LIST OF TABLE
1.2 Mean rating of aspects of the NOTE curriculum that constrain the problem of capital market in Nigerian’s economic development.
2.2 Scale of listing fee
2.3 Location of data
ABSTRACT
Nigeria has gradually come of age in terms of financial institutions, which make up the system. This is seen for the wide spread establishment of many financial institutions.
Meanwhile, way through which capital market as the complex of institution and mechanize by which intermediate and long term funds are pooled and made available to business, government and individuals and instrument already outstanding are being treated which in turn enhance economic boast are highlighted in this piece of work.
The various problem encountered by individuals and firm aid of course the government in actualizing the object of this study are exhaustively treated.
TABLE OF CONTENTS
CHAPTER ONE
1.1 Background of the study
1.2 Statement of the problem
1.3 Objectives of the study
1.4 Purpose of the study
1.5 Significance of the study
1.6 Scope of the study
1.7 Limitation/Delimitation of the study
1.8 Definition of terms
References
CHAPTER TWO
2.1 The Historical evolution and development of capital marketed
2.2 Scale of listing fees
2.3 Source of data
2.4 Location of data
2.5 Method of investigation
References
CHAPTER THREE:
3.1 Discussion of findings
3.2 Conclusion
3.3 Recommendation
Bibliography
CHAPTER ONE
1.1 BACKGROUND OF THE STUDY:
An economic is said to be growing if there is a sustained increase in the actual output of goods and services per head.
Likewise a nation economy is being developed when there is increase in the real per capital income and substantial positive transformations are geared towards the various sector of the economy. In comparing per capital income of some European nations namely Germany with that of Nigeria though Nigeria being a third world country, it is quite pertinent to note that the rate of development of dear nation Nigeria, is far too slow. In respect of the above, capital market which is a mechanism of fund provision and allotment is used as an insight to evaluate the economic rate of development of Nigeria. It is that junction that the researcher deemed it fit to adopt a though – provoking topic as capital market in Nigerian’s Economic Development.
The research work is designed to know the role of capital market in Nigeria economic development .
This study is intended to discover or unveil the operation of capital market and its implication to Nigeria economic development. For the researchers to achieve the above primary objective, we had to go the whole length to avail herself of the service of IMT, Enugu, the Enugu State Library. The Central Bank of Nigeria, Enugu Branch, the Zonal Area Office, UBA Enugu Branch, the Ministry of Trade and Industry to mention but a few. The researcher therefore intends for purpose of emphasis and convenience to limit this sample population to this institution in and around Enugu municipality.
The collection of materials that aided this research work was by all means, too little of task. These problems are in the following terms:
i. MOBILITY:
Research work, not emphatically is so problematic, a tropic as this could not have been possible without adequate utilization of library services. This libraries unfortunately are not located in the same place and hence the need for expenditure of money, entailed in moving from one library to the other, the case not also different when addressing the bank in the area of study. The mobility posed problem to a great extent but paid the collectable data necessary for the development of this work.
ii. FINANCE:
Based on the facts that the researcher relied on public transport in her search for data relevant to this topic, we encountered financial problems. These problems became worst, most especially in the research status as a student who had little or no finance-wise. It’s as a result most of the oral interview some first hand material form circumstance would have been photocopied work best by this handicap.
iii. PRESSURE OF WORK:
The researcher, in addition to writing this project has most other courses to tackle. These other course, the researcher must pass since the project only cannot avail her of the certificate. They attempt to combine this rather Herculean tasks to no little measure possess a great problem to the researcher.
1.8 DEFINITION OF TERMS:
CAPITAL:
This refers to all man-made productive assets i.e. all man-made wealth or goods used to produce other goods and services. They are goods, which assist in the production of consumer goods, services and other capital goods examples raw materials, machines, factory buildings.
CAPITAL MARKET:
This is a financial market for long term capital. It is a complex institution and also the mechanism through which intermediate and long term funds are pooled and made available to business, government and individuals. The capital market can be grouped into two namely the primary and the secondary market. The primary market is that for new issues of share and stocks for the purpose of pooling funds from the investing public excess unto. While the secondary market are mainly for existing stock that is stocks whose bearers went to re-coup the funds invested in acquiring such stock or securities found in the capital market are the stock brokers. Jabbers, dealing clerke, merchant banks.
ECONOMIC DEVELOPMENT:
According to Sudden, economic development is the process, which foster the transformation of a subsistence economy to one, which is modernized and integrated, with high degree of specialization and exchange. It is also the process of increasing real per capital income and engineering substantial positive transformation in the various sectors of the economy.
The positive dangers, which take place improve the general will being of the people and ensure sustain raise in the standard of living of the masses.
REFERENCES
Adam S. (1999) The Wealth of Nations, New York E. O. Bitton and
Company Inc.
Alile, H. I. (1999) Nigerian Stock Market in Operation, Lagos Jerane and
Association Ltd.
Orjih, John (1999) Element of Banking, Enugu Matson Publicity Company.
Okigbo, P. 9th Oct. (1997) The Capital Market and Nigeria Economy New
Nigeria.
Orji, John (1996) Banking Operations in Nigeria.
Ral Anyanwuocha (1999) B.Ed Hons (Economic) Ibadan, Fundamental of
Economics.
Agene, C. E. (1999) Principle of Modern Banking in Nigeria. Gene
Publication Ltd.
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