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ABSTRACT
The aim of this study is to investigate the relationship between global financial integration and gross capital formation in Nigeria between the period of 1990 to 2018. The specific objectives were to determine the relationship between Foreign Direct Investment, Foreign Portfolio Investment, Exchange rate, Trade openness and External debt on Gross Capital formation in Nigeria. The study employs the use of Ordinary Least system method (OLS), after collected data from the CBN statistical bulletin of 2020. The study revealed that Foreign Direct investment although was not significant but have a positive relationship with the improvement of Gross capital formation in Nigeria. This now stand as basis for the government to create a enabling environment to attract foreign investor. The study also revealed that was openness was very significant and that government should liberalized the economy that will be sustained and increased overtime given the significant positive impact of private sector, government, individual investors, less regulated trade across border will increased the activities of the capital market and in a long run bring about development to the sector.
