Through their function of financial intermediation, banks facilitate capital formation, lubricate the production engine turbines and promote economic growth however, banks' ability to engender economic growth and development depends on the health, soundness and stability of the banking system itself. In view of the appreciable growth the nigerian stock market has undergone over the years, which prompted its listing by the international finance corporation (1991) as one of the emerging markets in the world, and its resultant positive impact on economic growth in nigeria, as shown by the foregoing empirical analysis, the study concludes with the following policy recommendations that could sustain and further drive this growth process.
The capital market on the economy of nigeria, that is to evaluate the effect of market capitalization on the inflation rate, gross domestic product (gdp), total number of new issues, transaction value, total listing and foreign direct investment (fdi. Osinbajo stated this at the 2nd capital market stakeholders forum held by the national assembly with the theme: capital market as a catalyst for growth and development” in abuja monday.
The acting dg said there were many capital market instruments that could be used to stimulate economic development in nigeria like bonds, equities and commodities, saying that the nigerian capital market has actually been serving as a catalyst for economic growth and development. Study, therefore empirically evaluate and investigates whether the stock market promotes economic growth this study employs the use of econometric techniques to determine the relationship and linkage between the stock market and the nigeria economy, which is poised to establish the effect of stock market on nigeria economic growth ii.
External debt and economic growth: the nigeria experience dr udeh sergius nwannebuike, ugwu james ike and dr onwuka ifeanyi onuka 1 department of accounting & finance , godfrey okoye university enugu state, nigeria. Nigerian capital market: a catalyst for sustainable economic development the capital market is the segment of the financial market which facilitates the mobilization and allocation of medium and long-term funds through the issuance and trading of financial instruments.