Abstract
This study investigates the short run effect, long run effect and causal relationship between stock market and economic growth in Nigeria. The Augmented Dickey Fuller unit root test, Ordinary Least Squares, Johansen Co- integration test and Pairwise granger causality methods were applied to the variables. The OLS result showed that the all share index had a significant but negative relationship with economic growth; The Johansen co- integration test showed that a long run relationship exists between the stock market performance and economic growth in Nigeria in the long run while the Granger causality test results showed that stock market performance does not granger cause economic growth but economic growth granger causes stock market performance at 5 percent significance level. The study suggested some of the possible reasons for the negative impact of stock market on the Nigerian economic growth and recommended that efforts should be made to improve the stock market performance to have a positive effect on the real gross domestic product of Nigeria overtime.
ABSTRACT
Protein energy malnutrition (PEM) accounts for over 50 % mortality among weaning children globally. Fortification and formulatio...
ABSTRACT
In times past, a great deal of research has been carried out at various levels in the impact o...
ABSTRACT
This paper tends to examine the effectiveness of revenue generation and utilization in the local government sys...
Abstract
This study entitled "The Effect of working Mothers on the Educational Development their Children" was...
Abstract
An internal control system is the process that can be use to provide reasonable assurance that the units...
Abstract
The reoccurring flooding in some parts of Rivers State had been a major research concern. Seas...
ABSTRACT
The study investigated agroforestry farming among some international organizations, Nigerian Government, Kastina State Governmen...
GENERAL INTRODUCTION
Medical establishments like hospitals, rehabilitation centers, health-saloons etc. are seen as figu...
ABSTRACT
Combustion instabilities in rocket engines are caused by coupling between the combustion processes and pressure oscillations in...
ABSTRACT
This study was carried out to examine hooliganism/gangsterism and students’ academi...