Background of the Study
Financial markets are vital for economic development, serving as platforms for mobilizing savings, allocating capital, and fostering investment. The Nigerian Stock Exchange (NSE) plays a central role in the country’s financial system, facilitating capital formation and enabling businesses to raise funds for growth (Adeoye & Johnson, 2023).
Despite its significance, the Nigerian financial market faces challenges such as low investor confidence, regulatory constraints, and market volatility. These issues hinder its ability to drive economic development effectively (Nwachukwu, 2024). This study examines the role of financial markets in Nigeria’s economic development, with a focus on the NSE.
Statement of the Problem
The underperformance of financial markets in Nigeria has raised concerns about their contribution to economic development. The NSE, in particular, struggles with limited participation, low liquidity, and regulatory inefficiencies. These challenges undermine its capacity to support capital formation and stimulate growth (Okoro, 2023).
This study seeks to evaluate the role of financial markets in economic development and propose solutions to enhance their effectiveness.
Objectives of the Study
Research Questions
Research Hypotheses
Scope and Limitations of the Study
The study focuses on the Nigerian Stock Exchange, analyzing its role in economic development between 2023 and 2025. Limitations include access constraints to market data and the evolving nature of financial regulations.
Definitions of Terms
Abstract: This research examines the influence of project documentation on project outcomes, aiming to: 1) a...
ABSTRACT
The main objectives of this study were to find out the problem of refuse disposal in Colben in Ovia North East...
Background of the Study
Tax education programs are essential for improving taxpayer compliance and enhancing government rev...
Background of the Study
Strategic resource allocation is essential for optimizing busi...
Background of the Study
Gender plays a significant role in political appointments, especially in regions like Bauchi Local...
Abstract
THE ROLE OF PUBLIC ACCOUNTANTS IN CORPORATE SOCIAL RESPONSIBILITY (CSR) REPORTING
This study explores the role of publ...
Background of the Study
5G technology represents the next evolution of mobile and wireless communication networks, offer...
Abstract
The study assessed the level of teaching effectiveness of ...
Background of the Study
Anxiety disorders are prevalent in elderly populations, and th...
ABSTRACT: THE INFLUENCE OF SOCIAL TRENDS ON BUSINESS OPERATIONS
The study’s obje...