THE EFFECTIVENESS OF RAISING CAPITAL IN NIGERIA STOCK EXCHANGE MARKET

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ABSTRACT

This study is concerned with the effectiveness of raising capital in Nigeria stock exchange market. The Nigeria stock exchange being responsible for the mobilization of funds has being having divergent views over its impact by different quarters some has been praising stock exchange for its role in fund mobilization for capital formation, which invariably leads to economic development, while some has being criticizing it on its ineffectiveness. Result of various scholar of the above topic assigned greater role to the Nigeria stock exchange as an avenue for capital formation especially in developing countries like Nigeria. However, this study is a product of it observations mode and the reflection gathered from these previous studies and it is aimed at revealing the extent to which the Nigerian stock exchange had been performing its funds mobilization role crucial to the development of the economy. Chapter one discusses the introduction while chapter two lay emphases on the literature review, chapter three was on research methodology while chapter four deals on data presentation and chapter five dwelt of the summary, conclusion and recommendations.

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