EFFECTS OF MONETARY POLICY ON NIGERIAN CAPITAL MARKET
Sold By: Joe Project Store | Item Type: Project Material | Report this? | Attributes: 65 pages | 1-5 chapters | Amount: ₦5,000 | 1 order. | Marked useful: 4,562 times
INSTANT PROJECT MATERIAL DOWNLOADABSTRACT
This research work examined the effect of monetary policy on the Nigerian stock market by specifically examining the impact of monetary policy on money supply, treasury bill rate, exchange rate,interest rate and inflation rate on all share index. To achieve these objectives, the study employed the Ordinary Least Square (OLS) econometric technique in which time series data was collected for the period 1985-2014.Using Secondary data collected from Central Bank of Nigeria and Nigerian Stock Exchange. This period was considered due to the liberalization of the financial sector. Following the outcome of this study, the results, revealed that Broad Money Supply(M2) and, Exchange rate(EXR) are positively related to the All Share Price Index at 5% level of significance of 53.86% and 66.81% changes in the all share index respectively, Interest rate (INT)as a monetary policy tool at 5% level of significance has a negative influence on all share index of 1.5% variation in the market indexandTreasury bill rate (TBR), negatively related to the All Share price index. The dominanceof insignificant negative relationship between monetary variables and stock market indicates that there is a disconnection between monetary policy and stock market. Hence we recommend that, monetary authorizes should formulate policies that will stabilize significant macroeconomic indicators in order to promote the capital market.
This material content is developed to serve as a GUIDE for students to conduct academic research
DOWNLOAD THIS PROJECT MATERIAL NOW!
Advertise Here
Not what you were looking for? Perform a search
What's your project topic?
Comment on Facebook:
Related Project Materials
- 1.
EFFECT OF FUEL SUBSIDY REMOVAL ON PERFORMANCE OF SMALL SCALE ENTERPRISES: A CASE STUDY OF MAIDUGURI ...
CHAPTER ONE INTRODUCTION 1.1 Background of the study A subsidy refers to the financial assistance provided by the government to sectors, institutio...More »
Item Type: Project Material | 54 pages | 1,299 engagements |
- 2.
THE EFFECT OF GOOD PUBLIC RELATION AND ORGANIZED PROMOTION ON THE ACHIEVEMENT OF ORGANIZATIONAL PERF...
CHAPTER ONE INTRODUCTION 1.1 Background of the Study ` Globally, public relations plays a crucial role in an organization's efforts to draw in cust...More »
Item Type: Project Material | 54 pages | 719 engagements |
- 3.
AN ASSESSMENT OF THE INFLUENCE OF AFFILIATE MARKETING ON CONSUMER TRUST AND LOYALTY IN TRAVEL AFFILI...
CHAPTER ONE INTRODUCTION Background of the Study Given its greater ability to directly target customers worldwide and its abundance of online optio...More »
Item Type: Project Material | 54 pages | 629 engagements |
- 4.
EVALUATION OF THE EFFECT OF OFFICE POLITICS ON CONFLICT RESOLUTION AND WORKPLACE HARMONY IN CAMEROON...
CHAPTER ONE INTRODUCTION 1.1 Background of the study Office politics is an intrinsic and sometimes unspoken element of the contemporary workplace, ...More »
Item Type: Project Material | 54 pages | 615 engagements |
- 5.
EVALUATING WORKPLACE POLITICS AND ITS EFFECT ON ORGANISATIONAL DEVELOPMENT IN CAMEROON
CHAPTER ONE INTRODUCTION 1.1 Background of the study Politics is significant because it reveals the secret of "who gets what, when, and how" in a s...More »
Item Type: Project Material | 54 pages | 622 engagements |
- 6.
EVALUATION OF THE IMPACT OF OFFICE POLITICS ON EMPLOYEE MENTAL HEALTH IN CAMEROON
CHAPTER ONE INTRODUCTION 1.1 Background of the study While there are numerous elements that lead to stress in the work environment, none are as harmfu...More »
Item Type: Project Material | 54 pages | 605 engagements |