ABSTRACT
This research work is aimed at establishing and testing for existing relationship between the Nigerian Gross Domestic Product (GDP) and the indicators of the Nigerian Stock Market. Market capitalization and All Share Price Index are used as proxies for stock market indicators. Annual data set from 1985 to 2014 are used in the research work. The relationship is explored both in the general sense using multiple linear regression analysis and in the period-based (period of global financial crisis and period of no global financial crisis) using dummy regression analysis. Detailed analysis of the data using the multiple linear regression analysis revealed a strong significant multiple linear relationship among the response and the predictor variables with a coefficient of multiple determination, R2 of about 0.707 which explains about 93% of the total variations in the response variable. The result from the dummy regression analysis shows even a stronger linear relationship among the predictor variables and the response variables with R2 of about 0.93 which explains about 93% of the total variation in the response variable Y. The coefficient of the dummy variable is significantly different from zero which point to the need to analyze the variables based on the two economic period. It also respresent the average decrease in the response variables Y as a result of the global financial crisis given the indicators of the Nigerian stock market.
ABSTRACT
It has been observed that studies on insurgency in Nigeria have in the most parts been anchored on politics, law, economy, the e...
BACKGROUND OF STUDY
It was once thought that a country's economy is centred on its banking sector. The banking indus...
ABSTRACT
Hypertension is the most common non-communicable disease and the leading cause of cardiovascular disease in the...
ABSTRACT
This study investigated the relationship between financial performance and dividend policy for a sample of fifteen deposit money...
ABSTRACT
The focus of this study is to examine readers perception of the effectiveness of the print media in the...
ABSTRACT
The research provides a conceptual and analytical study on the effect of value added tax on the nigeria tax sys...
OBJECTIVE OF THE STUDY
Networking is the backbone of accessing vital information the world has becomes...
ABSTRACT
Benue State since its creation in 1976 has been pre-occupied with a political, social and religious dilemma arising from the pos...
Abstract
This study is on the effect of examination anxiety on the academic performance of students in tertiary institut...
Indigenous arts in Nigeria are as old as time imm...