of the study
Objective of the study
Limitation of the Study
of the Study
and Plan of the Study
CHAPTER TWO: LITERATURE REVIEW
Theory of Nigeria Capital
The Roles of
importance of Capital Market
Influencing Activity in the Capital Market
Against the Growth of Capital Market and Solution to the Problems
CHAPTER THREE: RESEARCH METHODOLOGY
Design and Instrument Sampling
of the Study Population and Sampling
of Data Collection
of Data Collection
CHAPTER FOUR: DATA ANALYSIS AND PRESENTATION
Introduction of the Chapter
and Analysis of Data
Presentation of Data According to Test of Hypothesis
CHAPTER FIVE: SUMMARY, CONCLUSION AND RECOMMENDATION
The economic global meltdown stated. In the United
State of America in year 2007. However it assumed to be a danger status in
September, following the collapse of two of the world biggest and investment,
bonus namely Lehman Brothers and Merrill lynch.
Like wide fire danger spread to other parts of the world prompting major
stock markets to tunable and bumble.
This resulted into capital flight which triggered
huge demand for foreign exchange between October and November in Nigeria.
$1.27billion sold in setember, foreign exchange sale shot up to $3.4billion in
October and $ 3.1 billion in November.
This prompted a sharp depreciation of the Naira as the exchange rapidly
N1/7 per dollar between
November and December.
the above impact of the global economic meltdown on Nigeria capital market has been
relatively minimal. Unlike capital
markets the developed countries which suffered credit crunch, several
illiquidity and recorded losses as well as take over by government through
in the capital market experience in the year 2008, will remain undelible in the
minds of many investors and other stakeholders.
In the Nigeria
economy as the bubbled which was built several years ago. Suddenly, bursts leaving the investor with
better experience, before the intervention by regulations to stem the pathetic
1.1 BACKGROUND OF THE STUDY
The initial attempt to establish capital
market in Nigeria dated back
to 1959, with issue of First Nigeria Development Loan stock by the Central Bank
followed by the inauguration of the Lagos Stock exchange in 1960 it commenced
to operation in June, 1961.
important development which catalized the growth of the market was the
compulsory incorporation of branches of Foreign Corporations following the
enactment f the company act in 1968.
In 1972 the
promulgation of the Nigeria Enterprises promotion Act otherwise called the
indigenization programme gave further implies of the market development
accounting for 126.7% smooth in the number of listed equities on the exchange.
of 1977 amendment of the indigenization Act 1972 led to growth of 170.6% in
industrial equidity overall the development security.
implementation of true indigenization programme of 1972 and 1977, the statutory
requirement that certain public institution like the pension find include the
development banks should be a greater percentage of their instrument in the
OF RESEARCH PROBLEM/ QUESTION
The focus of
this research will be to identity thus effect of Global Economic Meltdown of
Nigeria Capital Market. In this following research questions.
What are the
effect of Global Economic Meltdown on Nigeria Capital Market.
What are the
effect of Global economic Meltdown on the Nigeria Economy.
What are the
affect of Global Economic meltdown on the Nigeria Investors.
What are the
effect of global economic meltdown on Nigeria currency?
AND OBJECTIVES OF THE STUDY
project main focus is to take cursory look at the effect of global economic
meltdown on the Nigeria Capital Market.
Therefore, the aims and objectives of the study will include:-
the effect of global economic, meltdown on the Nigeria Capital Market.
the effect of Global Economic Capital Market.
the effect of Global Economic Meltdown on the Nigeria Economy.
the effect of Global Economic Meltdown on the Nigeria Investors.
the effect of global economic meltdown on the Nigeria Currency.
AND LIMITATION OF THE STUDY
will focus on the effect, global economic meltdown on the Nigeria Capital
Market with special emphasis on the Nigeria Capital Market.
will be historical and case study research which may be limited not
insufficient finances. Lack of enough
time, lack of co-operation from the respondent and the case study this may
linder through research. However, effort
will be made to ensure that the above.
Constraint and limitation do not affect the effective completion of the
1.5 RESEARCH METHODOLOGY
purpose of the study, the method to be employed in the collection of data and
all necessary information for the purpose of this study will include the
primary and secondary method.
method was include the use of;
While the secondary method was also include the
use of text book, journals and internets.
OF THE STUDY
importance of this project is to access to the effect of economic global
meltdown on Nigeria.
Capital Market. The study will also show
the effect on the investor and how the capitals
market turnble and fumble into capital loss.
hypothesis is to be tested in this is
economic meltdown has increased the problem on the Nigeria capital market.
is no significant differences on the investors before and after the global
AND PLAN OF THE STUDY.
work will be divided in to five chapter. Chapter one will have the
introduction, background of he study, statement of research, questions/
problems, aims and objectives of the study, research hypothesis, scope and
limitation of the study, significant of the study and organization and plan of
Chapter two will treat the theoretical frame work.
Capital market operation in Nigeria,
historical background of Nigeria
capital market, effect of global economic meltdown on Nigeria capital
market. Chapter three will discuss about the research methodology. Research
design and instrument sampling, research population and sampling, procedure of
data collection and constraint to data collection. Chapter four this consist of
data presentation and analysis a brief introduction of the chapter and analysis
of other data and findings. Chapter five. Will discus the summary, conclusion,
recommendations and references.
GLOBAL: Having to do with the whole earth, world
TURMOIL: Description, often with mental suffering
CONSTRAINT: A limitation or restriction.
CURSORY: Done quickly and without care.
DECLINE: To fill off or loss, movement downward
PROMULGATION: To spread idea, a belief among
people or to announce a new law or system officially or publicity.
TRIGGERED: Something that is the cause of a
particular reaction or development, especially a bad once.
DIASPORA: The movement of the people from any
nation or group away from their own country
PERCEPTION: The way you notice things.
INCEPTION: The start of an instruction or an