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Social and Behavioral Sciences Commons

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Economics

Central Bank of Nigeria

Nigerian capital market

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Full-Text Articles in Social and Behavioral Sciences

The Effect Of Global Financial Crisis On The Nigerian Capital Market: Lessons For Monetary Policy, Sunday Ogwuche Ameh Dec 2011

The Effect Of Global Financial Crisis On The Nigerian Capital Market: Lessons For Monetary Policy, Sunday Ogwuche Ameh

Bullion

The paper assesses the effect of the financial crisis on the Nigerian Capital market, and lessons for monetary policy with a view to providing valuable inputs that can be used to update policy decisions in Nigerian economy as well as examining the historical perspective of the recent global financial crisis.


The Performance Of Nigerian Stock Exchange Sectoral Indices: January 2009 December 2010, Alvan E. Ikoku, George Okorie Dec 2010

The Performance Of Nigerian Stock Exchange Sectoral Indices: January 2009 December 2010, Alvan E. Ikoku, George Okorie

Bullion

The paper reviews the performance of the sectoral indices during the first twenty-four months of their existence, i.e., between their inception in January 2009 and December 2010. The authors seek to examine not only the raw performance of the indices but also their risk-adjusted performance. The results of the analysis will facilitate the allocation of capital by institutional as well as individual investors in the Nigerian equity market. The rest of the paper is organized as follows. Section 2 discusses the transformation of the indices and their correlation. In section 3, we examine the nominal performance of the sectoral indices …


Impact Of Banking Sector Reforms On The Nigerian Capital Market (Equities)., Peter A. Adekunle Dec 2010

Impact Of Banking Sector Reforms On The Nigerian Capital Market (Equities)., Peter A. Adekunle

Bullion

Following the outcome of the Special Joint Examination by the Central Bank of Nigeria (CBN) and Nigeria Deposit Insurance Corporation (NDIC), ten banks were indicted, out of which two were asked to recapitalize, while the Chief Executive Officers (CEOs) and Directors of the remaining eight were removed by CBN based on mismanagement and poor corporate governance. In order to protect the investors as well as prevent unprecedented dumping of the shares of the listed seven banks, two weeks of full suspension was imposed on trading of their shares on the stock market at various times. This paper attempts to determine …