The Role of Nigeria Capital Market in the Growth of the Industrial Sector
Kanu, Obinna (2013)
Kanu, Obinna
Seinäjoen ammattikorkeakoulu
2013
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Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2013121721556
https://urn.fi/URN:NBN:fi:amk-2013121721556
Tiivistelmä
The key aim of this thesis is to identify and discuss the contribution on the roles of the Nigerian capital market in mobilizing long-term finance for the development of the industry sector. Another aim is to examine the activities of the Nigerian industrial sector, to identify the problems and prospect of the Nigerian capital market in financing and sustaining industrial enterprises. Most of the information for the study was obtained from secondary sources; they were extracted from the Central Bank of Nigerian Publication 2005 and business newspapers. The capital market is a financial institution set up for the granting of medium and long-term instruments. It is an instrument of financing the operations of various sectors of the Nigerian economy. This study also analyses the economies of developing countries e.g. the African economy in brief and discusses the 5 major economies in Africa, the largest economies in West Africa, and their rankings in the world. Nigeria has the biggest economy in West Africa, the 3rd in Africa, and occupies the 30th position in the world.