-the-economy-7909.
- Related Works
- Problems And Prospects Of Microfinance Banks
- The Problems And Prospect Of Value Added Tax (vat) (a Case Study In Enugu State)
- The Impact Of Recruitment Method On Nigeria Civil Service A Case Study Of Kaduna State Civil Service Commission
- The Impact Of Government Regulation On Business (a Case Study Of N.b.l. Plc)
- Functions And Achievements Of Government Support Agencies In The Development Of Entrepreneurship In Enugu State. (a Case Study Of National Directorate Of Employment (n.d.e)
- Analysis Of Business Objective And Their Accomplishment Through Effective Cost Control (a Case Study Of Lake Concrete Industries Limited, Enugu State)
- Of The Organization And Management Problems Of Rural Water Supply In Nnewi Anambra State
- The Problems Of Financing A Small Scale Business In Nigeria A Case Study Of Garri Processing Industry Abakpa Nike Enugu
- The Effect Of Social Responsibility On Business Organization In Enugu State (a Case Study Of Emene Rice Milling Company).
- Poor Management In An Organization Causes, Effects And Possible Solution (a Case Study Of Nta Enugu)