The Effect of Capital Market on Industrial Development of Nigeria
Enaikpobomene Mina Irejeh,
Henry Somayina Markwe,
Longlife Owei Okoro
Abstract:The study examined the effect of capital market on industrial development in Nigeria for the period of 33 years spanning from 1990-2022. The independent variable employed in study are; market capitalization (MCAP), Industrial loan (INDL), Total volume (TV) and GFCF (Gross fixed capital formation), and industrial development proxy Industrial Output (INDOPT). Data were collected from the CBN Statistical Bulletin and World Bank data for 1990-2022. Data set was described using descriptive statistics, correlation a… Show more
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