Capital Market and Fiscal Policy Shocks in Nigeria

Impact of Digital Finance on Stock Market Performance in Nigeria (2012m1-2021m12)

“…payment transactions expressed in million Naira (₦' Million)(Thaddeus et al (2020),Igoni et al (2020),Igoni et al (2021),Appah et al (2023)). payment transaction expressed in million Naira (₦' Million)(Igoni et al (2020), Igoni et al (2021transaction made via digital mobile devices such as phone and expressed in million Naira (₦' Million) (Thaddeus et al (2020), Appah et al is the total amount of money of expenditure by the Federal Government of Nigeria, expressed in million Naira (₦' Million) and it controls for public sector(Ibor et al (2018),Agwu and Godfrey (2020)). average official exchange rate of the Naira (N.US$1.00) and it controls for external sector(Innocent et al (2018),Epaphra and Salema (2018)percentage change in the annual real gross domestic product and it controls for the size of the economy(Onwumere et al (2012),Babajide et al (2016), Harcourt (2017).…”