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The Performance Of The Nigerian Capital Market Since Deregulation In 1986., J. A. Babalola, M. A. Adegbite
The Performance Of The Nigerian Capital Market Since Deregulation In 1986., J. A. Babalola, M. A. Adegbite
Economic and Financial Review
The capital Market in Nigeria had been influenced by various factors which are associated with the level of development of the Nigerian economy. The paper discusses the development of the capital market with emphasis on the period since deregulation in 1986. The institutions that are crucial for the delivery of financial services in the market were analysed with focus on their evolution, performance and prospects. The. market in Nigeria was compared with other emerging markets with the conclusion that the market, remains shallow and without the expected variety that characterised markets in countries at similar level of development. The prospects …
Determinants Of Foreign Direct Investment (Fdi) In Nigeria: An Empirical Investigation., H. A. Salako, B. S. Adebusuyi
Determinants Of Foreign Direct Investment (Fdi) In Nigeria: An Empirical Investigation., H. A. Salako, B. S. Adebusuyi
Economic and Financial Review
This paper examines, empirically, the determinants of foreign direct investment (FDI) in Nigeria. The results indicate that exchange rate, government capital investment in infrastructure and credit to the domestic economy are some of the main factors that influence FDI flow to Nigeria. In particular, it shows that the ratio of external debt to GDP (Debt/GDP) was an important determinant of the flow of foreign investment. FDI was also observed to be sensitive to domestic interest rate and real per capita income. The study also highlights the need to maintain political stability in order to attract FDI.